Forum: US & Global Economy

Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history. Faced with increasing difficulty in selling the mortgage-backed securities that had been among their most lucrative products, the banks hit on a...

VietFinanceNews.com - Gold futures rose in New York, capping the fourth straight weekly gain, on speculation that the dollar will weaken, boosting the appeal of the precious metal as an alternative asset... Full story: Gold Futures Advance on Dollar Outlook, Cap Fourth Straight Weekly...

. Foreclosure Study Shows Dramatic Value Drop August 23, 2010 - 9:56 AM | by: Molly Line Nationwide, more than a half million homes fell into foreclosure in the first half of 2010. More than 900,000 were repossessed in 2009. Watch the latest video at FoxNews.com

You hate the FED, You think those Ivy League Tards are inept. watch a smack down put on Mishkin:giggle: http://www.zerohedge.com/article/watch-former-fed-governor-fred-napoleon-dynamite-mishkin-dire-need-diaper-change

. Russian gas output rises 19.3% by July end MENAFN 22/08/2010 (MENAFN) RIA Novosti news agency reported that gas production in Russia rose by 19.3 percent to 379 billion cubic meters from January to July in 2010 year on year. In July 2010, Russia's gas production rose...

. The puzzling energy world Arab News 22/08/2010 (MENAFN Arab News) CONTRADICTORY, conflicting and confusing are the issues confronting the energy world today. Baffling, intriguing and indeed intellectually extracting too. Plethora of voices, of pundits speaking from various...

. By Hao Li | August 14, 2010 8:29 PM EDT Interview: Jim Rogers on Chinese Economy, Yuan Policy, and GM Jim Rogers is an investor and financial commentator. He maintains residences in Singapore and Miami....

Excellent Must read to understand how the Bond mkt is simply a monetary tool. http://pragcap.com/the-myth-of-the-great-bond-bubble

. 1987 ALL OVER AGAIN? 11 August 2010 by TPC Robert Prechter of Elliott Wave International says the current chart pattern in the equity markets is eerily similar to the August 1987 chart pattern: Go to 1987 ALL OVER AGAIN? to see video

AS THE WORLD TURNS: Today’s disappointing economic news—consumer sales last month grew less than expected—has fueled debate over whether Congress should pass another huge stimulus. But another trillion-dollar fiscal stimulus won’t be politically possible. Not during a tough election year. ...

. Tired Of The Dismal US Market? Here's A Primer On Investing In Emerging Markets Betty Jin | ...

Several weeks ago, right before a G20 summit, China placated restless world leaders by announcing a gradual yuan rise. Nobody expected it to be severe or swift, but not many expected the yuan to actually fall. And yet, that's what's happened. As Ambrose Evans-Pritchard at the Telegraph points...

. Deflation’s Coming, Says Gary Shilling, And It’s Going to Clobber the Stock Market August 13, 2010 posted by Michael Leon Deflation From TechTicker: All through the market rally and budding economic recovery of the past 18 months, most people concluded...

. Does German Growth Feed on PIGS Weakness? Published: Friday, 13 Aug 2010 | 3:28 AM ET By: Patrick Allen CNBC Senior News Editor While German gross domestic product growth hit its highest level since re-unification, the rest of Europe is struggling to keep pace with the highly productive...

. American unemployment Forgotten men The jobless recovery, long prophesied, is here Aug 12th 2010 FEARS that the recovery of America's economy after the financial crisis would fail to spur an increase in employment are being realised.

. China's electricity consumption up in July (Xinhua) Updated: 2010-08-14 14:18 BEIJING - China's electric power consumption in July reached 389.6 billion kilowatt-hours (kWh), up 13.94 percent year-on-year, the National Energy Administration (NEA) announced Saturday. The amount...

. German 10-Year Bonds Post Third Weekly Gain; Investors Flee Peripherals By Anchalee Worrachate - Aug 13, 2010 10:30 PM GMT-0800 Sat Aug 14 06:30:00 GMT 2010 ...

. Afghanistan Says It Locates 1.8 Billion-Barrel Oilfield in Nation's North By Eltaf Najafizada - Aug 15, 2010 6:11 AM GMT-0800 Sun Aug 15 14:11:09 GMT 2010 ...

. US and China to clash over yuan fall China is on a collision course with Washington after steering its currency sharply lower to protect its export industries, despite a near record trade surplus of $29bn (£19bn) in July. By Ambrose Evans-Pritchard Published: 10:35PM BST 15 Aug...

What If Revenue From The Rich Dries Up? By PETER FERRARA Posted 08/02/2010 06:57 PM ET President Obama says his sweeping, across-the-board increases for every major federal tax rate starting next year are necessary for "the rich" to pay their fair share. "The rich" are defined as those...