Monday, June 24, 2013

Strange things afoot in finance-land today!

Trader Dan: a voice of reason among a sea of knuckeheads:

Trader Dan's Market Views: A LOOK AT THE BOND CHART

His summary: SOLE CAUSE OF THE WILD, INCESSANT AND UNPREDICTABLE VOLATILITY IN TODAY'S FINANCIAL MARKETS IS EVERY BIT THE CONSTANT INTERFERENCE BY THE CENTRAL BANK

Definitely troubling moves today in the financial markets...bond rates, etc. It will be interesting to see the outcome of the next few days!

Wednesday, June 19, 2013

Kyle Bass: "The Next 18 Months Will Redefine Economic Orthodoxy For The West" | Zero Hedge



Who's Kyle Bass??? Kyle Bass Bio I guess he's a hedge fund manager of some renown. Mr. Bass makes some interesting comments in a Q&A session as highlighted by Zero Hedge:

Kyle Bass: "The Next 18 Months Will Redefine Economic Orthodoxy For The West" | Zero Hedge

I'll watch the video at lunchtime...as I'm supposed to be working now but, the highlights make it look scary interesting!


Monday, June 03, 2013

Thought Experiment: Why Do We Bother Paying Personal Taxes? | Zero Hedge

If our government can just borrow and spend without any real long-term consequences, why make half efforts with it? Why not finance everything our government spends? Then we wouldn't have to pay any income taxes at all!  Awesome idea!!!

Thought Experiment: Why Do We Bother Paying Personal Taxes? | Zero Hedge

Maybe we won't do that because the current borrowing and deficit spending regime is really a really bad idea which will have severe consequence sooner than later. And many are already being harmed by this course of action.