31st December 2015 archive

The Keynesian Recovery Meme Is About To Get Mugged, Part 1

From David Stockman’s Contra Corner – davidstockmanscontracorner.com Yellen said at least one thing of importance last week, but not in a good way. She confessed to the frightening truth that the FOMC formulates its policies and actions based on forecasts of future economic developments. My point is not simply that our monetary politburo couldn’t forecast its way …

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Today’s News December 31, 2015

Swiss Army Chief Warns Of Social Unrest, Calls Upon Citizens To Arm Themselves Swiss army chief André Blattmann warned, in a Swiss newspaper article on Sunday, the risks of social unrest in Europe are soaring. Recalling the experience of 1939/1945, Blattman fears the increasing aggression in public discourse is an explosively hazardous situation, and advises …

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