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  • Job gain of just 126K in March [View news story]
    It is all in all not good. Productivity growth is miserable in the service sector where most people work and therefore is no room for real wage growth.
    The US is drifting into the direction of a nation led by some Oligarchs. Some super rich are keeping there money offshore, completely legal while the tax burden is crushing the middle class.
    Obama has not done anything to steer away from that kind of system. There is no party in our system that is interested in really fixing anything. That is why "house of cards" is so fascinating because it is so eye-opening.
    Apr 3, 2015. 09:50 AM | 6 Likes Like |Link to Comment
  • U.S. considers working with AIIB [View news story]
    China simply wants to built a counterpart to the IMF, Worldbank and other western nations dominated institutions.
    Understandable due to the shifting economic powers.

    Competition is always a good thing. It is keeping us on our feet. Working harder to stay on to has never been a bad thing.
    Mar 23, 2015. 02:55 PM | Likes Like |Link to Comment
  • Gold Is Poised For A Second Leg Up [View article]
    the recusant: All true what you are saying. But my farm land had a great run up in value plus I have some revenue flow from rent. So all in all it was the better investment choice.
    Gold is just the ultimate insurance for a system collapse. Gold will in that case hold it value plus you can hide it where I have not chance to hide my farm land.
    Mar 4, 2015. 01:21 PM | Likes Like |Link to Comment
  • Gold Is Poised For A Second Leg Up [View article]
    @the recusant; very true what you are saying but gold is still pretty much useless material.
    It is just an illusion like so many things we believe in.
    The value of treasuries is Japanese bonds and so on are just an illusion as well.
    As long as there are enough people or central banks willing to buy there is a value, the illusion is intact.Therefore gold might be a way to store wealth in the short term of a crisis but we are far from that.
    Mar 3, 2015. 07:11 AM | Likes Like |Link to Comment
  • Gold Is Poised For A Second Leg Up [View article]
    Gold has no use other then it´s shine. That in itself is not enough to buy and store gold.
    If an investor feels the need to buy metals I would recommend silver or platinum. At least there is some use to it.
    Mar 2, 2015. 03:23 PM | Likes Like |Link to Comment
  • Germany rejects Greece's bailout extension request [View news story]
    Greece is economically a hopeless case. They are just not competitive in any industry. Productivity is per unit labor cost only half of the Polish. So who in this world would put any money into Greece.
    They need to slash salaries drastically or become more productive.
    For right now leaving the single currency would be the best solution since their capability of increasing productivity is limited.
    Feb 19, 2015. 08:44 AM | 5 Likes Like |Link to Comment
  • Revisions turn January jobs report into blowout beat [View news story]
    It is a very solid number.

    What I find confusing in this context is yesterdays release on productivity:

    The latest report from the Labor Department showed that productivity fell 1.8% in the fourth quarter. For the year, productivity grew just 0.8%.

    That’s not a new trend. Since the recession’s end, productivity hasn’t surpassed a meager 1% in any year. There are different theories around to explain this phenomenon, including the lack of investment.

    Are we just creating jobs because we are loosing out on productivity?

    If so, we are sitting in a house of cards.
    Feb 6, 2015. 09:27 AM | Likes Like |Link to Comment
  • Gold Is In A Bull Market And Stocks Are In A Bear Market [View article]
    Good article and nice debate on the topic.
    As always it seems like the impossible to debate about gold without an emotional touch. That is the main reason for me to not get involved much in the gold market because there is even less rational then in any other market.
    You love it or you hate it there is not much room in the middle.
    Feb 6, 2015. 07:53 AM | 2 Likes Like |Link to Comment
  • Unraveling A Greek Drama [View article]
    Germany has no choice but to insist for Greece to continue with its reforming process.
    There is no free money. Unlike the US - where the FED only bought Federal debt - the ECB is buying national debt from individual Countries. This would be comparable as if the FED would have bought debt from individual states.
    Merkel knows that the public opinion in her own country is opposing any more aid for club MED.
    The next huge problem would be the learning curve for the Podemos movement in Spain.
    So Merkel will have to stay on course. Giving in is not an option.
    Feb 6, 2015. 03:51 AM | 2 Likes Like |Link to Comment
  • Trade deficit jumps to highest since 2012 [View news story]
    Paired with poor productivity growth and an aging population this is hinting to trouble ahead.
    The latest report from the Labor Department showed that productivity fell 1.8% in the fourth quarter. For the year, productivity grew just 0.8%.

    That’s not a new trend. Since the recession’s end, productivity hasn’t surpassed a meager 1% in any year. There are different theories around to explain this phenomenon, including the lack of investment.
    Feb 5, 2015. 01:04 PM | Likes Like |Link to Comment
  • Making Sense Of The Latest Greek Drama [View article]
    Great point.

    Zero Hedge is no use to anyone who is looking for serious information.
    Feb 3, 2015. 07:02 AM | 2 Likes Like |Link to Comment
  • Anti-austerity Syriza set to sweep Greek elections [View news story]
    It is going to bring politicians back to reality and that reality is: The € crisis is not over.
    Greece is not competitive as productivity is low compared to other nations in the northern Eurozone.
    That won´t change over night and might take a whole generation.
    If I had to walk in their shoes I would leave the Eurozone, default and start over. That would be the least painful way for everyone.
    Jan 25, 2015. 02:53 PM | 2 Likes Like |Link to Comment
  • ECB's Financial Tanks Roll Across Europe [View article]
    Just another reason to leave your money outside the Eurozone or buy German stocks within the Eurozone if you want to be invested.
    German exporters will bring home the bacon as a result of a weakening €.
    Jan 22, 2015. 11:59 AM | Likes Like |Link to Comment
  • All Eyes On European Central Bank's January 22, 2015 Meeting [View article]
    All these years of QE in the U.S. have fueled a bull market, but haven’t produced wage growth, and consumers don’t appear ready to drive revenue growth for companies.
    Prosperity stems from poring money into education and productivity growth and not from funding social programs invented by politicians who are unwilling or unable to start reforming the systems.
    Jan 20, 2015. 08:39 AM | 1 Like Like |Link to Comment
  • Euro zone ended 2014 in bad shape [View news story]
    It seems like 2014 was not a bad year after all in some of the Eurozone nations.
    Statistics tell only some of the truth.
    A Grexit is nearing and that is probably the best news for Europe and Greece.
    Greece can only get back on it´s feet by exiting the single currency. At the same time a Greek exit will put enormous pressure on lame European politicians to finally get in gear to start some reforms.
    Jan 6, 2015. 07:41 AM | Likes Like |Link to Comment
COMMENTS STATS
210 Comments
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