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About this week’s show: 16% of all sovereign debt is at negative interest rates! Deflation is only devastating to the highly leveraged. Resolving debt crises is nothing more than assigning losses. The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Government can pretend it doesn’t have responsibility for creating the wealth distortion via its […]
“In all speculative episodes there is always an element of pride in discovering what is seemingly new and greatly rewarding in the way of financial instrument or investment opportunity. The individual or institution that does so is thought to be wonderfully ahead of the mob. This insight is then confirmed as others rush to exploit […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Which is the higher of costs? To print, or not to print? That is the question. Today, for the patient investor, this is a period of epic instability, and epic opportunity, if cautiously positioned ahead of time. We are going deeper and deeper into our […]
About this week’s show: Subprime auto loans, the next bubble to pop? New home sales down, home stocks soar Obamas amnesty, tax refunds for a vote The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Which is the higher of costs? To print, or not to print? That is the question. Today, for the […]
If I had my druthers, politics would be kept a safe distance apart from economic analysis. The economics profession, however, is guided by a policymaking focus. Economists are compelled to choose sides – Democrat or Republican – “liberal” or “conservative.” This arrangement has proved the death knell for objective analysis. Worse yet, such divergent views […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “It is very natural for this hubris to manifest itself. It is very natural, because you are powerful. And when you are powerful, you think you are powerful, and you should think you are powerful. But just how powerful you are – that’s problematic. And […]
About this week’s show: Complexity is creating huge moral hazard Currency Wars are now the primary form of leverage Insensitivity to danger makes us RIPE for Collapse Be sure to read and purchase: The Power Curse: Influence and Illusion in World Politics The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “It is very […]
Bloomberg’s Simon Kennedy did a nice job with “A World Overflowing With Debt,” as did the Financial Times’ Ralph Atkins with “Debt Mountains Spark Fears of Another Crisis.” Kudos to Richard Dobbs, Susan Lund, Jonathan Woetzel and Mina Mutafchieva, of the McKinsey Global Institute, for their comprehensive (136 page!) report: “Debt and (Not Much) Deleveraging.” […]
