7 Articles
Friday, August 28, 2009
What If you Called 411 and The Crash Answered?
It proves that, accelerated by the previous period of Quantitative Easing, after a short period of exceptionally good economic conditions and Irrational Exuberance, which will inflate the Mother of All Asset Price Bubbles, we will have a Keynes' Liquidity Trap, The Crash and The Deep Depression.
It shows that no fiscal or monetary policy, will get the world out of The Deep Depression.
Friday, August 28, 2009
How Ben 'Systemic Risk' Bernanke Deliberatly Created The Great Recession.
How Ben 'Systemic Risk' Bernanke Deliberatly Created The Great Recession.
Thursday, August 20, 2009
Æta Tumultuosa: Votus Pro Bono Novo Ordo Seclorum.
The Tract Pro Bono explains the nature and causes of economic depressions.
It describes what are the necessary conditions for the occurrence of a
crash and an economic depression. It proposes a plausible alternative
solution. it shows immediate dangers we are facing
Monday, July 20, 2009
The State of Long-Term Expectation.
This Paragraph kills that idiotic belief that Market predicts the future.
Here I am going to shoot one of the bases of the support for the ideology of capitalism. It says that market have a predictive capacity. People should be aware of the fact that markets don't have expectations, people do and markets don't.
Wednesday, July 1, 2009
Liquidation and Creative Destruction.
(1 comments)
This paper is a sneak preview of my Tract: "Pleas for a New World Economic Order." which explains the nature and causes of the economic crisis and proposes a plausible alternative. This chapter denounces Keynes' theory which says that the level of Investment before 1929 was not the cause of the Depression that ensued.
It examines the validity of Liquidationism and the notions that relate to it.
Sunday, June 14, 2009
The Risk in Long-Term Interest Rates & Stagflation.
(3 comments)
This paper explains the recent rise in long-term interest rates and inflation expectations.
It uses the volatility of interest rate. It tells that the present yield curve is inverted which give rise to an increase of the price of minerals and of stagflation.
The Risk would be that the FED hikes the short-term rates and put the market in the same situation as it was in the Paul Volker era.
Monday, June 8, 2009
Credit Free, Free Market Economy: The Plausible Solution to the Economic Crisis. Part I
This tract makes a critical analysis of credit based, free market economy, Capitalism, and proves that its dysfunctions are the result of the existence of credit. It shows that income / wealth disparity, cause and consequence of credit, is the first order hidden variable, possibly the only one, of economic development.