David Haas, Consultant Rotating Header Image

Posts under ‘Bubble Economy’

Why The Inflationists PROBABLY Have It Wrong, For Now

Unless the political class wrests control of the ability to dictate monetary policy (money creation) from the banking class, controlled deflation will most likely be the policy pursued to correct the excesses of the (Greenspan) housing bubble and the other bubbles the led up to it.

An Interesting China Analysis By Jim Chanos (and a little more by me…)

Here’s a recent interview with Jim Chanos on the critical state of the Chinese economic picture. Chanos typically makes his money short-selling overpriced markets and he’s “all over” China like stink on a pig; has been for well over a year. Chanos believes 2011 will be his big year to begin cashing in on his […]

Economics Professor Dr. Ravi Batra Accurately Explains The Historic “Social” Origins Leading Up To Today’s Economic Crisis

Here’s a link to an excellent interview of Dr. Ravi Batra by Matt Renner of www.truthout.org. Dr. Batra has been a keen observer of the American economic evolution during the decades that lead to our current situation. He has written a number of interesting books over the years but this interview is a terrific summary […]

The True Origins Of The Global Credit Crisis Explained

The financial talking-heads and, therefore, the general public tend to believe that “sub-prime mortgages” are almost entirely to blame for the global financial crisis. To me, this is ridiculous on its face and is more of a cruel joke – bordering on class-sanctioned bigotry – than anything even remotely related to fact. Depending upon how […]

The Great American Pump And Dump

Here is a useful definition straight from the Financial Industry Regulatory Authority (FINRA) web page which describes several different types of scams investors need to be wary of. This scam, the “pump and dump”, has been around forever and anyone who’s ever been involved in investing has heard about it. What people may not have […]

Commercial Real Estate Closing Shop?

As most of us who carefully follow the macro-economic picture know quite well – there is a certain logical “order” to things and that order has been accurately anticipated by some of us for a very long time. One of the things that’s been looming dark-and-large on the economic horizon is the impending and apparently […]

A Suggested Read: Plunder And Blunder by Dean Baker

I just spotted an interesting article written about a new book entitled “Plunder and Blunder: The Rise and Fall of the Bubble Economy” by Dean Baker, the co-director of the Center for Economic and Policy Research. First, read this excellent (and short) article: Plunder and Blunder; How the ‘Financial Experts’ Keep Screwing You Those of […]

Credit Tsunami Wave II: 2009 – 2012 (and beyond?)

Surf’s up! But this is one wave you may want to sit out “high-and-dry”, far up on the hillside. Watch CBS Videos Online Important Notice To Viewers: Beware the obligatory mainstream media “market cheerleading” toward the end of this video. Otherwise, it’s just confirming what we in the blogosphere have been talking about for 18 […]

I.O.U.S.A. Movie: Watch This Free 30 Minute Trailer

I had been waiting for the I.O.U.S.A. documentary to show up here in the Raleigh-area movie theaters ever since it came out and it has finally arrived. However, while I was waiting, I spotted this 30-minute trailer that makes the movie – and many of its important points – accessible to everyone, regardless of area. […]

Nearing Impact: A U.S. Debt Crash Course

Over the past decade or so, I have occasionally seen an article – or sometimes a chart – referencing the dollar amount of marginal or “extra” U.S. Gross Domestic Product (GDP) that is generated by adding each new dollar of government debt. In other words, with their unique brand of wisdom, the federal government tries […]