Written by Stephen Johnston – Agcaptica Partners LP Monday, 10 January 2011 07:08 If it is possible for two short phrases to encapsulate the problems we face in the west please give some consideration to these as contenders: “In some ways it’s a battle of the politicians against the markets. That’s how I do see [...]
Continue Reading →The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics.” “More broadly, the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have [...]
Continue Reading →http://www.citytv.com/toronto/citynews/life/money/article/143633–toronto-s-economy-no-1-in-canada-cibc
Continue Reading →Here’s an article I wrote about a year ago. With the looming debt crisis in the U.S., I felt it appropriate to re-post. Stop! Havenstein! – Hyper Inflation could be around the corner In the 1930’s, the US dollar money supply (measured by M3) dropped by about 30%. This was the steepest deflationary drop in [...]
Continue Reading →It’s been all over the headlines for the last several weeks that the U.S. Government are set to run out of money on August 2nd if they don’t raise the debt ceiling. We’re seeing a chess game being played out by politicians who can’t seem to agree on a solution as the deadline looms. But [...]
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