Sunday, August 21, 2011

Karl Marx was Right

"...you can not keep on shifting income from labor to capital without not having an excess capacity and a lack of aggregate demand. We thought that markets work. They are not working. What's individually rational ... is a self-destructive process."

Supply and Demand, Baby!

Markets become saturated, farmers profits decline and pull back from markets. A (true) free market at work!

Tuesday, August 9, 2011

Int'l Financial Mgt: Italy and Spain

Cut debt? Expand economic activity to increase revenues (generate taxes)?
Which way to go? Good description of how global finances work.

Thursday, August 4, 2011

Attempt to Weaken the Yen vs. the USD

Note the reasons - the continued decline of the US has investors 'demanding' Yen, raising its's value.

Buying Swiss Francs w. Relish

With the US and EU mired in debt and economic malaise, investors turn to Switzerland.

Wednesday, August 3, 2011

Triple-A

What is all the fuss about a Triple-A credit rating for the US government?