Either Reverse All The Perverse Incentives Or The System Will Implode
Submitted by Charles Hugh-Smith of OfTwoMinds blog,
Every perverse incentive is the cash cow for a vested interest or cartel.
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US Federal Reserve
Are Central Banks Running the Oil Market or Just the World?
by David Haggith
Every Time This Has Happened, A Recession Followed
Three months ago the Fed released its Fourth Quarter "Senior Loan Officer Opinion Survey on Bank Lending Practices", which revealed something ominous. It showed that in Q4, lending standards tightened for the second consecutive quarter. This was a problem because as Deutsche Bank pointed out at the time two consecutive quarters of tightening Commercial & Industrial loan standards "has never happened before without it signalling an eventual move into recession and a notable default cycle.
"If..."
Authored by David Hay, via EvergreenGavekal.com,
"Low interest rates cause secular stagnation: they do not cure it.” -CHARLES GAVE
“Negative interest rates are the dumbest idea ever.” -JEFF GUNDLACH, the new “King of Bonds”
“Laugh but listen.” -WINSTON CHURCHILL, addressing the British House of Commons, warning it once again of the rising threat posed by Nazi Germany, to derisive laughter.
Was The Fed Just Given The Launch Codes?
Authored by Mark St.Cyr,
Let me be clear right from the outset: this is not an article about politics when it comes to whose guy or gal is currently seated or running. This is about the current state of affairs as it pertains to business; how they seem to be in motion; and, how it may affect one’s business, or, business in general. As for the “who’s in,” or “who’s out” – that’s for others to debate.