Tag Archives: economics

China Rate Drop Not a Good Sign for Stocks

I am reading headlines about China’s rate drop lifting stocks globally and I for one can’t imagine why. Loosening credit standards in China (while somewhat helpful) is an indication that all is not well in the quasi-communist/capitalist state. When a … Continue reading

Posted in Economy, Forex Market Daily | Tagged , , , | 3 Comments

Greek Referendum on Austerity a Good Thing

The recent bailout package arranged by the ECB and agreed to by the funding parties will be voted on by a Greek referendum. No word on when or how the ballot will take place, however from an outsider’s perspective with … Continue reading

Posted in Economy, Opinion, Politics | Tagged , , , , | 16 Comments

Modern Monetary Theory 2011

Got an education yesterday on modern monetary theory yesterday, and I have to say it is a lot to grasp. I was reading this MMT post over at Pragmatic Capitalism and I have to say it really gave me pause. … Continue reading

Posted in Economy, Politics | Tagged , , , , | 9 Comments