China continues to funnel USD's into commodity investments
There was yet another news item out on June 8th concerning still more investing by China in the infrastructure of another commodity-producing nation. While there was nothing especially noteworthy about this one, particular investment, it does not only reinforce an obvious trend – but also counters yet another myth about China's investment policies.The media in the “old” economies of U.S.
Markets can fall of their own weight, even as they look for a reason to rally. This one was doing just that on Monday when Nobel Prize- winning Princeton University economist Paul Krugman predicted that the U.S. economy will probably emerge from recession by September. The market woke up from its lethargic trance and rallied sharply on the comments, recouping the morning’s losses.
U.S. Mortgage Applications Collapse, while Propaganda Soars
Not all the efforts of the U.S. propaganda-machine are directed at generating false-hope in the U.S. economy and warping economic statistics beyond recognition. A large component of this campaign is to undermine confidence in other economies – in order to try to make investing in U.S. assets appear to be the least-worst alternative.Of course, there is no need for the U.S.
Inflation the key for U.S. to 'manufacture' positive GDP
The comedy duo of Bernanke & Geithner are still promising an “economic recovery” for the U.S. in the second half of this year, and their faithful, media talking-heads continue to parrot this nonsense.Don't get me wrong here. I'm not suggesting that we couldn't see a positive, GDP reading for the U.S. in the 3rd quarter.