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China local government debt surges 

China has a total government debt of about 58% of its economic output. Persistent fears over the level of non-performing bad debt have affected perceptions of the world’s second-largest economy, as some worry whether the loans can be paid … — Tue, 31 Dec 2013 01:00:00 -0800
Quantitative easing has been adopted by a number of central banks in the wake of the global financial crisis. John Doukas takes an in-depth look at the effects of quantitative easing, arguing that it not only fails to increase real economic activity … — Tue, 31 Dec 2013 00:30:11 -0800
Perceptions of China, which contributed most to the global economy’s rebound from the 2008 financial crisis, influence investment decisions around the world. Laurence D. Fink, the chief executive officer at BlackRock Inc., the largest money … — Tue, 31 Dec 2013 00:09:00 -0800
… headed by China, India, Brazil, Russia, Mexico, Indonesia and South Africa. We cover politics and economics, finance and business – everything that makes markets move. … We continue to recommend that investors underweight emerging equities in a global portfolio, despite the MSCI EM having under-performed the S&P by almost 30 per cent in 2013 and by more than 50 per cent over the past three years. We are no longer especially optimistic about US equities going into 2014, … — Mon, 30 Dec 2013 23:57:22 -0800


The Ongoing EU Public Debt Crisis: Impacts On And Lessons.
First, the problem arises from inefficiencies of an economic model based heavily on banking and financial services11 as well as shortfalls in the EU and Eurozone’s management system. Every time an economic recession occurs or an election … Third, the global financial crisis in 2008 was greeted with old policies – borrowing to sponsor credit funds, firms and unemployment support, while government bonds had come to maturity. This caused an overload as several decades’ worth of … — Mon, 30 Dec 2013 21:43:00 -0800

Posted on 30 December 2013 Categories: Banking & Finance, Bond Markets, GCC Economics, GCC Real Estate, GCC Stock Markets, Global Economics, Gold & Silver, Investment Gurus, Islamic Finance, Media & Culture, Oil & Gas, Private … — Sun, 29 Dec 2013 23:56:41 -0800
On January 1, Greece assumes the rotating presidency of the European Union in a state close to suffocation, not only via austerity adjustments since 2010, but also literally, by a toxic cloud fueled by wood fires that replace conventional heating.
perinflation topics, especially currencies, gold, silver, crude, oil, energy and precious … — Sun, 29 Dec 2013 23:35:00 -0800
“But there are plenty of optimists who believe further gains can be made by picking the most promising regions as economic recovery takes hold,” says Adrian Lowcock from financial adviser Hargreaves Lansdown. Here are some expert tips.The UKMost … To spread your bets among different emerging market economies you could opt for a fund such as Schroder Global Emerging Markets or JP Morgan Emerging Markets, says Connolly.JapanIts market stormed ahead in 2013 and … — Sun, 29 Dec 2013 23:01:06 -0800
Acknowledging public anxiety over the issue, Premier Li Keqiang said in March that China should not sacrifice the environment to pursue economic growth, giving a boost to “green” companies. U.S. environmental … Vishnu Amble, Amsterdam-based principal at private equity firm Global Cleantech Capital, said the positive trends had drawn fund managers back to China’s clean-tech market, focusing on energy efficiency, lighting, waste treatment and water. “People have been … — Sun, 29 Dec 2013 23:00:26 -0800
Malaysia ranks fourth in the list of the top 25 countries with the highest measured cumulative illicit financial outflows between 2002 and 2011, according to Global Financial Integrity. Where is all that money being parked? illicit outflows 2002- … — Sun, 29 Dec 2013 22:25:31 -0800
It’s only a game, and there’s worse things going on out in the big wide world huh? Remember it’s still holiday season and many European traders are away until 2nd Jan so do not be surprised if we get more erratic movements today. — Sun, 29 Dec 2013 22:09:15 -0800

EXAMINER: 2014 WILL BE THE YEAR OF THE GLOBAL CURRENCY RESET & GOLD BACKED TRADE NOTE December 28, 2013. On Dec. 26, financial analyst and statistician Dr. Jim Willie provided a look at major economic events that will … — Sun, 29 Dec 2013 04:11:00 -0800
France’s Superior Council of Audiovisual, an independent broadcasting authority, wants to impose taxes on media giants like YouTube, Facebook and Dailymotion to force them to contribute to financing French culture. The sites fall into the … — Sat, 28 Dec 2013 23:47:00 -0800
A global retirement crisis is bearing down on workers of all ages. Spawned years before the Great Recession and the 2008 financial meltdown, the crisis was significantly worsened by those twin traumas. It will play out for decades, and its … — Sat, 28 Dec 2013 23:16:03 -0800
Japanese Finance Minister Aso Can’t rule out possibility an extra budget will be needed again next year 29 December 2013. … bank supervision, Bankia, banking, banking crisis, banking failures, banking panel, banking sector, banking supervision, banking tax, banking union, banking union. constancio, Bankingunion, banknote, banknote rule, bankruptcy, banks, banks closed, banks. global finance, bar …. Central Banks, Central Europe, Centre for Planning and Economic Researc… — Sat, 28 Dec 2013 22:14:40 -0800


Fearless commentary on finance, economics, politics, and power. Follow yvessmith on … American Slave on Essays in Monetary Theory and Policy: On the Nature of Money (Continued)What a mess of a world money is… Order Econned! — Sat, 28 Dec 2013 21:28:27 -0800


Arguably, the most important distinguishing criterion for the way the economy functions involves an explanation of what money is, what it is used for, and what the origins are. Each school has its own viewpoint on what money is, and therefore must … Palmstruck’s partner (the king of Sweden) took to the currency almost immediately and convinced Palmstruck to print more of the notes to help the King finance the war. The realization was that since bills were redeemable on demand for … — Fri, 27 Dec 2013 22:27:43 -0800
Armstrong Economics. Forecasting the World. Search … The European idea of taxing financial transactions is nothing new. The EU aims to tax financial institutions a minimum of 0.1% on purchases of shares, bonds and other securities, and a minimum of 0.01% on the notional amount of derivatives traded either on- or off-exchange. Historical evidence indicates that this will discourage foreign investment while increasing volatility and reducing liquidity. Our research has actually been … — Fri, 27 Dec 2013 21:13:29 -0800
As the global economy appears to be slowing once again, reader interest in my 2010 book, ‘Epic Recession: Prelude to Global Depression’, has been growing. One of the most comprehensive and accurate interviews of the book was recently … — Fri, 27 Dec 2013 19:59:47 -0800
Still today, American funds are the most important driver of financial markets. Therefore … We judge that the Fed will continue to support the U.S. and global economy as long as inflation is low, no matter how low the unemployment rate sinks. — Fri, 27 Dec 2013 17:50:16 -0800
Only state intervention on a massive scale prevented a global financial crash from turning into 1930s redux, and in the prolonged recession that has followed only colossal state support has kept the UK economy from sinking into the depths of … — Sat, 28 Dec 2013 00:41:57 -0800


… banking failures, banking panel, banking sector, banking supervision, banking tax, banking union, banking union. constancio, Bankingunion, banknote, banknote rule, bankruptcy, banks, banks closed, banks. global finance, bar, Barcelona … — Thu, 26 Dec 2013 22:52:13 -0800
… of these nations are highly diverse, these countries, like England, have all made strong policy and fiscal commitments to WP, which reflect a broader commitment to equality and diversity agendas, social mobility and global economic prosperity. … They often involve reforms to secondary education to improve educational achievement, and funding to support outreach work, the development of alternative entry pathways, curriculum development, and financial aid and other forms of … — Fri, 27 Dec 2013 00:00:46 -0800
If you are looking for Armageddon predictions or conspiracy theories, you will be thoroughly disappointed. Topics include financial markets, banking, asset management, risk management, derivatives, global economy, policy, and regulation, … — Thu, 26 Dec 2013 23:49:23 -0800
The firm’s top researchers believe the “global real estate disconnect” between buoyant investment markets and more cautious leasing markets that existed during 2013, is narrowing in the United States as the nation’s recovery broadly … the dynamics of today’s investment and leasing markets around the world in this short video, “Investors feel more comfortable with the economic outlook, and they’ve shown a greater appetite for risk that has led to a 21 percent global increase in year … — Thu, 26 Dec 2013 21:25:00 -0800
The Indian economy like other EMEs was affected both by the global financial crisis post-Lehman and the announcement of likely exit by the US Fed in May 2013. We also resorted to both conventional and unconventional policies not only in … — Thu, 26 Dec 2013 21:07:18 -0800
In the period of transition to a new energy economy, the government sector and budget will play an enlarged and leading role in financing and regulating the transition. Targeting net degrowth over a period of years, perhaps a decade, might or … — Thu, 26 Dec 2013 20:55:50 -0800

European Monetary Union or German Economic Union

The irony and hypocrisy in chancellor Angela Merkel’s first parliamentary speech of her third term would be astounding were it not par for the “Everything for Germany” course of action. — Thu, 26 Dec 2013 23:23:00 -0800



Heading into 2014, Michael Pettis at China Financial Markets remains adamant that growth estimates for China are too high and that rebalancing (while necessary), implies lower growth than most expect. Via email … It is widely acknowledged … — Thu, 26 Dec 2013 00:14:00 -0800



A sad statistic is that aid to the 40 poorest countries fell by 7.9% in 2012 and the Doha round of global trade talks, where the hope is trade liberalisation will help the most disadvantaged economies, remains stalled. From a technologist’s point … — Wed, 25 Dec 2013 02:58:34 -0800
… Steven A. Tananbaum Senior Fellow for International Economics Ernesto Talvi, Nonresident Senior Fellow and Director, Brookings Global-CERES Economic and Social Policy in Latin America Initiative Yukon Huang, Senior Associate, Asia Program, … A seasoned international merchant banking professional with over twenty years of C-level experience providing cross-border strategic advisory services in the areas of export finance, international project finance, risk mitigation and … — Wed, 25 Dec 2013 01:53:28 -0800
And these same investors would contend that this perceived under-performance is hardly fair given the fact that the US gave the world the global financial crisis while the Australian economy avoided recession when most of the world didn’t. — Tue, 24 Dec 2013 21:51:08 -0800
The Financial Deception Here are the top ten transnational companies that hold the most control over the global economy (and if you are one of the millions that are convinced Big Banks run the world, you should get a creeping sense of … — Tue, 24 Dec 2013 21:11:00 -0800


ihose looking economically illiterate proposals can have a field day reading Ezra Klein’s “Wonkblog” on the Washington Post. — Tue, 24 Dec 2013 01:09:00 -0800
But the new Abbott government has put pro-private sector ideology at the centre of its objectives for the G20, which could derail the global economic recovery everyone claims to want. And there’s a blunt contradiction between the praise for market freedom in most of the agenda and the commitment to restrain the financial sector and clamp down on corporate tax dodging which post-GFC G20s have yet to complete. Throughout the sections on growth and jobs, Tony Abbott’s strategy … — Tue, 24 Dec 2013 00:15:23 -0800
According to the World Bank, ”the onset of the global finanical crisis in late 2008 is having an ongoing negative impact on the economy of Bosnia-Herzegovina (B&H) and the country is now in the midst of a double dip recession. Inflation returned to the country in … Exacerbating the situation is the fact that the leading global financial model─American-style capitalism─ tends to define progress in terms of short-term gains rather than long-term sustainability. The Financial Times Lexicon … — Tue, 24 Dec 2013 00:00:25 -0800

Global economy and development division director at Brookings and former economy minister for Turkey, Kemal Dervi … He left Law for Finance, working as a trader, researcher and strategist before graduating to asset management — Sun, 22 Dec 2013 22:30:56 -0800
Professional modern economics appear to suffer from schizophrenia as in the field of financial-market economics all these deviations from the Utopian ideal market are well known (information asymmetries etc.) …. Boston University) Jo Marie Griesgraber (USA, New Rules for Global Finance Coalition) Bernard Guerrien (France, Université Paris 1 Panthéon-Sorbonne) Michael Hudson (USA, University of Missouri at Kansas City) Frederic S. Lee (USA, University of Missouri at Kansas … — Sun, 22 Dec 2013 21:35:49 -0800
On Friday, December 20th, Democratic U.S. Senator Elizabeth Warren finally separated herself clearly from former U.S. Secretary of State Hillary Clinton, regarding the issue of climate change and global warming. …. Thus, Senator Warren has now joined with the progressives on two big issues that arouse intense opposition to her from the aristocrats who finance most political campaigns: She opposes the taxpayer-handouts to Wall Street, and she now also opposes the entire planet’s … — Sun, 22 Dec 2013 21:12:52 -0800
The dollar rose against the yen for an eighth week, the longest streak since February, after Federal Reserve officials voted to reduce monetary stimulus amid signs that economic growth is gaining momentum. … “The mechanics of the dollar story are changing — the normalization of the U.S. growth story is getting attractive for global investors,” Sebastien Galy, a New York-based senior foreign-exchange strategist at Societe Generale SA, said on Bloomberg Radio’s “Bloomberg – The … — Sun, 22 Dec 2013 20:42:50 -0800
… Guyana’s performance to determine what it has done right and what is responsible for this consistent growth in its economy over the past eight years, more so considering that this growth is taking place in the context of a global recession. … The continued excellent performance in economic growth may explain also why the Donald Ramotar administration has been circumspect about changing economic course and even about having an economist to head the Ministry of Finance. — Sun, 22 Dec 2013 20:12:00 -0800
Researching economic publications on the first century of the Federal Reserve System provides a wealth of financial information that attempts to explain the way the central bank works. Rarely will the academic studies and official reports address the raw … “The FED’s grip on the global moneychangers’ racket is based upon maintaining the U.S. Federal Reserve funny money, as the reserve currency for the planet. The value and worth of Treasury Bills and Bonds are on the path to … — Sun, 22 Dec 2013 20:11:28 -0800
It’s no secret that online shopping is soaring. From a customer standpoint, what’s not to like about the shop-at-home, no gasoline, no sales tax, low-price-guarantee, and lenient return policy model of online retailers?
For those who know what they want, as well as those willing to wait a couple days to get it once they find it, the answer is nothing. — Sun, 22 Dec 2013 19:49:00 -0800

Inequality therefore may have contributed, along with demographics and slowing innovation, to the slow drifting of the global economy towards secular stagnation. But how could inequality, and the resulting compression of … Starting from the mid-1990s in the US private borrowing surged, thanks to a weakly regulated financial system, and to the belief that some sectors (financial, real estate) would grow indefinitely. Consequently, consumption and investment remained high, even if … — Sun, 22 Dec 2013 03:38:51 -0800
Birds, Boats, and Bonds in Venice: The First AAA Government Issue Dr. Bryan Taylor, Ph.D., Chief Economist, Global Financial Data When most people think of. — Sun, 22 Dec 2013 03:00:32 -0800
There is considerable uncertainty about the level of existing slack in the economy and the extent to which the global financial crisis damaged the economy’s underlying supply potential. But our assessment is that plenty of slack remains, which … — Sun, 22 Dec 2013 01:20:00 -0800
India’s Jawaharlal Nehru National Solar Mission, launched in 2010, is poised to make India a global leader in the development of solar power. Aiming to install 20 … ”With more than 300 million people without access to energy and industry citing energy shortage as key growth barrier in India, solar power has the potential to help the country address the shortage of power for economic growth.” solar power … Increase access to funds from commercial banks and attract private financing. — Sun, 22 Dec 2013 01:00:00 -0800
Dollar Hegemony and “Monetary Geopolitics”: The Symbiosis between Global Finance and Power Politics …. Thus, thanks to of its wealth, “America has been able to irresistibly influence all the other players on the geopolitical chessboard because it has led the global economy, and historically it could therefore greatly reward or severely punish in ways and to an extent no one else could” (Stroupe, 2006), attaining both political and diplomatic power, as well as formidable power … — Sat, 21 Dec 2013 23:06:00 -0800
Granted resistance is resistance until broken but if Janet and the Fed can help investors break these resistance, it would become a “Global Breakout” which would be very bullish for the markets. … correlated, over time, with the amount of freight hauled by the nation’s trucks (in other words, the physical size of the economy has a lot to do with the real, inflation-adjusted value of the economy) and the latest numbers (see chart) strongly suggest that we are not in a stock market bubble. — Sat, 21 Dec 2013 22:06:14 -0800