Employment Is Hot. When Will the Fed Abandon Its Zero Bound Interest Rate Policy?


Written by Steven Hansen

Much of what I write about is food for thought. I take opposing positions on subjects when I agree generally on what was said - as want readers to understand there are exceptions or buts or legitimate concerns of those who have different views. Very few things are black or white.


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What We Read Today 27 February 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Fact Check: Are British Workers Less Productive than Germans and French?

by John Van Reenen, The Conversation

It takes on average a British worker to Friday to do what equivalent workers in Germany and France will complete by the end of Thursday afternoon.
- Chuka Umunna, Labour"s shadow business secretary


Infographic Of The Day: Going To A Paperless Office

When they were told that the average office worker uses 833 pieces of paper each month (that’s 10,000 sheets of paper each year)! In terms of trees, every office worker goes through 7.45ft of tree every year!

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Video of the Day:

We decided to celebrate how childlike fun and freedom encourages and promotes pure creativity by turning part of our studio into a ball pit. It is now open to the public and we will try our best to fit you in if we can. We would kindly ask visitors to make a donation to our partner charity right to play.

video of day picture

 more investing, markets, precious metals & forex

The Big Bang (as in Bust) Theory of Markets

 more opinion

The Banking Protection Racket

Remember When Carmen Segarra Exposed the NY Fed"s Refusal to Stop Goldman Sachs and Banco Santander"s Scam to Inflate Santander"s Capital? How"d that Work Out?

by William K. Black, New Economic Perspectives

On September 30, 2014 I wrote an article to explain the true significance (and horrific analysis by the NY Fed and much of the media) of Carmen Segarra"s key disclosure. My title was "A "Perfectly Legal" Scam is Perfectly Unacceptable to Real Bank Supervisors." Segarra was the NY Fed examiner who was fired for her criticisms of Goldman Sachs.

Click for larger image at Twitter.


 USA economy at a glance (boxed items are updates in last 7 days)

Second Estimate 4Q2014 GDP Revised Down to 2.2%

Written by Doug Short and Steven Hansen

The second estimate of fourth quarter 2014 Real Gross Domestic Product (GDP) is now a positive 2.2%. This data point was +2.6% in the advance GDP estimate. The downward revision to the percent change in real GDP primarily reflected downward revision to private inventory investment.

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