January 7th, 2015
in Op Ed
Written by Frank Li
Are you ready for the 2016 Presidential election? Probably not! Most likely you are tired of the endless elections that result in little change, despite strident campaign slogans and promises by the candidates, or worse, big and negative changes only (Civil Rights Act: 50 Years Later)!
January 6th, 2015
in Op Ed
by Surly1, Doomstead Diner
Originally published on the Doomstead Diner on January 4, 2014
Discuss this article here in the Diner Forum.
I have always thought that in revolutions... madmen, not those so called by courtesy, but genuine madmen, have played a very considerable political part. One thing is certain, that a condition of semi-madness is not unbecoming at such times, and often even leads to success. - Alexis de Tocqueville (1805 - 1859)
by Rick Ackerman, Rick's Picks
I don't often feature technical analysis as the topic of the week. In this case, however, the Dollar Index is at a crucial threshold that deserves a drum-roll and our close attention. Notice the two tightly spaced purple lines near the top of the chart. These are 'Hidden Pivot' rally targets of medium importance, albeit of slightly different degree, and if they were to be easily exceeded it would suggest that the steep 15% run-up since May could be just a warm-up.
by William K. Black, New Economic Perspectives
As I have explained in prior articles, there is an excellent chance that the Troika's infliction of austerity on the eurozone's periphery could, as with the austerity inflicted under the Washington Consensus continue to produce such long-term rolling recessions that it creates a political dynamic that discredits such economic malpractice and brings to power leaders elected on the promise that they will adopt economically literate policies.