Dec 102013
 
 December 10, 2013  Posted by at 11:20 pm Finance 10 Responses »
Teaser Podcast Prelude To Upcoming TAE Holiday Presentation
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The Automatic Earth is on the verge of introducing a whole new well over 4 hour video presentation shortly, entitled Facing the Future, which features Nicole Foss with our dear friend and “localizer” Laurence Boomert, and contains all new material only (no, we definitely do not sit still). Facing the Future is more densely jam-packed with information than anything we’ve presented yet (watching it once won’t do), so we’re very and rightly proud of it. It looks in depth at

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Dec 092013
 
 December 9, 2013  Posted by at 3:21 pm Finance 12 Responses »
All The Plans We Make For Our Futures Are Delusions
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What worries me most about the world today, in the last weeks before Christmas and New Year’s Day 2014, is that all the plans we make for our futures and more importantly our children’s futures are DOA. This is because nobody has a clue what the future will bring, and that’s more than just some general statement. Is the future going to be like the past or present? We really don’t know. But we do exclusively plan for such a

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Dec 062013
 
 December 6, 2013  Posted by at 9:27 am Finance 11 Responses »
Everything Is Fine In A Parallel Universe
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Last week, I was reading parts of a report issued by Japanese investment bank Nomura, which started out saying that the “Global Financial Crisis” is over. If I lay out a statement like that side by side with a lot of other things I see, I can only conclude that Nomura doesn’t reside in the same universe I do. Well, it’s either that or they have the idea that a financial crisis is something that exclusively plays down in, and

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Dec 022013
 
 December 2, 2013  Posted by at 11:24 am Finance 14 Responses »
How To Stop Jeff Bezos From Filling Our Skies With Drones
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OK, this is enough, I’m getting seriously pissed off now. Time to introduce an idea I’ve been thinking about for a while. That is, let’s combine modern technologies. First: Buy lots of 3-D printers. They’ll be real cheap soon. And why not order them from Amazon, just for the perverted irony of it. Second: Use these printers to produce an endless supply of drones. Third: Send those drones out there to spy on (or just annoy) our governments, military, police

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Nov 282013
 
 November 28, 2013  Posted by at 2:08 pm Finance 26 Responses »
Nicole Foss : Where the Rubber Meets the Road in America
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There has been a lot of attention focused on shenanigans at the federal level in the USA this year, with games of brinkmanship and political theatre over the fiscal cliff, the debt ceiling and the government shutdown. Cheap political points were scored in a series of unedifying spectacles, but there was no serious risk of default, despite the dramatic rhetoric. It is not at the federal level that the rubber meets the road in the US, but at the state

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Nov 252013
 
 November 25, 2013  Posted by at 1:30 pm Finance 8 Responses »
Who's Really King Of The World Today
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Well, if you thought you’d seen all the madness and absurdity that could possibly come out of the financial system by now, you are definitely being caught on the wrong flat foot as we speak. And there can be no doubt that much more of this will be revealed as we go along. Jamie Dimon renting Buckingham Palace to celebrate his $13 billion settlement with US regulators is just the beginning, though it’s a pretty clear statement of just how

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Nov 222013
 
 November 22, 2013  Posted by at 3:54 pm Finance 14 Responses »
How To Fine A Fine Blogger And Shoot Yourself In The Foot
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Yes that’s right, The Automatic Earth has a new home (again)! It’s been a huge effort with the scarce means we must manage with, but it’s finally here. We hope you feel welcome here, and that we can now pick up where we left off, and start growing again on our way to what we think we should be: the biggest possible picture provider. Our good friend Mike ‘Mish’ Shedlock was apparently fined €8000 by the Authorité Français de Marchés

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Nov 192013
 
 November 19, 2013  Posted by at 10:20 am Finance 6 Responses »
QE, The People And The Damage Done
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A report issued by McKinsey Global Institute last week in my opinion warrants more scrutiny than I’ve seen it get so far. It addresses the effect of (ultra-) low interest rates on different segments of economies over the past five years, and it leads to a number of interesting questions. But let me take a step back first. What many at this point may not remember or fully grasp anymore is that quantitative easing (QE) is an unconventional policy used

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Nov 142013
 
 November 14, 2013  Posted by at 9:52 am Finance 25 Responses »
Deflation, A Stock Market Crash And Then Christmas
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Don’t get me wrong, I’m not saying things will happen in this order and timeframe. Just that they’re going to if central banks and treasury departments don’t up the ante. But they will. The question becomes more important now whether it’ll be enough to continue keeping their – presumed – demons at bay. They can’t go on forever. You can inflate asset price bubbles only so much. And then people will lose faith. So the order and timeframe is definitely

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Nov 132013
 
 November 13, 2013  Posted by at 10:18 am Finance 17 Responses »
Nicole Foss Podcasts : Jim Puplava And Beyond
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I have a series of podcasts for you today that Nicole did over the past few months, during her present US lecture tour. There’s a podcast from Jim Puplava’s Financial Sense Newshour, where she’s become a very regular and very appreciated guest over the years. Then there’s also two from a site called Doomstead Diner, as well as one from C-Realm, which also features our dear friend and card carrying kiwi Laurence Boomert, who’s accompanying Nicole on the ongoing US

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