Japan On Track For A Textbook Bust
December 31, 2014 By: Claudio Grass, Contributor from Global Gold Recently, we wrote a paper about the dynamics behind the boom and bust cycles, based on the view of the Austrian School (the Austrian Business Cycle Theory, or ABCT). The key takeaway was that central banks don’t help in smoothing the amplitude of the cycles, […]
2015 Prognosis
December 29, 2015 By: Kelly Diamond, Publisher What a year! This is my last installment for the year 2014. The next time you see my writing, it will be 2015. Without question, the United States has lost its economic luster, but so have parts of the EU and Asia. Yet, there are countries who have […]
What Do Such Low Gas Prices Mean?
December 22, 2014 By: Kelly Diamond, Publisher A couple of weeks ago, I wrote about the Russian Hooker Index, which had to do with the increasing cost of living in Russia. Meanwhile, however, the US is enjoying some very low gas prices. I am NOT complaining about the prices one bit! (Just wanted to be […]
The Tale of Two Bailouts
December 15, 2014 By: Kelly Diamond, Publisher This is the story about two bailout countries in the EU: Spain and Ireland. Their respective bailouts were not structured the same, but they were very close in timing and amounts offered. I don’t want to call this an experiment because it has no real controls. However, we […]
The Russian Hooker Index
December 8, 2014 By: Kelly Diamond, Publisher Economists have tried to bridge the gap between what people are feeling and what is happening on a macroeconomic level. Often times, people living in one particular geography convince themselves that their economic experience is pervasive: that because their economy is booming then all economies are booming or […]
