Credit Managers’ Index (CMI) Dipping
March’s economic report from the National Association of Credit Management dropped to the lowest it’s been this year. The combined index fell from 53.2 in February to 51.2 this month.
Business Cycles
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Bubble Unto Others
There’s more to the global adventures of the greenback than meets The Economist’s eye.
“In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building”
"In other words, you cannot accurately forecast a recession or financial panic by looking at either the announcement or the completion of the world’s tallest building"
So The Economist apparently does not think too "highly" of my skyscraper theory
Joseph Salerno Interviewed on Gold Standard, Fiat Money
Joseph Salerno Interviewed on Gold Standard, Fiat Money...
Mises Daily Wednesday: Sub-Zero Interest Rates as an Endless Daylight Saving Time
Mises Daily Wednesday by Brendan Brown
Milton Friedman once compared monetary stimulus to daylight saving time. But while daylight saving has an ending date, current monetary stimulus has no end in sight, and we’re just moving the clock ahead repeatedly without ever moving it back.
Skyscrapers & Cyber Security with Dr. Mark Thornton
I am interviewed on Power Trading Radio about the Skyscraper Curse and Cyber Security Issues—Biggest Bank Heist in History!
Where is the Skyscraper Curse Today?
The world is teeming with skyscraper building from China to London, and a new record-setting skyscraper is planned for 2016 in Saudi Arabia. Will this skyscraper herald the next global economic crisis as Dubai's Burj Khalifa presaged the 2009 crisis?
The Myth of the Depression of 1873: More Evidence of a Bright Future for Austrian Economics
More evidence the future of Austrian economics is in good hands is Patrick Newman’s excellent piece of scholarship recently published in the QJAE as "The Depression of 1873: An Austrian Perspective."
