Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-56837 Fri, 29 May 2015 20:34:46 GMT U.S. economy contracts in first quarter; dollar hurts corporate profits iehi-feed-56835 Fri, 29 May 2015 19:04:31 GMT Don't hold your breath for Millennials to purchase homes: 6 years into a recovery and Millennials are still moving into parental homes at record levels iehi-feed-56833 Fri, 29 May 2015 13:49:34 GMT Julian Assange on the Trans-Pacific Partnership: Secretive Deal Isn't About Trade, But Corporate Control iehi-feed-56813 Tue, 26 May 2015 22:42:58 GMT Stocks tumble as Dow falls nearly 200 points, Rate Hike Fears Return Four Fed banks renewed call for discount rate hike -minutes.]]> iehi-feed-56811 Tue, 26 May 2015 20:09:59 GMT Bank of Greence "Printing its Own Euros" -- Source iehi-feed-56808 Tue, 26 May 2015 15:54:58 GMT Bond Traders Uncover Secret to Rates That Fed Doesn't Get iehi-feed-56804 Mon, 25 May 2015 18:15:33 GMT "War is just a Racket" - Maj. Gen. Smedley Butler iehi-feed-56803 Mon, 25 May 2015 15:17:07 GMT Stockman on Central Bank "Coup D'Etat" iehi-feed-56801 Mon, 25 May 2015 14:59:45 GMT Where Is This Housing Rebound? | Alhambra Investment Partners iehi-feed-56798 Mon, 25 May 2015 03:07:15 GMT America's disappointing economic recovery iehi-feed-56791 Sun, 24 May 2015 14:05:54 GMT Doug Noland - Paying for the Past: Insight from Lindsey, Fisher and Greenspan iehi-feed-56786 Sat, 23 May 2015 23:23:22 GMT How 'Mathiness' Made Me Jaded About Economics iehi-feed-56785 Sat, 23 May 2015 18:31:52 GMT Matt Taibbi: World's Largest Banks Admit to Massive Global Financial Crimes, But Escape Jail (Again) iehi-feed-56782 Sat, 23 May 2015 15:00:30 GMT Yanis Varoufakis Is More Than His Clothes; Greece Submerges; Fights to Save Pensions, and more German, Russian and Chinese companies race to buy up Greek infrastructure, Greece Submerges as Crisis Fallout Worse Than Emerging Markets, and Fight to save the Greek pension takes centre stage in Brussels and Athens.]]> iehi-feed-56777 Fri, 22 May 2015 19:42:15 GMT You should probably take a look at what's happened to earnings... iehi-feed-56769 Fri, 22 May 2015 13:54:43 GMT Ray Dalio Slams Buffett For Being "Wrong On Gold", Says "Social Disruption" Is Inevitable iehi-feed-56768 Fri, 22 May 2015 13:53:50 GMT Stocks Slump After Liesman Reports GDP To Be "Double Seasonally-Adjusted" Upward iehi-feed-56762 Thu, 21 May 2015 15:19:27 GMT Has the Fed got a grasp on economic reality? Economists who don't understand where the vast majority of 'money' comes from (Paul Krugman has admitted that he can't recognize this ) are like heart surgeons who have only ever attended dental school.

They didn't spot the onset of the GFC because they didn't even know where to look for warning signs: The role of private debt in creating booms and busts is still ignored while an expanded money supply is being asked to do the heavy lifting of stimulating economic activity (for which it is totally unequal to the task) while the risk of creating asset bubbles goes largely ignored (once again)...

iehi-feed-56761 Thu, 21 May 2015 14:17:55 GMT Global "Missing Inflation Mystery" Risks Making Central Bankers Bystanders ... central banks have repeatedly overestimated inflation since the middle of 2011, according to Marvin Barth, head of European foreign-exchange strategy at Barclays Plc in London. To him, a mounting concern is that about a third of the decade-long decline in worldwide inflation is potentially inexplicable.

If he's right then what he calls "global missingflation" threatens the ability of Yellen and company to push up prices and raises questions over whether they will ever be able to declare mission accomplished and truly end their use of easy stimulus.


[In Barth's research, ] once he allowed for traditional drivers of prices such as demand or productivity, he found 35 percent of the slide in global inflation hard to pin down. Among the possible reasons could be deleveraging, technological progress, globalization, aging populations or China's deflationary impulse.

... the inflation puzzle is a reason for central banks to worry about the power of policy and may leave them reliant on factors over which they have less control such as commodities, currencies or wages to propel prices. Worse still is the risk that financial markets and the public lose faith in policy makers to control inflation. The inflation expectations of both over the next five years may start to suggest such doubts.

Of course this will continue to be a "mystery" as long as central bankers refuse to factor in asset inflation and other day-to-day expenses in the real world, such as financing costs.

iehi-feed-56757 Thu, 21 May 2015 14:00:51 GMT "Clinton Cash" - About What You'd Expect From a Clinton "Charity"