Featured Carousel Home Opinions UncensoredIt’s No Wonder People Don’t Understand the “Public” DebtAngry BearNovember 22, 2012April 15, 2020 by Angry BearNovember 22, 2012April 15, 202001989 The problem is that even in standard economists’ usage, “public” is used in two different ways: 1. “Public” debt: debt owed by the government. In...
Opinions UncensoredSky City: China to Build World’s Tallest Building, 220 Stories, in 90 DaysMish Global Economic Trend AnalysisNovember 20, 2012April 19, 2020 by Mish Global Economic Trend AnalysisNovember 20, 2012April 19, 202001736 Given China already has entirely empty cities, as well as the world's largest mall (and it's empty), one can only wonder what the occupation rate...
Opinions UncensoredIdiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in SalesMish Global Economic Trend AnalysisNovember 20, 2012April 19, 2020 by Mish Global Economic Trend AnalysisNovember 20, 2012April 19, 202002001 Idiocy is running rampant in Spain....e Association of Spanish Banks (AEB) thinks the solution to the debt crisis is to build more houses in spite...