Lots of press the last few days on the markets crashing, with the first stock market correction since 2011. I’ve been warning that this won’t end well, but that doesn’t mean I have the answer to what happens next–if I did I would be making the trades first thing tomorrow to profit from it myself. […]
Archives
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Boom Boom! Bust?! What’s next for world markets?
23 Aug 2015
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As we continue in the “new normal” of lower than trend growth in the Obama Era, last week saw 2.3% growth in the 2nd qtr after only a revised upward 0.6% in the 1st qtr, we must ask why. I have argued before that whether you are a progressive or a conservative, you ought to […]
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In one of the rare triumphs (likely fleeting–see below), the Republicans actually let the Import-Export Bank die a most well-deserved death by refusing to renew its charter which expired at the end of June. For those that don’t know, this government program is known as “Boeing’s bank,” since it subsidizes loans to foreigners who are […]
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That is the question raised in an op-ed over at the NYT (hat tip to The Gospel Coalition), covering the recent video sting of planned parenthood operatives calmly (while eating lunch!) discussing how they make sure to crush the unborn child in a manner that allows them to still harvest the vital organs to sell. […]
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Yepper…well worth a watch, from his presentation at the Family Research Council last week. As the world tells us to be quiet, Mr. Grudem calls pastors to speak towards issues that Christians should be a positive influence on. I think it strikes a nice balance. What do you think? Add your comments below.
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Why did he do it? The media say we may never know why Mohammad Youssuf Abdulazeez killed four marines
17 Jul 2015
And its true; we may never know. But this is not hard, and we can be reasonably confident what the motive was–at least what the most likely motive was. It’s the same motive that drives many people, on many different issues. This includes most young people that currently support same-sex marriage, as well as Christian […]
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As many conservative observers have noted, the same-sex marriage decision by the Supreme Court is not the end of the culture wars, but only the next step in an increase in the progressive push to transform our nation. This was always the lie believed by many in our culture, both Christian and non-Christian, the “can’t […]
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Financial markets are on edge with Greece this a.m., as Greece banks are closed and there will be a referendum to get public permission from Mr. Tsipras to break his electoral promise and impose austerity conditions to get more aid from the Europeans. As a Euro skeptic from the beginning, I wonder when the charade […]
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The Greek drama may finally be ending as soon as Monday, as end it must at some point. Greece will exit the Euro, and the question is what will happen? I don’t claim any special insight into what that will be, but there are a few points about this we should consider. First, Greece’s problem […]
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One of the joys of teaching economics is pointing out the foolishness of poor economic choices. It is precisely by showing the linkage between cause and effect and demonstrating unintended consequences that helps students understand “the economic way of thinking.” As a monetary economist, there is perhaps no better visual aid than passing around an […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach