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Category Archives: Perma-Bear

Black swans spotted on the flyover

I happened on an article about black swans, as Nassim Taleb had recently been speaking at a CFA (Chartered Financial Androids) function and a reporter for the Financial Times was in attendance, blogging, not reporting, because as we all know the two are very different. I wondered with all the talk of recession, and [...]

Bull and Bear

The masterful artwork of Walton Ford

foud at: cool hunting

Stagflation means fewer Vegas Stag Parties

Gas or gamble? Economy forces some to choose
The pressures of a weak economy — concerns about job security and rising prices for gas, food, home heating oil and other goods and services — are causing many gamblers to cancel or reduce the number of casino trips. Those who go are gambling less money than in [...]

Did Bernanke Save us from another Great Depression?

The Great Depression Debate
Bernanke and many other economists believe the Fed’s failure to bail out stricken banks between 1929 and 1932 was one of the main reasons the Depression lasted so long. In 1932, Herbert Hoover established the Reconstruction Finance Corp., which lent to banks, railroads, and other troubled businesses but failed to reverse the [...]

Perma-Bear: Downer of the Day