IsThisWhyJPYIsSurging? http://feedly.com/k/15Zed2R Thereis a knowntendencyforJPYtoappreciateinAugust. As Citi’s FX Technicals group notes, this tendency is particularly strong when the differential between Japanese and US policy rates is less than 2%, and given the current rate gap, JPY is highly likely to rise again this August. USD selling for JPY by Japanese exporters puts larger downward pressure on USD in August than usual, partly since trading is … Seguir leyendo Is This Why JPY Is Surging?

Guest Post: Is China Doomed? http://feedly.com/k/13PAS29 Submittedby Rajan MenonviaTheNationalInterest.org, Between 1978, theyearDengXiaoping’ssweepingeconomicreformswerelaunched, and 2011, China’sGDPincreasedbyanaverageof10 percentannually, three times thatofthe global economy. Nowthe boom times may be over. By mid-2013, economic growth had slowed to 7.7 percent. That’s still a roaring pace compared to the rest of the world. Europeans, Americans and even Japanese might say about China’s slippage, “We should all have such problems.” Still, … Seguir leyendo Guest Post: Is China Doomed?

G20 SHOWDOWNONDOLLARHEDGEMONY http://feedly.com/k/13PXNdw G20 SHOWDOWNONDOLLARHEDGEMONY By RUSSWINTER of WintersActionables Obama canceled his scheduled meeting with Russian President Vladimir Putin last week. Although Obama didn’t give his reason for the cancellation, the media stoogery speculated it was because of Russia’s protection of whistleblower-patriot Edward Snowden. What is not being reported is that Russia has been warning its citizens and institutions since last March’s Cyprus bail-in to … Seguir leyendo G20 SHOWDOWN ON DOLLAR HEDGEMONY

ThePigouEffect (Double-super-special-wonkish) – NYTimes.com http://feedly.com/k/162L5dx shared via http://feedly.com Seguir leyendo The Pigou Effect (Double-super-special-wonkish) – NYTimes.com

WhatiscausingthesummereconomicslumpinJapan? http://feedly.com/k/13a7Nji As discussed previously (see post), Japan’s recent economic momentum has weakened. With the economy rebounding strongly earlier in the year, many had hoped growth will accelerate. But the industrial production pullback in June did not turn out to be simply an aberration and other reports started signaling a slowdown in economic activity. As the service PMI data shows (below), the slowdown is not … Seguir leyendo What is causing the summer economic slump in Japan?

TestosteronePit – Home – BreakingtheTabooofDrugLegalisation http://feedly.com/k/18kHWDA shared via http://feedly.com Seguir leyendo Testosterone Pit – Home – Breaking the Taboo of Drug Legalisation

A Japanese Crisis Nears http://feedly.com/k/1eAdzuu Japan has receded from the headlines of late but that’s about to change. In the next two months, it’s expected the Prime Minister Shinzo Abe will make a decision on whether to increase Japan’s consumption tax from 5% to 8% in April next year. If approved, consumer spending will take significant hit and given that it accounts for around 60% … Seguir leyendo A Japanese Crisis Nears

BitCoinIsNowOfficially A (Schrodinger) Currency http://feedly.com/k/13riOYr Last week was momentuous for BitCoin after a Texas judgeofficiallyrecognizedit as a currency. To wit: "It is clear that Bitcoin can be used as money. It can be used to purchase goods or services, and as Shavers stated, used to pay for individual living expenses. The only limitation of Bitcoin is that it is limited to those places that accept … Seguir leyendo BitCoin Is Now Officially A (Schrodinger) Currency

RadioactiveWaterSpillsOverFukushimaBarrier, FreelyLeakingIntoSurroundings http://feedly.com/k/13rhVz8 It was only last week thatyetanotherconspiracytheorybecamefactwhenwelearned, for the first time after nearly three years of lies, that Tepco had been deceitful and wrong with its "all clear" message about Fukushima, and that instead some 300 tons of contaminated, irradiated water had been flowing into the Pacific ocean everyday. So now that the opportunity cost of telling more lies is zero, and the … Seguir leyendo Radioactive Water Spills Over Fukushima Barrier, Freely Leaking Into Surroundings