Silver as an investment

Category Archives: Harvard Business School

Chris Hedges: Elites “Have No Credibility Left”

Chris Hedges and David North via, On Monday, WSWS International Editorial Board Chairman David North interviewed Chris Hedges, the Pulitzer Prize-winning journalist, author, lecturer and former New York Times correspondent. Among Hedges’ best-known books are War is a Force That Gives Us Meaning, The Death of the Liberal Class, Empire of Illusion: the End of Literacy and the […]

93% Of All Jobs “Created” Since 2008 Were Added Through The Birth/Death Model

According to the prevailing narrative, job growth in the US, where GDP over the past decade has been on par with that in the 1930s, is one of the otherwise brighter economic indicators in a time when much of the economic data such as capital spending, productivity and especially wage growth (so critical for the […]

How Active Managers Can Profit From The ETFs’ Takeover Of The Market

Submitted by Nick Colas of Convergex ETFs And The Pricing Of Disruptive Innovation Consider the following fact: US listed ETFs own 2.8% of electric carmaker Tesla’s common stock, but 5.1% of GM’s equity and 5.2% of Ford’s shares.  Why the discrepancy?  One simple reason is that Tesla is not in the S&P 500 but both […]

Dear Obama, How Does A 60% Increase In NYC Homelessness Constitute A Recovery?

Last week, we wrote a post entitled “Harvard Crushes The “Obama Recovery” Farce With 9 Simple Charts” in which we reviewed a report from Harvard Business School on the true health of the U.S. economy.  Given the title, it’s probably not terribly surprising that Harvard was somewhat “underwhelmed” with the Obama recovery after taking a […]

The Existential Madness Of Putin-Bashing

Submitted by Robert Parry via, Official Washington loves its Putin-bashing but demonizing the Russian leader stops a rational debate about U.S.-Russia relations and pushes the two nuclear powers toward an existential brink. Arguably, the nuttiest neoconservative idea – among a long list of nutty ideas – has been to destabilize nuclear-armed Russia by weakening its economy, isolating […]

ZeroHedge: Utah Lawmakers Literally Think Porn Is A “Public Health Hazard”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Claire Bernish via, Utah isn’t exactly known as a hotbed of socially lenient legislation, but Governor Gary R. Herbert plans to chisel in stone the state’s erstwhile Puritanical reputation by signing two pieces of legislation to combat […]

ZeroHedge: Tax Refund Tumble Tells Tale Of Tumultuous Recovery

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. As we detailed previously, the growth of federal income and employment tax withholdings, the broadest and most timely read on the health of the job market "has been sinking at an alarming rate." What is worse, as ConvergEx's Nick Colas […]

Biderman: “Welcome To The First Global Recession Created By Central Bankers”

Tensions in the global stock markets appear to have calmed. In sharp contrast stands the real economic development. Even in the US there are more and more signs of an accentuated weakness (outlier jobs data aside). "Things are crazy," says Charles Biderman summing up this bizarre situation. "We’re seeing the impact of the global slowdown […]

The Dallas Fed’s New President Was Until Recently A Vice-Chairman Of This FDIC Insured Hedge Fund

Define regulatory capture.  Now that Richard Fisher has been put out to pasture (and by “put out to pasture” we actually mean “works for Barclays”), the Dallas Fed needed a new President. Of course when you’re looking around for possible Fed officials one place you want to check is the pool of former Wall Street […]

What Comes Next, Part 2: The Looming Transformation

Submitted by Jeffrey Snider via Alhambra Investment Partners, Part 1 is here, the history of defining systemic operation since 1907.   … The quest over equality or the “right” to impose optimal outcomes is one that cannot go backward. The inevitable failures lead no duty to re-assess overall, but only the means by which the […]