Aug 27 2011
The world of international finance, as it is practiced today, is a giant Ponzi scheme. The largest and most powerful Ponzi scheme in history. One of the first Ponzi schemes in history to actually be supported by the political leaders of the world.
However, all Ponzi schemes must end poorly. They are designed to have a built-in failure. A Ponzi scheme only works when increases in value. You can’t have suckers investors selling.
Oct 11 2010
Supposedly ‘Uncertainty‘ is the new Corporate buzzword.
‘Uncertainty‘ is the Mantra that keeps them FROZEN with inaction.
Well I guess, a lot depends on what kind of ‘Action’ — were looking at.
America’s Corporate Cash Cushion
Jonathan Cheng, WSJ Market Beat — Sep 17, 2010
The Federal Reserve put out its quarterly report on fund flows today, which shows corporate balance sheets more or less flat at $1.845 trillion, compared to $1.847 trillion in the first quarter of 2010.
[…]
“Companies weren’t stuck like a deer in the headlights because of regulatory or political uncertainty,” he said. Instead, he says corporate directors have been spending on capital expenditures, M&A, and buybacks and dividends. [ … according to Anthony Carfang, from at Chicago-based corporate treasury consultancy Treasury Strategies.]Dividends and buybacks, like the ones announced after market close yesterday by Texas Instruments, are on the rise […]
Be afraid, be very afraid, people — Or so the Corporate Speakers are telling us.