Caterpillar Earnings Report April 12, 2012 Wall Street Journal Business Report 3:12 PM March sales of construction excavators in China look ugly, plunging 47% Y//Y to 23.3K units, with Caterpillar (CAT) sales off 51%. The numbers may not bode well for CAT Q1 earnings (report date 4/25), or the DJIA, over which the stock has… Continue reading Caterpillar Cat Construction Equipment Sales in China Fade & The Price of Gold
Tag: Capitalism
Ron Paul on Lobbyists & The Faults With Capitalism
The Faults with Capitalism In my blog of March 13, 2011, as part of a series of 10 recommendations to improve our economic system, I spoke to the impropriety of public servants leaving public service and immediately becoming highly paid “consultants” or “lobbyists”. The Effects of Government Intervention and a Review Cymorfund’s Track Record for… Continue reading Ron Paul on Lobbyists & The Faults With Capitalism
A Hindsight View of Opinions Expressed in this Blog
Weakness in China Someone sent a note to me about China, in which they pointed out current weakness in China, fear of housing deflation, and some other weaknesses. They then complimented me on publishing Blogs long ago on the coming troubles in China, on the massive undisclosed debts of state-owned enterprises, and the inefficiencies in… Continue reading A Hindsight View of Opinions Expressed in this Blog
You Can’t Solve a Debt Crisis with More Debt – or Can You?
How to Deal With Overwhelming Debt We have written a number of times of how Canada solved it’s debt crisis which it incurred through successive Liberal Party excesses. It simply adjusted its spending so that the increase in expenditures continued, but at a lessor rate. Then as the US and Japan, and then Korea and… Continue reading You Can’t Solve a Debt Crisis with More Debt – or Can You?
Political Correctness – Dealing with the Barney Frank’s of Finance (Cont’d)
Continued from Blogs of January 26 & 29, 2012 Dealing with the debt problem means firstly understanding the economic powerhouse that is the USA. The US $ remains the world’s currency and is accepted universally. Fixing the US $ is PRIORITY #1. In the previous blogs, we discussed – Bringing government expenditures under control –… Continue reading Political Correctness – Dealing with the Barney Frank’s of Finance (Cont’d)
Dealing With the Debt Problem & the US$ – Some Simple Steps (Cont’d)
Continued from Blog of January 26, 2012 Dealing with the debt problem means firstly understanding the economic powerhouse that is the USA. The US$ remains the world’s currency and is accepted universally. Other currencies float in relation to the US$. Fixing the US $ is PRIORITY #1. In the last blog, we discussed – Bringing… Continue reading Dealing With the Debt Problem & the US$ – Some Simple Steps (Cont’d)
Dealing With the Debt Problem – The US$ Remains the World’s Currency – Some Simple Steps
How to Deal with the Debt Problem Dealing with the debt problem means firstly understanding the economic powerhouse that is the USA. The US$ remains the world’s currency and is accepted universally. Other currencies float in relation to the US$. Stability and a return to currencies floating within expected ranges vis-a-vis the US$, brings a… Continue reading Dealing With the Debt Problem – The US$ Remains the World’s Currency – Some Simple Steps
A True Free Market Over Greenspan/Bush/Obama Quantitative Easing – Creating More Debt
The Hindsight Comparison of the Banking Crisis in the Weak Sisters in Europe As the world gradually turns against printing ever more money, we see Germany refusing to loan ever more to the weaker members of the EU; we see the Republicans in the USA turning against the policies of George Bush in printing money… Continue reading A True Free Market Over Greenspan/Bush/Obama Quantitative Easing – Creating More Debt
New Jobs Improvement Data in US “Stunning”
The Financial Post today reports that US private sector hiring surged in December as employers added 325,000 new workers, while claims for jobless benefits fell. This come from the ADP National Employment Report. As a comparison, in November 2012, 204,000 private jobs were created. “The number is stunning” quote by Wayne Kaufman, chief market analyst… Continue reading New Jobs Improvement Data in US “Stunning”
A New Year – 2012 The USA Remains the Dominant Economic Force in the World
A Happy New Year to Readers Reflections Over the Holidays The end of a year and the start of the next is an annual time for reflection and catching up on reading. The economic downturn has had some dramatic negative effects on many people, but what becomes apparent upon reflection is the similarity in some… Continue reading A New Year – 2012 The USA Remains the Dominant Economic Force in the World