Mike Shedlock

Contributor since: 26 Feb 2010

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• Failure is Truly Success!

  Published 23 March 2014 | viewed 0 times

  In a political gambit that at best is likely to result in some face-saving statements of support for the president, Obama Heads to Hague Hoping…

• Reflections on the Yellen Taper-Hike Announcement; What Does the Fed Know?

  Published 20 March 2014 | viewed 0 times

  Yesterday everyone was gaga over the news Yellen might actually hike interest rates a few months earlier than they thought. Will she? Won't she? It…

• Edward Snowden on TED: More Revelations to Come; Here's How We Take Back the Internet

  Published 19 March 2014 | viewed 0 times

  Here's an extremely interesting, educational, and important video interview with Edward Snowden on the right to privacy. Appearing by telepresence robot, Edward Snowden speaks at…

• President Obama is The Biggest Fraud Ever Perpetrated on US Citizens (Fantastic Carey Wedler Video)

  Published 16 March 2014 | viewed 0 times

  Several people sent me a video by Carey Wedler. I just played it. It's short, accurate, and one of the most powerful videos I have…

• Corrupt Politicians on the Take (Another Addition to the Law of Bad Ideas); Losing Respect for Governor Christie

  Published 14 March 2014 | viewed 0 times

  Governor Chris Christie is damaged goods. Revelations regarding lane closures on the Washington Bridge peaked with a 'Very Sad' Chris Christie Apology. Yet, I suspect…

• Democrat Sponsored 'Income Inequality'; Law of Bad Ideas, Yet Again

  Published 13 March 2014 | viewed 0 times

  Debate rages over "income inequality". CEOs makes hundreds or thousands of times more than workers. That is one aspect of income inequality. And it's easily…

• Missing in Action: Where are the Jobs and the Job Seekers?

  Published 11 March 2014 | viewed 0 times

  The EPI had an interesting chart and comments in its report The Vast Majority of the 5.8 Million Missing Workers Are Under Age 55. Since…

• Natural Gas Hoarding in Europe Thanks to US Sanction Proposals; Boehner vs. McCain; LNG the Solution

  Published 05 March 2014 | viewed 0 times

  US sanction proposals against Russia coupled with immediate Russian counter-threats against European interests led to an easily predictable result: natural gas hoarding. Bloomberg reports Europe's…

• Stiglitz: Leaving the Euro Painful but Staying in More Painful; Eurozone Breakup Recap

  Published 28 February 2014 | viewed 0 times

  Nobel prize winning economist Joseph E. Stiglitz has come to the right conclusion Leaving the Euro Painful but Staying in More Painful. Partial Transcript Question:…

• Are Drone, Workerless Ocean Freight Ships Coming? What About Jobs? Insurance? Inflation?

  Published 27 February 2014 | viewed 0 times

  Here is the question of the day: Are drone, workerless ocean freight transport ships coming? If shippers can pull it off, the cost saving would…

• Saxo Bank's Steen Jakobsen Warns of Global Economic Vacuum, China Slowdown, Germany Growth Negative, 30% SP Correction

  Published 26 February 2014 | viewed 0 times

  Steen Jakobsen, chief economist at Saxo Bank in Denmark, sent an interesting email yesterday regarding China, Germany, the European debt crisis, and equity prices. Steen…

• Monetarism, Abenomics, QE, and Minimum Wage Proposals: One Bad Idea Leads to Another, and Another

  Published 24 February 2014 | viewed 0 times

  Telegraph writer Ambrose Evans-Pritchard is back at it. In arguably his worst article ever, Pritchard complains France is Looking Straight Down the Barrel of a…

• Law of Bad Ideas

  Published 20 February 2014 | viewed 0 times

  A proposal by French president Francois Hollande got me thinking about "The Law of Bad Ideas". I did a search for the phrase and surprisingly,…

• China Fooled the World (But It Cannot Last)

  Published 18 February 2014 | viewed 0 times

  Steen Jakobsen, chief economist at Saxo Bank emailed a pair of interesting links on the explosion of investment and debt in China. First consider the…

• Immigration Debate Rages in US and Europe; EU Strikes Back at Switzerland

  Published 17 February 2014 | viewed 0 times

  Debate over immigration rages in both the US and Europe. Let's take a look at the US first. On January 30, House Speaker John Boehner…

• Japanese GDP and Exports Seriously Underperform Expectations

  Published 16 February 2014 | viewed 0 times

  The huge string of unexpectedly sour economic data continues to pour in. Add Japan to the spotlight. The BBC reports Japan's Quarterly Growth Disappoints Ahead…

• Industrial Production Declines, November and December Revised Lower; String of Unexpected Events Continues

  Published 14 February 2014 | viewed 0 times

  This morning the Fed reported Industrial production declined. Moreover November and December were revised sharply lower. Industrial production decreased 0.3 percent in January after having…

• Deflation Theory Reality Check: Why Inflation is Severely Understated; Feel Good Effect

  Published 12 February 2014 | viewed 0 times

  If you repeat something completely inane enough times, do people, even economic writers, believe it? To understand the context of my question, please consider the…

• What Does a Surveillance State Look Like? New Photos from 'The Intercept'

  Published 10 February 2014 | viewed 0 times

  Last October, Glenn Greenwald (who broke the NSA spy story on the Guardian), Jeremy Scahill, and Laura Poitras announced plans to setup an independent news…

• Monetarists Accuse ECB of 'Dangerous Game of Chicken'; The REAL Dangerous Game

  Published 06 February 2014 | viewed 0 times

  This morning, ECB president Mario Draghi Held Rates at 0.25%, while rejecting fears of deflation. ECB president Mario Draghi said: "We have to dispense with…