Mike Shedlock

Contributor since: 26 Feb 2010

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• My Wife Joanne Has Passed Away; Stop and Smell the Lilacs

  Published 18 May 2012 | viewed 0 times

  Yesterday afternoon, my wife, Joanne went on to a better place. For those still on this planet, please remember to stop and smell the lilacs.…

• ALS Update; I Still Need Your Help; Money Contributions From 22 Countries!

  Published 15 May 2012 | viewed 0 times

  In case you missed it, back on April 2, 2012 I reported My Wife Joanne Has ALS, Lou Gehrig's Disease. In that post, I announced…

• 'We Embittered the People to Protect the Future of the Nation'

  Published 07 May 2012 | viewed 0 times

  If you want to understand the reason PASOK went down in flames in a crushing defeat in Greek elections, simply look at the arrogance and…

• New American Dream is Renting; Reflections on Renting Houses, Cars, Books, Clothes; Will Rentership Fuel the Next Boom? What About Home Prices?

  Published 06 May 2012 | viewed 0 times

  Housing has now gone full circle. President Bush's "Ownership Society" has morphed into the "Rentership Society". The attitude applies to more than houses as noted…

• 2.2 Million Go On Disability Since Mid-2010; Fraud Explains Falling Unemployment Rate; Will Higher Disability Taxes Fix the Problem?

  Published 05 May 2012 | viewed 0 times

  Since mid-2010, precisely the time millions of US citizens used up all of their 99 week of unemployment insurance, disability claims have risen by 2.2…

• Mish on Capital Account May 1 ...

  Published 02 May 2012 | viewed 0 times

  ... Discussion of Europe, Austerity, Paul Krugman, Jobs, and the Greenspan Contrarian Indicator (GCI) Once again it was a pleasure to be on Capital Account…

• Contrary Indicator Alert: Greenspan Says U.S. Stocks 'Very Cheap,' Likely to Rise

  Published 01 May 2012 | viewed 0 times

  Bloomberg authors By Steve Matthews and Tom Keene report Greenspan Says U.S. Stocks 'Very Cheap,' Likely to Rise Former Federal Reserve Chairman Alan Greenspan said…

• I'm Swapping Some Gold for Silver

  Published 01 May 2012 | viewed 0 times

  Roughly one year ago (April 27, 2011 to be precise) I wrote Taking Silver Profits - Swapping Silver for Gold I have held physical silver…

• Ludicrous Proposal by Harvard Economics Professor to Force Taxpayers to Buy Spanish Bonds; Mish's Five-Point Alternative Proposal

  Published 30 April 2012 | viewed 0 times

  As the economic crisis lingers on, the number of ludicrous proposals to deal with the crisis rises every month. I have lost count by now…

• Giant Sucking Sound; Demand for Credit in Europe Collapses; Pritchard Misses the Boat

  Published 29 April 2012 | viewed 0 times

  In a report on fixed income, David Owen, Chief European Financial Economist at Jefferies, notes that demand for credit in Europe has plunged. Owen asks…

• GDP Miss Far Bigger Than Announced; Real GDP is 0% Using More Reasonable Deflator

  Published 27 April 2012 | viewed 0 times

  The Advance Estimate for Q1 GDP came in at 2.2%, down from 3.0% in the previous quarter, and below most mainstream media estimates of 2.5%.…

• Bernanke Calls Krugman 'Reckless'; Krugman and Bernanke Both in Academic Wonderland Somewhere Deep in Outer Space

  Published 26 April 2012 | viewed 0 times

  Paul Krugman is now so far into outer space with ridiculous economic proposals that even Helicopter Ben Bernanke recognizes Krugman's proposals as "reckless". Bloomberg reports…

• Marc Faber Discusses Imminent Market Crash, a Recession in China, Says Fiscal Condition of US a 'Catastrophe'

  Published 24 April 2012 | viewed 0 times

  Inquiring minds are listening to Marc Faber on the global economy.     Faber says China faces a recession defined as a slowdown to 3%.…

• Dutch Government on Verge of Collapse After Anti-EU Lawmaker Torpedoed Seven Weeks of Austerity Talks ...

  Published 21 April 2012 | viewed 0 times

  ... Caretaker Government and New Elections Coming Up The Netherlands has been one of the staunchest proponents of forced austerity on Greece. However, now that…

• Reflections on 'Small Wars' and Military Waste...

  Published 20 April 2012 | viewed 0 times

  ... Four Reasons Congress Wastes Money on Useless Defense Programs A close friend of mine since high school frequently writes for Foreign Affairs Magazine, the…

• Trends in Nonfarm Employment, Civilian Employment, Weekly Unemployment Claims

  Published 17 April 2012 | viewed 0 times

  Upfront Addendum: Coast-to-Coast listeners and new readers, please read the story I briefly talked about tonight on my segment with George Noory: My Wife Joanne…

• Mish on Max Keiser: European Merry-Go-Round, Rising Yields in Spain, Obamacare, the US Dollar, Student Loans, Gold

  Published 15 April 2012 | viewed 0 times

  I was "On the Edge" last week with Max Keiser discussing various can-kicking exercises, soaring yields on Spanish debt, bailouts coming up for Portugal and…

• 'Spain Would Be Dead Without ECB Loans' Says Spanish Secretary of State for Economy; Update on Black Market Transactions in Spain; Bartering in Greece

  Published 14 April 2012 | viewed 0 times

  As Greece wonders whether its debt crisis will eventually spell its exit from the euro, one town, Volos, has formed an alternative local currency as…

• Deja Vue All Over Again; ECB Says Bond Buying Program Available; Sweet Talkin' Guys

  Published 11 April 2012 | viewed 0 times

  ECB Says Bond-Buying Program Available The ECB went from loading up on sovereign debt and making a huge mess of it when Greece defaulted, to…

• Lollipops and Tantrums...

  Published 10 April 2012 | viewed 0 times

  ... Is the Fed Promoting Recovery or Desperation? QE "Appears" to Works Until It Obvious it Never Did Lollipops and Tantrums The Fed is much…