Mike Shedlock

Contributor since: 26 Feb 2010

Contact Contributor

Biography

• Why Greece Must Exit the Eurozone, How it Will Happen...

  Published 20 February 2012 | viewed 0 times

  ...(and Why Portugal and Spain Will Follow); Does the Euro Act Like a Gold Standard? Several people have asked me about statements I have made…

• Gallup Reports Unemployment in February Increases to 9%, Up From 8.6%; Underemployment Increases to 19%

  Published 17 February 2012 | viewed 0 times

  The latest Gallup survey finds U.S. Unemployment Increases in Mid-February The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February,…

• Face The Music

  Published 16 February 2012 | viewed 0 times

  Road Back To Prosperity Is Through Shared Sacrifice, Not Government Stimulus; Case Against Fractional Reserve Lending John Mauldin posted an extraordinary interview by Kate Welling…

• Obama Proposes Massive Tax Hikes, Still Comes Up With $1.33 Trillion Deficit ...

  Published 13 February 2012 | viewed 0 times

  ...Obama's "Race to the Bottom" Education Proposal; Dysfunctional Congress President Obama made a pledge to cut the deficit in half by the end of his…

• Student Loan 'Debt Bomb'; Obama's Misguided Proposal and Mish's Two-Point Alternative Proposal

  Published 11 February 2012 | viewed 0 times

  It's interesting to watch some of the terms bandied about in headline news. For example, the LA Times headline reads S&P says student loan debt…

• Consumer Credit 'Demolishes Expectations' Really? ...

  Published 09 February 2012 | viewed 0 times

  ... No Not Really! The "Non-Bounce" in Non-Revolving Credit Joe Weisenthal writing for Business Insider reports Consumer Credit Demolishes Expectations, Grows $19 Billion. It's hard…

• Is Romney to Blame for Paying Low Taxes ...

  Published 06 February 2012 | viewed 0 times

  ... or is 72,536 Pages of Tax Code to Blame? What's the Real Solution? Thanks to AMT, Man Pays 102% Tax Rate I am not…

• Trim Tabs Fearless Forecast: US Payrolls +45,000 Jobs...

  Published 01 February 2012 | viewed 0 times

  ...Analysis of Jobs, Wages, GDP, Weekly Claims, Housing; Forced Lifestyle Changes; Boomer Drag on GDP Trends Last month Trim Tabs estimated December payroll growth was…

• Greece Prime Minister Calls 'Crisis Meeting' Attacks EU, IMF; Does Germany Want a Deal?

  Published 31 January 2012 | viewed 0 times

  Things are going so well in Greece (just one step away from a deal for weeks on end), that Greek officials attack EU and IMF…

• You Ain't Seen Nothin' Yet; Another Trillion (or Two) Euro LTRO Coming Next Month

  Published 30 January 2012 | viewed 0 times

  Last month, European banks tapped the ECB for €489bn in a long-term refinance operation dubbed LTRO. On February 29, another round of LTRO is coming…

• Triumph of One and the Price of Arrogance; Merkozy Treaty to Fail on Legal Grounds; UK Should Thank Sarkozy

  Published 28 January 2012 | viewed 0 times

  The arrogance of French president (soon to be ex-president) Nicolas Sarkozy is about to bite the Eurocrat nanny-zone officials big time. In December, Sarkozy insisted…

• We Must Crush Ambrose Evans-Pritchard, Nouriel Roubini, Martin Wolf, the Army of Krugmanites into Submission; Reflections on 'Dangerous and Insane'

  Published 11 November 2011 | viewed 0 times

  Two days ago, Financial Times columnist Martin Wolf made an attempt at Thinking through the unthinkable. The "unthinkable" was the breakup of the Eurozone. Reflections…

• France, Germany have 'Intense Consultations' on Smaller Eurozone; Breakup Inevitable, but How?

  Published 09 November 2011 | viewed 0 times

  Realization the Eurozone is no longer tenable is at long last at hand. In fact, "intense discussions" have been underway for months but are just…

• Perfect Storm; Eight Reasons to be Bullish on the US Dollar

  Published 08 November 2011 | viewed 0 times

  One of my much appreciated contacts is Steen Jakobsen, chief economist for Saxo Bank in Copenhagen, Denmark. Today he passed on an "internal note" that…

• Pimco El-Erian Video: 'Unfortunately it's a Mess' in Europe

  Published 04 November 2011 | viewed 0 times

  Credibility Declines, Merkozy Cannot Even Agree on the "Easy Part" Here is an interesting interview between Mohamed El-Erian, CEO of PIMCO, and Bloomberg Television's Betty…

• Eurozone's Waterloo; Papandreou Forced to Cancel Referendum...

  Published 03 November 2011 | viewed 0 times

  ...Democracy Dies to Protect Banks; Germany's Dilemma: The Eurocratic Nanny Zone Vote Cowards Win For Now We will not get to see the precise wording…

• Brilliant Moves by Papandreou; EMU Mentions Eurozone Exit Possibility First Time Ever; Who the Hell is Merkozy to Dictate Terms of a Greek Referendum?

  Published 02 November 2011 | viewed 0 times

  As the days progress, the strategy of George Papandreou has become increasingly clear. He does not like the terms forced on him by Eurozone bureaucrats…

• Dear Christina: Reflections on Economic Fools and the Policies they Espouse

  Published 31 October 2011 | viewed 0 times

  The New York Times headline reads Dear Ben: It's Time for Your Volcker Moment. I expected the article to be about inflation. It starts out…

• Massachusetts Supreme Court Foreclosure 'Bombshell' Ruling Nothing But Hot Air

  Published 27 October 2011 | viewed 0 times

  Many people sent links regarding a bombshell ruling in Massachusetts by the Daily Bail that allegedly 'made foreclosure sales in the commonwealth over the last…

• Magic Turns 340 Billion Euros Into 940 Billion Euros...

  Published 21 October 2011 | viewed 0 times

  ...Six-Day Marathon of Lies, Deceit Underway In 2013 a 500 billion Euro "permanent" bailout fund (ESM) was slated to replace the 440 billion "Temporary" European…