Mike Shedlock

Contributor since: 26 Feb 2010

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• TV Censorship in China; Reflections on the Yuan as a Global Reserve Currency; Hype Sells

  Published 31 May 2011 | viewed 0 times

  An interesting article in the Financial Times got me thinking once again about the popular notion that the Yuan is about to replace the dollar…

• Hyperinflation Nonsense in Multiple Places

  Published 25 May 2011 | viewed 0 times

  Every time the US dollar ticks lower, commodity prices tick higher, or the CPI rises two tenths of a percent, hyperinflationists come out of the…

• Structural Problems in Greece Compared to US

  Published 24 May 2011 | viewed 0 times

  Many countries have restrictions and requirements on doctors, nurses, lawyers etc. Greece carries the idea to extreme. According to Keep Talking Greece "closed professions" include…

• Chris Christie on Sick Pay Payouts: 'Only in Government'; What You Can Do To Help

  Published 20 May 2011 | viewed 0 times

  Most of you know I am a huge fan of Chis Christie. I never tire of listening to what he has to say. Once again…

• Huge Cracks in Global Recovery Thesis; Industrial Production Unexpectedly Drops in Germany, France; UK Weaker than Expected

  Published 16 May 2011 | viewed 0 times

  Before taking a look at industrial production, let's take a look at how uneven the jobs recovery has been. The New York Times reports A…

• McCain on Torture and Waterboarding; Ron Paul on Bin Laden and Torture: Bin Laden Is Dead - Let's Come Home!

  Published 15 May 2011 | viewed 0 times

  Bin Laden Is Dead - Let's Come Home! Ron Paul On the Elimination of Osama bin Laden Last week marked an important milestone in the…

• Housing Adjusted CPI, Gold, and the Deflation Grand Supercycle Theory

  Published 10 May 2011 | viewed 0 times

  I am a firm believer that housing prices belong in the CPI. I have discussed this at length before, and in light of reported inflation…

• Torture Never Works; Ron Paul on Torture and Secret Prisons; 'Torture is What the Nazis Did'

  Published 09 May 2011 | viewed 0 times

  In response to Kidnapping, Torture, and Reflections on Alleged "American Values" I received many emails thanking me for my position. Here is one from Percy,…

• Trichet Backs off Rate Hikes; US Dollar Up Sharply; Currency Fundamentals

  Published 05 May 2011 | viewed 0 times

  ECB President Jean-Claude Trichet has backed off his usual way of signaling a rate hike, which is to use the phrase "strong vigilance". Instead, Trichet…

• Is Inflation High and Rising or Low and Falling? A Four-Quadrant Model of Investing Analyzed

  Published 04 May 2011 | viewed 0 times

  I received an interesting email out of the blue yesterday from Archie Kangethe, a Vice President at Morgan Stanley Smith Barney. Good Morning Mish, If…

• Gallup: U.S. Job Creation At Post-Recession High; What's Next? How Congress Can Spur Job Creation

  Published 03 May 2011 | viewed 0 times

  The U.S. job picture continues to inch up and a Gallup poll shows Job Creation Hits Post-Recession High in April, primarily on the strength in…

• Governor Quinn Holds Illinois Cities Hostage Over Budget Proposal; Cities Face Massive Cash Crunch

  Published 01 May 2011 | viewed 0 times

  In spite of the biggest tax hikes in the history of Illinois, the state is still $8 billion in a budget-deficit hole. Instead of cutting…

• Radical Plan to Cut Military Spending and Help Balance the Budget

  Published 28 April 2011 | viewed 0 times

  My long held belief is the US cannot afford to be the world's policeman. Moreover, I question whether it is wise to pursue such a…

• No 'Miracle' Cures from Inflation; Impossible to Inflate Out of this Mess

  Published 24 April 2011 | viewed 0 times

  Inquiring minds are reading The "Miracle" of Compound Inflation by John Mauldin. Here are a few paragraphs worthy of a closer look. Albert Einstein is…

• It's Different in China and Here's Why - Is the Yuan Undervalued?

  Published 19 April 2011 | viewed 0 times

  Most of you know I loathe "It's Different Here" type of arguments. However, in a recent newsletter, Michael Pettis of China Financial Markets makes precisely…

• Deficit Reduction: Are Higher Taxes and Reduced Military Spending Coming? Can the 'Gang of Six' Accomplish Anything?

  Published 17 April 2011 | viewed 0 times

  President Obama has announced his deficit-cutting plan as has Republican Senator Paul Ryan. The problem is those plans are light-years apart with little hope of…

• Appalling Suggestions by California Teachers' Association

  Published 14 April 2011 | viewed 0 times

  Appalling Suggestions by California Teachers' Association Would Make Students Political Pawns for Union's Greedy Coercion Efforts; 'Brain Dead' CTA Leave it to the California Teachers'…

• Obama Wants to Take 'Scalpel Not a Machete' to Reduce $1.6 Trillion Deficit; Scalpel and Machete Both Wrong; Student Loan Scam Revisited

  Published 10 April 2011 | viewed 0 times

  You cannot reduce a $1.6 trillion deficit by taking a scalpel to it. Yet that is exactly what the president wants to do. Please consider…

• Teachers' Unions Don't Give a Damn About Kids; Feeling Guilty, But ...

  Published 08 April 2011 | viewed 0 times

  As some might expect, I get a fair amount of hate mail from public union workers. However, I actually get more emails from public union…

• Fed Lending Increases Ultimate Cost of Bank Failures; 111 Banks Fed Lent Money to Failed

  Published 05 April 2011 | viewed 0 times

  Via emergency lending mechanisms recently released data shows that 111 banks the fed tried to keep alive via emergency lending procedures ultimately failed. Please consider…