Links 12/12/2012

- MUST READ: Apple to Relaunch Manufacturing in US, Net Result +200 Jobs; Lights Out  - PRINT MORE MONEY - the new head of BOE, a former Goldman Sachs executive, is already hinting at more QE - Cox and Archer: Why $16 Trillion Only Hints at the True U.S. Debt. What cannot be repaid, won't. - Recovery? What recovery? The US trade deficit increased in Octobe. - Only In California: School Owes $1 Billion On $100 Million... Read...

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Links 12/10/2012

- Let's print some more money! That will certainly solve all of our problems, right? Central Banks Ponder Going Beyond Inflation Mandates. Just a quick note on 'money' (=currency) creation: If the newly created currency corresponds to newly created wealth, then, this is NOT inflationary, because the newly printed money are NOT printed "out of thin air". So long as there is growth/production of new wealth, there are more products... Read...

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Links 12/09/12

- EU has long considered the Nabucco gas pipeline a priority project needed to break its strong reliance on energy from Russia, and USA has been backing the project - but now Nabucco is fading away, because RWE AG (a GERMAN company) is backing off the project. Germany has sided with Russia, no? RWE Exit Deals Blow to European Gas Pipeline  - MUST READ: USA - Exporting Gas And Oil Will Not Erase The Trade Deficit -... Read...

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Links 12/07/2012

- Europe and Asia coming together (after all, Europe wants Asia's goods/services and Russia's energy, and Asia-Russia want Europe's goods and services, and its technical know-how, so now that America is no longer able to control Europe like before (due to its decline), Europe & Russia/China are a perfect fit for each other): Land bridge to boost Asia-Europe trade:"Trade between China and Shanghai Cooperation Organization... Read...

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Links 12/03/2012

-MUST READ: 2008? That’s Ancient History, Right? (see also Leveraging/Deleveraging: “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world”) Memories are short, and 2008 is ancient history. Consumers can’t suppress their urge to consume. Lenders can’t suppress their urge to lend. We’ve learned nothing from the last boom-bust. We are repeating it, piling error upon error. “People will... Read...

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