Friday 1 April 2011

Black Swans

The idea of "Black Swan" events is something I have mentioned before, the original idea being from Nassim Nicholas Taleb.  Simply, it is something out there which you did not think could happen.  Now, in finance and economics they seem to be coming in flocks from cobdencentre dot org - Articles - Andy Duncan 29 March on the title below.


Independent weekly compilation of current internet articles and blogs relating to Global Banking Crisis

You may not have time to read all the articles. To help you be selective, those articles which I consider an important read or viewing, I have prefixed with X

• Global Debt Clock

Overview Articles

• XXXXX US Petroleum Usage, New House Sales, and the Alleged Recovery

• XXXXX The Utter Failure Of Macroeconomic Theory

• Mauldin: Unintended Consequences (PDF)

Global Banking crisis, economy and systemic risk

• XXXXX Britain’s leaders should come clean on the true depth of the fiscal crisis

• XXXXX IMF Prepares For “Threat To International Monetary System”

• XX Blame Brown, Balls and Miliband for policies that led to the banking crisis

• XX U.S. debt situation at tipping point

• XXX Britain’s £200bn time bomb of debt interest

• X Ireland wants bank bondholders to share the pain

• Is this the endgame for the US dollar?

• America is going broke! Federal Reserve official’s fear as Libya missiles cost $100 million in just ONE day

• Portugal sees further property price falls and lack of confidence in market

• Federal Reserve and the opaque banking syndicate

• 3 Euro Debt Crisis Scenarios

• Looks Like a Double Dip, Smells Like a Double Dip, Must be a Double Dip

• Truck Tonnage Slows in February

• Spectator: Folding money – When politicians devalue the currency, hard assets are the answer

• The Dominoes Are Lining Up, Again

• Euro’s Collapse Is Not Unthinkable: Warren Buffett

• GDP Growth Doesn’t Mean We’re On The Right Road

• Dutch bankers’ bonuses axed by people power

• Ireland’s Hayes Irish Banking Crisis a ‘European-Wide Problem’

• How Germany can avoid a two-speed Europe

• Rethinking Iceland’s Recovery

• Lessons Learned in the Aftermath of the Banking Crisis

• The Japanese Currency Intervention

• Portugal 2010 Budget Deficit Could Be Revised Upward

• A Nation Of Dropouts Shakes Europe

• Eurozone bail-out deal is agreed

• Spain pledges economic reforms

• ECB close to liquidity deal for troubled banks

• Ireland: No easy fix for banking crisis, warns regulator

• French Fin Min: Public Finances Couldn’t Deal With New Banking Crisis

• Land of the Setting Sun

• Ireland 10-year bond spread hits record

• Sovereign debt joins the wall of worry

• Ireland holds talks on bank crisis with ECB

• Big players are no stranger to crises on own doorsteps

Oil and interconnectivity with Global economy

• XXXXX Oil Will Be Gone in 50 Years: HSBC

• Japan Nuclear Plans Derailed, Fossil Fuel Use To Stay High For Years

US Property slump

• XX Sales of new US homes tumble 16.9% to record low

• XX Housing raises US recession alert

• House Prices Will Drop Another 20%

• The Next Leg Down in House Prices

• New house sales are at lowest level in almost 50 years

• America’s Property Market: On A Losing Streak

• Commercial Real Estate on Borrowed Time?

• US house prices fall to 9 year low

US Foreclosure and Mortgage Fraud

• Foreclosure vote could rock the banks

UK Property Market

• XX House Cuts send chill through UK house market

• House prices down 11% since summer

• House prices drop by £45,000 since start of credit crisis

Global Pension “time bomb” and aging population

• X BBC pension deficit is ‘just over £1.5bn’

• South Carolina financial oversight board refuses to accept pension system

• Anglo to stop cost of living increases for pension scheme

• In US Public pension crisis threatens your wallet

• Brendan Keenan: Getting pensions right for posterity

The affect of Austerity measures

• Sign of the times: 200 join queue in Salford precinct – for the opening of a charity shop

Deflation or inflation?

• Cookie Inflation and The End of Quantitative Easing

• The Cost Of Living Just Goes Up And Up

US recessionary trends

• X Massive enrollment cuts at California State University expected

• U.S. Durable Goods Orders Unexpectedly Fell in February

• Rural Oregon counties face bankruptcy without state help

US Unemployment

• X US Real Unemployment Rate 10.2%, Underemployment at 20%

• Unemployment rises in nearly all metro areas

• Why Is US Unemployment So High?

• Current decade of job losses vs. Great Depression

• Most US States Post Unemployment Decline

Eureka articles which challenge the status quo

• X Centralization of power and control by elites in financial markets

• Rich vs Poor: 14 Funny Statistics And 14 Not So Funny Statistics About This “Economic Recovery”

Alternative Currencies, changing the Banking System

• X The Origin of Central Banking and Possible Alternatives

• Federal Reserve and the opaque banking syndicate

• New revelations how the Federal Reserve shrugged off housing crash warnings

1 comment:

  1. I tried to follow 5 of these links and in all cases
    got a 404 (i.e. not found)

    Sorry to say your effort in making this informative list has come to nil.