Wednesday, 13 July 2011

Debt deflation-On the Edge with Max Keiser-07-08-2011


on Jul 9, 2011

http://www.presstv.com/Program/188261.html\

In this edition of On the Edge, Max Keiser interviews Steve Keen, economist and author of the book Debunking Economics.

He says that debts have spiraled out of control and the reason is shadow banking system. The program touches on the correlation between the US-EU debt crisis and the worsening Greek economy.


All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Debunking Economics -Steve Keen ....Books



The Naked Emperor of the Social Sciences
 
Zed Books
What is the score card for economics at the start of the new millennium? While there are many different schools of economic thought, it is the neo-classical...

Steve Keen
 is Senior Lecturer in Economics and Finance, University of Western Sydney


What is the score card for economics at the start of the new millennium? While there are many different schools of economic thought, it is the neo-classical school, with its alleged understanding and simplistic advocacy of the market, that has become equated in the public mind with economics. This book shows that virtually every aspect of conventional neo-classical economics' thinking is intellectually unsound. Steve Keen draws on an impressive array of advanced critical thinking. He constitutes a profound critique of the principle concepts, theories, and methodologies of the mainstream discipline. Keen raises grave doubts about economics' pretensions to established scientific status and its reliability as a guide to understanding the real world of economic life and its policy-making.


No More Mr. Nice Guy * The Totem of the Econ Tribe * The Calculus of Hedonism * The Price of Everything and the Value of Nothing * A Totem in Tatters * Size Does Matter * A Totem in Tatters Two * To Each According to His Contribution * A Capital War of the Worlds * There is Madness in their Method * Lets Do the Time Warp Again * The Sum of the Parts * The Price is Not Right * Don’t Shoot Me, I’m Only the Piano * Nothing to Lose but their Minds * There are Alternatives


All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

US stock futures rise on encouraging China growth  | ajc.com

US stock futures rise on encouraging China growth | ajc.com
9:01 a.m. Wednesday, July 13, 2011

The Associated Press

NEW YORK — An encouraging report on China's growth sent stock futures higher Wednesday after three days of losses.

FILE - In this July 11, 2011 file photo, Michael L. Guli of Knight Capital Americas, L.P., works on the floor at the New York Stock Exchange in New York. World stock markets advanced Wednesday, July 13, bolstered by robust Chinese growth figures that led to a solid day in Asia. Gains were limited in Europe as trading began amid ongoing worries about the continent's debt problems. (AP Photo/Seth Wenig, file)


    The Chinese economy grew at a slower but still healthy rate of 9.5 percent last quarter, data showed Wednesday. China is attempting to rein in its speeding expansion and ease inflation, but a sudden drop-off in growth could hurt the U.S. economy by cutting into demand for U.S. exports. China is the world's second-largest economy.

    Dow Jones industrial average futures rose 34 points, or 0.3 percent, to 12,447 in premarket trading. Standard & Poor's index futures rose 5, or 0.4 percent, to 1,315. Nasdaq 100 futures rose 12, or 0.5 percent, to 2,356.













    All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

    110713 - Hyper Report


    on Jul 13, 2011

    Hyper Report is sponsored by FutureMoneyTrends.com (http://futuremoneytrends.com/ )

    Source Links for Today's Items:

    The Beginning of the End of Europe
    http://gonzalolira.blogspot.com/2011/07/beginning-of-end-of-europe.html

    Obama Says He Cannot Guarantee Social Security Checks Will Go Out on August 3
    http://www.cbsnews.com/8301-503544_162-20078789-503544.html
    http://www.wnd.com/index.php?fa=PAGE.view&pageId=320949#ixzz1RtUFTIri

    The Insane Cost of Government...
    http://www.uncommonwisdomdaily.com/the-insane-cost-of-government-12432

    New Gun Rules in Border States
    http://www.ktrh.com/cc-common/news/sections/newsarticle.html

    California Companies Fleeing the Golden State
    http://money.cnn.com/2011/06/28/news/economy/California_companies/index.htm?i...

    Sebelius: Obamacare's Penalty on Small Businesses a 'Great Incentive' for Growth
    http://www.cnsnews.com/news/article/hhs-secretary-mandating-small-business-p

    Ron Paul Won't Seek Re-election for Congress
    http://www.youtube.com/watch?v=Ghh711inuGo

    The content contained in the Hyper Report is provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and before making any significant investing decisions. All stories are sourced and assumes

    all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.

    This video is protected by the Fair use Act-Title 17 Chapter 1, Article 107 pertaining to the use of copyrighted works to illustrate an opinion, or for educational purposes...

    Thank you.


    All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

    Gold reaches record levels - HARVEYORGAN.BLOGSPOT.COM

    http://harveyorgan.blogspot.com/2011/07/problems-around-globe-intensifiesgold.html

    TUESDAY, JULY 12, 2011

    Problems around the Globe Intensifies/Gold reaches record levels in USA dollars/British Pounds/Euro gold.


    I regret to inform you that the banking cartel had an awful day as the price of gold reached record levels
    in 3 currencies. It hit a high of $1573 usa per oz. In British pounds it is within spitting distance of 1,000 British  pounds per oz falling 20 pounds short at 980 Br.Pounds/oz early this morning.  Right now British gold is trading at 984 Br pounds per oz.  The Euro price of gold also hit record levels today rising to 1116 euros/oz early this morning.  Right now Euro gold is trading at :  1122 Euros/oz.

    The bankers did put up a fight but the physical demand is too great for them to handle as the entire world
    tries to engulf as much physical gold and silver as they can without much luck.

    Gold finished the comex session at $1561.90 up $13.90.  Silver finished the session at $35.63 down 6 cents.
    Right now gold is trading at: $1567.30 and silver is trading at $36.15


    All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

    Earnings Announcements - inthemoneystocks.com

    https://www.inthemoneystocks.com/n_economic_and_earning_alerts_single.php?id=133


    economic News & Stock Market Alerts
    DateTimeNews/EventsMarket ExpectsPriority
    Jul 1208:30am ETTrade Balance-$44.0BMedium
    Jul 1307:00am ETMBA Mortgage IndexNAMedium
    Jul 1308:30am ETExport Prices ex-ag.NAMedium
    Jul 1308:30am ETImport Prices ex-oilNAMedium
    Jul 1310:30am ETCrude InventoriesNALow
    Jul 132:00pm ETTreasury Budget-$45.0BMedium
    Jul 132:00pm ETFOMC MinutesNAMedium
    Jul 1408:30am ETInitial Claims419KMedium
    Jul 1408:30am ETContinuing Claims3700KMedium
    Jul 1408:30am ETRetail Sales-0.2%Medium
    Jul 1408:30am ETRetail Sales ex-auto0.0%Medium
    Jul 1408:30am ETPPI-0.3%High
    Jul 1408:30am ETCore PPI-0.3%High
    Jul 1410:00am ETBusiness Inventories0.9%Medium
    Jul 1508:30am ETCPI-0.1%High
    Jul 1508:30am ETCore CPI0.2%High
    Jul 1508:30am ETEmpire Manufacturing0.8Medium
    Jul 1509:15am ETIndustrial Production.2%Medium
    Jul 1509:15am ETCapacity Utilization76.8%Medium
    Jul 1509:55am ETMich Sentiment71.3Medium

    Earnings Announcements
    DateTimeCompanyMarket ExpectsPriority
    Jul 11After The CloseAlcoa (AA)$0.33High
    Jul 12Before The OpenFastenal (FAST)$0.31Medium
    Jul 13After The CloseMarriott (MAR)$0.37Medium
    Jul 13After The CloseYUM! Brands (YUM)$0.61Medium
    Jul 14Before The OpenJPMorgan Chase (JPM)$1.20High
    Jul 14Before The OpenProgressive (PGR)$0.39Medium
    Jul 14After The CloseGoogle (GOOG)$7.79High
    Jul 15Before The OpenCitigroup (C)$0.96High
    Jul 15Before The OpenMattel (MAT)$0.16Low
    Jul 15Before The OpenWebster Financial (WBS)$0.35Low


    All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.