Money & Markets – Week of 10.7.12

Santelli And Shiller On Housing, Animal-less Spirits, And Bernanke’s Impotence
ZeroHedge | 12 October 2012
“We’ve seen rallies that fizzle before” is why Bob “I don’t see the reason to call this a major turning point” Shiller is not calling the bottom in the housing market


Exclusive: EU Insurers Strip Cover from Ships Storing Iran Oil

Reuters | 12 October 2012
Two European insurers have withdrawn cover for tankers involved in the Iranian oil trade


Cash-Strapped Farmers Feed Candy to Cows

Daily Finance | 10 October 2012
Cattle farmers struggling with record corn prices are feeding their cows candy instead.


IMF Sees ‘Alarmingly High’ Risk of Deeper Global Slump

Bloomberg | 9 October 2012
The International Monetary Fund cut its global growth forecasts as the euro area’s debt crisis intensifies and warned of even slower expansion

The International: The Offshore Petroleum Standard
Left Hook | 7 September 2011
The London-controlled Eurodollar market is a convenient vehicle for recycling the huge slush fund of petrodollars generated by the Four Horsemen.

Housing and the Stock Market with Monetary Base Increases
Financial Perspecitves | 8 October 2012
It is an opportune time to look at two asset classes, stocks and real estate, and compare how they performed

The Accountant Who Changed The World
NPR | 4 October 2012
The story of the birth of accounting begins with numbers.

The Iran Hyperinflation Fact Sheet
Cato at Liberty | 5 October 2012
For months, I have been following the collapse of the Iranian rial, tracking black-market (free-market) exchange-rate data from foreign-exchange bazaars in Tehran.

Youth Unemployment: 75 Million Out of Work and Crisis to Continue Until 2016 Warns ILO
The Information Daily | 4 June 2012
Global youth unemployment has hit nearly 75 million, and this will remain persistently high until at least 2016.

The World’s Largest Money-Laundering Machine: The Federal Reserve
Of Two Minds | 8 October 2012
The Fed policy’s first-order effect is to issue hundreds of billions in “free money” to banks; the second-order effect is to destroy the rule of law in the U.S.

Small Businesses Are Finding An Unlikely Banker: Amazon
The Wall Street Journal | 4 October 2012
Lisa Zerr urgently needed funds to upgrade the kids’ merchandise carried by her business, Yankee Toy Box, for Halloween and the holiday shopping season.