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Mish's Global Economic Trend Analysis: Reader Question: Does the.

MishTalk

Minyanville Business and Market News. Balanced Budget Ammendment Sign the Balanced Budget Petition. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Reader Question: Does the Fed Balance Sheet Properly Reflect QE Announcements? Feds Balance Sheet.

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10 Flaws with Mainstream Economics

Tom Spencer

The justification for the status quo is usually that “all models are wrong, but some are useful” While simplistic assumptions do make for easier math, and can help to predict market outcomes in stylised scenarios, the real world is both complex and dynamic. This may not be the same as maximising profits. Willingness to pay.

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What If Companies Managed People as Carefully as They Manage Money?

Harvard Business

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. One way to do this is to measure the cost of meetings. Vincent Tsui for HBR. Financial capital is relatively abundant and cheap.

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FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

Minyanville Business and Market News. Balanced Budget Ammendment Sign the Balanced Budget Petition. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Following is a snip from the June 18-19, 2013 Minutes of the Federal Open Market Committee , released today. Daily Bell.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

Unlike national oil companies and oil majors that typically take five to 10 years to develop conventional oil reserves, these independent and “unconventional” players have improved their drilling and fracturing technology to the point where they can respond within months to temporary spikes or dips in the market. The soaring U.S.

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Greece Played Germany Like a Violin; Horrified Syriza Demands 'Icelandic' Default

MishTalk

The Bank of Greece has not published the end of May balance sheet yet. Horrified Syriza Demands 'Icelandic' Default Today we learn the EU is calling an emergency meeting. Here is a small snip from my July 7, 2011 article Trichet Says "No" to Selective Default. It's also a little more than 2 times ECBs equity.

Banking 28
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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Bond Girl, using the Twitter handle @munilass, had been posting commentary about state and city borrowing and issues beyond public finance since April 2011. That said, the rating agencies and most other market participants still appear to be light years away from understanding the true scope of Chicago’s financial problems.