Monthly Archives: September 2011

Bank of America in financial turbulence, going down… 4 Updates

Bank of America,Too Big To Fail, but, in Too Much Trouble to Save Bank of America (BAC) which proudly stated, “we wouldn’t want to be the Bank of anywhere else,” now may not be so exuberant in its claim.  It … Continue reading

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The stock market the next bubble to pop?

Steven Shiller responds, “it could be.” Based on historical P/E ratios, that may be the case. Additionally, as Shiller has noted with housing, popped bubbles can see prices drop way below long-run trends. Shiller’s Fox Business interview is in this … Continue reading

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Fukushima Nuclear Disaster cost estimates flawed by assumptions and process

The cost of the Fukushima nuclear disaster and the misapplication of statistical science Nassim Taleb, popularized of the term “Black Swan” and a purveyor of knowledge about the misuse of statistics, noted on his website http://www.fooledbyrandomness.com/notebook.htm that; The Japanese Nuclear … Continue reading

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EU & World Leaders working together, at last – 29 Updates

End of the EU Road, no where to kick the can… This was the weekend that we heard from Christine Legarde of the International Monetary Fund (IMF), who after hearing of the European Union (EU) plan to boost the European … Continue reading

Posted in Debt, Economics, EU, Geoff Yuen, Government, Monetary, Philosophy, Politics | Tagged , , , , , , , , , , , , | 1 Comment

Trying to explain the business media’s explanation of today’s market action.

In the end, it’s a perfect storm that we saw coming It’s hard to believe in the efficient markets hypothesis when market participants (who we refer to in aggregate as “the market”) are consistently “surprised.” Either that, or the narrative … Continue reading

Posted in Commodities, Derivatives, Economics, forex, Government, John McClelland, Monetary, Philosophy, Politics | Tagged , , , , , , , | Leave a comment

Is China financially Fragile? Jim Chanos (Kynikos Associates) on China – 3 Updates

GDP spiking, known unknowns, or a potential black swan for those not paying attention Jim Chanos expressed similar concerns to Bloomberg, which we urge you to watch here: Previous Geofftalk.com posts have identified some critical issues regarding China and possible … Continue reading

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Eurozone Imploding: Greece – ICU, Italy – Critical, Spain – Serious, Germany & France – Walking Wounded – 16 Updates

Spain economic problems worsen, Eurozone on very thin ice Spain joins Italy and Greece in the “hold your breath and hope it gets better” club.  Greece could start the collapse of the Eurozone, the financial collapse of either Italy or … Continue reading

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Euro/USD: Lack of debt resolution manifests drama

This is what happens with a lack of any conclusive resolution between the ECB, Eurozone countries and Greece. A near freefall breakout to the downside. And certainly this is not the end. See the previous Geofftalk post (http://geofftalk.com/?p=1220) for more details … Continue reading

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Eurozone like a dying Star, becoming: Super Nova – 6 Updates

Eurozone in ICU: Time for definitive leadership is NOW The Eurozone has quickly moved from weakness, to fragility, to unavoidable catastrophe in just a few years, with an exponential degradation just in the past few months.  Why?  Because European politicians … Continue reading

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Fukushima Nuclear Accident now a Catastrophe – 5 Updates

Fukushima Nuclear Accident continues to worsen – lacks news coverage. Fukushima has strangely lacked news coverage over the past few weeks, while industry coverage has been extensive and becoming more alarming as time passes. Tokyo Electric Power Company (Tepco) has … Continue reading

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