Muckraker of the Financial System

I have published on two other prominent financial websites, Seekingalpha.com (as Gary A) and at Businessinsider.com. I muckrake the banking system and found premeditated causes for the housing bubble and subsequent meltdown. I am married with 4 grown children.

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ALL CONTRIBUTIONS

E Modern Monetary Theory And Its Bad Assumptions
Modern Monetary Theory, or MMT, makes assumptions that are simply not valid. Modification is in order.
Read
E Trickle Down Didn't Work For Trump, Bush And Hoover. Here's Why
Productivity is not growing because capitalists are not investing due to weak demand. Therefore, trickle-down cannot work.
Read
E Capitalism: Problem, Solution, Or Both
There are problems with government and capitalist responses to the challenges faced by the economy. It isn't a problem of fairness, as Fox News would lead you to believe. It is about real demand and the health of the economy.
Read
E Why Tariff War Success Will Bring Economic Damage
If a tariff war succeeded in improving the trade balances that the USA has with foreign nations, it would cause a shortage of Eurodollars. That would result in a slowing world economy. The real US economy GDP is only $5 trillion.
Read
E Jim Cramer Slides To Dark Side On China Tariffs
The attempt to monitor China will turn out to be very damaging. If Trump is serious about this hard line, America will be the loser, as China is already losing and is making adjustments. We are in the first half, and a good coach makes adjustments.
Read
E A GDPNow Chart Worth Watching
The chart is helpful as a current measurement, with no lag. How accurate it is going forward is important, because huge quarter upon quarter drops in investment could result in a recession.
Read

Comments

Latest Comments
Have We Already Passed World Peak Oil And World Peak Coal?
4 hours ago

Sobering, yet fascinating read. I suppose subsidies for energy producers, subsidies for energy buyers, or even helicopter money would be needed if the decline continues. Even lightweight cars with durable protection could reduce the energy needs of many.

Asia Is Bonding, Opposite Of Trump's Hope
5 hours ago

Update: The weak link in Asian cooperation remains India and Pakistan. If those nations would think globally, and some in both nations have, instead of being at each other's throats over terrorism, Asia could move forward at a faster pace towards a comprehensive growth. Asia's strength is in its potential for massive growth and prosperity.

Step Aside Volkswagen: Ford Finds "Problem" With Emissions Testing; Stock Slides
1 day ago

There is nothing that breeds confidence like a car company that does not know what it is doing.

In this article: F
How Soon The Recession?
1 day ago

Interesting news about Deutsche Mess.

Not Even PBOC Supports Yuan’s Reserve Role
1 day ago

Chinese companies have huge dollar denominated debt. Weaken the currency and those companies wag the dog, the USA! If Trump tries to run roughshod over China, that will be a likely result.

Rising Debt And Falling Spending Are Troublesome
1 day ago

There is doom and gloom because a lot of these folks are tied to student loans, not just higher taxes. So it is a double down effect.

How Bond Vigilantes Really Think
1 day ago

Well, I question this article. Art Cashin warned bond vigilantes a few months ago to behave. That means they exist, but they are cautiously unwilling to buck Cashin, since Cashin''s main concern is to protect the collateral.

Canadian Lagging Exports And The Future Of The Canadian Dollar
1 day ago

Prof, suppress wage gains? That is what the Fed has been doing a long time. Why did the Bank of Canada favor workers? Well, it was the right thing to do, but it blew a giant housing bubble and also made Canada less competitive due to unforeseen changes. I am sorry, but Trump as also done a number on Canada and it is a very disgusting way to treat your neighbor.

SOFR Replaces LIBOR
2 days ago

Doesn't Libor measure stress in the system? I read concerns that SOFU will not perform that function.

High-Powered Money (100 Years Of Stability)
3 days ago

So true. If the MMT folks think excess reserves are increasing the money supply they are deluded. As Jeffrey P Snider has said, excess bankreserves are sterilized dead money, exchanged for bonds. Of course the MMT people promise to back off when they see inflation. Question is, how much inflation do they have to see before they back off?

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Gary Anderson Commented on Have We Already Passed World Peak Oil And World Peak Coal?:

Sobering, yet fascinating read. I suppose subsidies for energy producers, subsidies for energy buyers, or even helicopter money would be needed if the decline continues. Even lightweight cars with durable...

more
Gary Anderson Commented on Asia Is Bonding, Opposite Of Trump's Hope:

Update: The weak link in Asian cooperation remains India and Pakistan. If those nations would think globally, and some in both nations have, instead of being at each other's throats over terrorism, Asia c...

more
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PERSONAL BLOG

Latest Posts
Socially Responsible Investing As Alex Jones Is Banned
Social investing practitioners would generally be in favor of banning someone who exhibits racial or ethnic hatred against whole groups of people. It is good to look at Facebook and at Google and compare the two with regard to social concerns.
Hitler Economics In The Age Of Trump
There is a case to be made for sovereignty and mutual respect of sovereign nations, but just not in the way that Trump has made it. There is a benign sovereignty and a belligerent and hostile sovereignty. Is POTUS very dangerous or Hitler-lite?
Peter G. Peterson Turned Entitlement Into A Bad Word
Peter G. Peterson was a philanthropist for the wealthy, a reverse Robin Hood
The Cult Of Tesla's Elon Musk
I focus here on Elon Musk, because he is likely the the most powerful cult leader in America, other than perhaps Donald Trump. Elon Musk seems to be able to make outrageous statements and still retain his followers.
Trump Administration's Strange Response To Ford Relocating To China
Trump Embraces Ford Focus production in China when it railed against them being produced in Mexico. Why is this?
It Is Getting Serious With POTUS: Deep State Versus Russia Connection
It appears that Steve Bannon is now courting favor of the White House. I wrote about how radical he is as he has espoused a libertarian economic agenda on steroids.
The Curse Of Trump Is In Cutting Back On The Poor
The United States is a prosperous nation. But attacking the poor is not the way to remain prosperous. It has been tried before with disastrous results.
Tourism And The Trump Letter To Renegotiate NAFTA
NAFTA renegotiations are unleashed. But Canada and Mexico are our greatest tourist partners.

Work Experience

Blogger
Examples of Globalization Blog
2010 - Present (9 years 3 months)

On my blog I discuss the past housing bubble, the crash and future housing bubbles and scams. Offering easy money loans should be against the law but is not. Selling bogus AAA rated bonds should have been prosecuted but the scheme came from the bankers at Basel 2. You can't go higher than that. http://www.examplesofglobalization.com

Education

University of California, Santa Barbara
1967 / 1970
Political Science & Government

Publications