Gary Anderson - Comments
Muckraker of the Financial System
The Fed knew about the housing bubble before it burst but lied and said they didn't: Bill HR 1424 to buy bad paper (eventually called TARP) was introduced in March 9, 2007, before there began to be bad commercial paper from private subprime RE loans, in August. I have published on two other ...more
Latest Comments
Trump May Be Wrong About Winning A Trade War
7 years ago

It is surreal. During his interview with Chris Wallace, Navarro said he was going to upset the global order. He said:

"And my job at the White House is to help the president get jobs, good jobs, manufacturing jobs to the working men and women of America, and we can't do that unless we UPSET THIS EXISTING WORLD ORDER, which basically is tremendously biased."

He previously said no country would retaliate for the trade sanctions on steel and aluminum. He thought it would be a win for Trudeau that Trump even go to Canada. What is that guy smoking? He is a very dangerous man. Very dangerous.

Then Trump says, "we have a world to run". How about he run his nation and leave others to put their nations first as well. These guys in the white house are radicals. They want to upset the existing world order. That will devastate farming in America, and will devastate the job prospects for millions of people. And it will raise prices and manifest the inefficiency of protectionism, Prof.

In this article: AAPL
Trump May Be Wrong About Winning A Trade War
7 years ago

As an American I apologize to you for the idiots we choose to rule us, Prof. Since this article was written, Trump, through his minions, has insulted Trudeau in ways unimaginable. Kudlow saying Canada is stabbing America in the back is simply unacceptable. Trump should apologize for, and fire Peter Navarro, chief trade adviser, for saying there is a special place in hell for the prime minister of Canada. This is not diplomacy, and can you imagine a leader saying the same about Trump?

In this article: AAPL
Beyond Cryptokitties: The Future Of ERC-721 And Ownership Of Unique Assets
7 years ago

Nothing is worse than a bitcoin with a suspect history. That is truly the only thing I understood about this article. Does the author own Bitcoin?

USD/CAD Forecast June 11-15 - Canada’s Issues Are Growing
7 years ago

The Fed looks like it may be Trump's silent partner. If this comes back on the American people we shouldn't forget.

Time To Recognise The Economic Impact Of Ageing Populations
7 years ago

I agree James. What better way to get people to spend than to give older people with time on their hands the opportunity to spend. That was done in the 70's and 90's when social security was generous. Now it administered by skinflints.

Are Elon Musk And Tesla Ready For The Future?
7 years ago

You seriously want to own an autonomous car? Your analysis of Tesla is great. But just because people want to eliminate drivers does not mean they will be eliminated. A more sceptical view of autonomous cars is in order. If someone wants to gamble on autonomous cars as an investment, they should go into that sort of investment with eyes wide open.

In this article: TSLA
Why Electric Cars Help The Shale Revolution
7 years ago

This is a very interesting article. There are other faxtors that would dtermine the price of gasoline. However, the electric car could very well impact exploration and oil price. I wouldn't sit on a giant lithium battery, but lots of folks don't seem to mind.

In this article: XOM
A Reminder Of Why It’s The G-7 And Not G-8
7 years ago

I personally think sanctions are warranted for interfering in American elections. But, while I am no fan of Trump, sanctions because of Crimea seem to be hypocritical. The USA has been continuously at war in the middle east for over 15 years. Russia makes very little war by comparison. This is just a case of empire sanctioning a threat to empire. Sad, isn't it? And Russia has been bringing order to the middle east compared to Hillary Clinton campaigning to arm friends of ISIS. I am not privy to all the details and likely attrocities committed by Russia, but certainly it is nice to see ISIS being clipped back, and that was not going to happen under American oversight.

Time To Recognise The Economic Impact Of Ageing Populations
7 years ago

I argued for helicopter money because the derivatives will make debt jubilee difficult. It is amazing that Trump wants to jettison DACA kids when we need more kids. He obviously is clueless when it comes to econkmics. Thanks for the article.

The Myth That Central Banks Assure Economic Stability
7 years ago

I think Central banks liquidate and it is hurtful and dishonest and favors the wealthy cronies. But this article has become a defense of cryptocurrencies instead of an analysis of central banks.

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