Martin Hutchinson | TalkMarkets | Page 9
Columnist at The Bear's Lair
Martin O. Hutchinson is an investment banker with more than 25 years’ experience, Hutchinson has worked on both Wall Street and Fleet Street and is a leading expert on the international financial markets. At Creditanstalt-Bankverein, Hutchinson was a Senior Vice President in charge of the ...more

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China’s Coming Austrian Collapse
China will soon be faced with a massive credit crisis, as it can no longer borrow to prop up its fictitious shell of an economy.
The Corporate Governance Model Is Broken
The last three decades have supposedly made massive improvements in corporate governance. Well, whatever that is, it doesn’t seem to work in any rational fashion.
Towards A Better Banking System
I believe it is likely that the over-leverage of the last decade and the lack of true reform in the banking system will lead to another financial crisis.
Engineering Must Beat Financial Engineering
Michael J. Dell is said to be bringing Dell Computer back to the stock market, at a valuation several times that at which it went private.
An Honest World Without Hedge Or PE Funds?
Hedge funds and private equity funds have been the big winners in attracting money over the past 20 easy-money years.
Nearly Time For A Gold Standard Referendum
The economic effect of a Gold Standard would be highly salutary. It would collapse the value of the malinvestment of the last two decades, in real estate, stocks, junk bonds and elsewhere.
Shadows Deepen On EU Economy
Most EU countries are rich and highly productive, with specialized industries other countries would die for. Yet the bloc’s economic track record has been mediocre in the past decade and looks likely to become considerably worse.
The Bear’s Lair: Tumbril Time For King Dollar
Larry Kudlow, the President’s new chairman of the National Economic Council, is a well-known proponent of the idea of “King Dollar.”
The Qing Dynasty Approach To Monetary Management
To grow in terms of improving the living standards of its citizens, a capitalist economy needs a constantly increasing amount of capital, at least a sufficient amount to keep up with growth in the available labor force.
The Bear’s Lair: De-Globalization Gathering Momentum
President Trump’s sudden announcement of tariffs on steel and aluminum is by no means unprecedented – Presidents Reagan and George W. Bush took similar actions.
The 1820s Are More Relevant Than The 1950s
Today’s economy requires economic policies and management of similar quality to that of 1815-25. It is by no means certain that we will find them.
The Bear’s Lair: Ferment Brings Us The Future
Today’s tech sector has become a slow-moving behemoth dominated by large companies, with a symbiotic link through lobbyists to the government, reciting conventional pieties while very little innovation takes place.
Debt And Taxes Become More Inevitable
Even with fiscal and monetary legislation as above, it will be a long and difficult task to return the Federal Budget to balance.
The Bear’s Lair: The Secular Stagnation That Wasn’t
A productivity problem which solves itself within three quarters of a new regime of better policy being instituted is hardly “secular stagnation.”
The Bear’s Lair: Neither A Borrower Nor A Lender Be
According to a Fed report this week, U.S. consumer credit increased $28 billion in November, the largest rise in 16 years, with credit card debt rising at annual rate of 13.3%.
The Bear’s Lair: Crashes And Depressions In 2018
2018 looks to be a jolly year, it has the potential for no less than four kinds of financial disaster.
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