Whereas my feature articles and public presentations provide a view of my longer term economic analysis, and my blog entries intermediate term, those interested in my very short term reflections on the US and global economy may find my twitter account remarks of interest. The following are my twitter entries for the month of March, 2014 (join me on twitter for future remarks, available on this blog’s sidebar).
MY TWEETS FOR MARCH 2014:
#China So goes German economy, so goes Europe! But so goes China economy, so goes Germany. Will China slowdown mean Eurozone stagnation?
#QE As US ‘tapers’, is global QE dead? No. QE2 in Japan inevitable + new Eurozone banking union & deflation=coming to Europe as well-in 2015
#Germany While Obama-US worry re. German-Russia trade now at $100 bil., China visits Berlin to expand German-China trade already at $200bil.
#Ukraine Read my analysis of details of IMF-Ukraine package terms at my blog at http://jackrasmus.com
#Ukraine Is Obama-Putin deal in the making? No NATO in Ukraine(yet); no invasion of eastern Ukraine(for now); keep fascists out of new Govt
For my analysis of today’s 3-27 IMF Deal on the Ukraine read my ‘Ukraine’s IMF Deal Means Greece-Like Depression’ at http://jackrasmus.com
US housing starts (investment) falls 3rd consecutive month + new home sales flat or falling for five months =more US real investment decline
US capital investment spending drops -1.3%, vs. consensus forecast of 0.5%, more indication of slowing global investment and future growth.
Eurozone QE is now inevitable, as German Central Banker, Wiedmann, signals OK if drift toward deflation continues (also inevitable).
Rumor of China new stimulus-more infrastructure spending & money injection. Same larger package didn’t work ’13, why should it work in 2014?
Emerging markets betting on yet another China stimulus to offset its slowing economy. Will it come? 60-40 says ‘no’.
China manufacturing declines again, for sixth consecutive month. Eurozone continues to choke on Ukraine crisis. Emerging markets churning.
#Ukraine. My ‘Alternative Visions’ radio shows of 3-22 and 3-15 on Ukraine economy are archived for download at http://www.alternativevisions.podbean.com
#Ukraine. For more on analysis of Ukraine economic crisis, listen to my weekly ‘Alternative Visions’ radio show at PRN.FM
For my in-depth analyses of Ukraine economic crisis, see my ‘Who Benefits, Who Pays?’ at website http://www.kyklosproductions.com
History will show Obama biggest foreign policy blunder:let US Neocons drive US policy & US lend support to proto-fascist led coup in Ukraine
Growing possibility that Ukraine crisis, if continues, will push Eurozone into its ‘third dip’ recession by late 2014. Odds = 50-50.
Euro to rise as money flows into currency from China’s central bank,from emerging market capital flight, & EU businesses move to sidelines
Eurozone negatives growing–Ukraine crisis worsening, Euro rising, Draghi refusing to intro QE, and China, Germany’s biggest export, slowing
Is US heading for faster ‘disinflation’ (or deflation later?). Producer prices fall 0.2% in Feb. and rise only 0.9% for year.
#ChinaEconomy. Global markets plummeting today on China econ news. Want to know why I predicted it weeks ago? Go to http://www.alternativevisions.podbean.com .
#Ukraine Big Italian Bank, Unicredit, posts record losses and lays off thousands. Unicredit among biggest EU banks with exposure toUkraine
Breaking news: CIA charged by Senate with spying on Congress and secretely deleting 800 pp. of Congressional documents from Senate computers
#ukraine. Deep causes behind Ukraine crisis-USA nervous Germany/EU growing gas/oil ties to Russia. USA wants to export its gas to EU instead
#Ukraine crisis will turn violent, stopping fragile EU recovery in its tracks. ECB (aka German central bankers) won’t intro QE
US ’13 GDP growth based on false inventory surge now waning.
Credit based US consumption not sustainable. Rising gas/food prices=further hit
Latest Japan GDP growth comes in below forecasts by government and experts.
More evidence of slowing global economy.
Confirming my prediction China’s slowing economy: Feb. -18% record fall in China exports. See my 3-1-14 radio show http://alternativevisions.podbean.com/
Re US Economy, when economists have no real explanation (and politicians want to hide the truth), they always turn to ‘Weather Metaphors’
As Japan real economic growth slows (now 1%), watch for second round of QE2 (deja vu the Fed circa 2010-11 anyone?)
As Eurozone drift to deflation continues (assured with coming Ukraine bailout and Russia sanctions), the ECB will introduce version of QE
US business press now raising idea of a China ‘Bear Stearns’ moment, as defaults loom in wake of debt and asset bubbles
Ukraine foreign exchange reserves being depleted $4b per week. Only $12b left. Will EU and US ‘backfill’, or will currency collapse before