Archives for November, 2014

The End of the Fracking Ponzi is Nigh

The US Federal Reserve’s Free Money policies [Zero Interest Rate Policy (“ZIRP”) and Quantitative Easing (“QE”)] have favoured the provision of debt to the shale oil industry. This is one of many areas of resource misallocation within the US economy and it may be the catalyst for economy-wide disaster. The fracking…

Sell The Banks?

This post is from the Voice of Reason: Gordon Barratt. For those that avidly read the business pages, you will have noticed a building theme of late: beating up Australian banks. Every second article seems to be heralding  that the halcyon days of the banking sector are in the past, for this…