Well, it has been more than 15 years of 'no warming' now. Time to get worried? You betcha. A new paper by Dr. Trenberth acknowledges the importance of the so-called Pacific Decadal Oscillation in determining temperature cycles.

We already alluded to Ben Bernanke's admission that he once again suffers from advanced bubble blindness, but there were a few more pronouncements contained in his final speech as Fed chairman that are worth looking at

We merely want to point out that the World Bank has joined the chorus of optimists who hope it will all be 'business as usual.'

Self-similar patterns are fairly frequently observed in the stock market but are they predictive?

Real estate bubble, sub-prime mortgages, securitized products and their derivatives were largely responsible for the ultimate collapse, leading us the the economic conditions of today. Policy makers and investors alike were, and still are, basing their actions on a false set of commonly accepted myths.

French government spending and public debt to GDP ratio at new record highs

The effects of the massive monetary inflation of recent years are so far mainly reflected in asset prices.

The French not taking it anymore.