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Gary Anderson's Talkmarkets Articles by Subject

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I have written a lot of vetted articles that are exclusive** to Talkmarkets. Sorting a portion of them by subject will give the reader an opportunity to make sense of it all. I am adding a glossary of terms at the bottom of this page.

For readers interested in economic subjects of the day, these top 30 themes are my efforts to make understanding economics easier:

1. Housing and AI Bubble Causes:
Fed Premeditated Mispricing of Risk in Housing, Oil, Junk Bonds and Other Markets 

The Great Artificial Intelligence Bubble and Scam

2. Great Recession causes:
The Federal Reserve Knew LIBOR Was Exploding in 2007 and Did Nothing
LIBOR Destroyed Subprime, But the Fed Deepened the Great Recession
Proof the Federal Reserve Was Responsible for the Housing Bubble and Crash
3. Tracking a Potential New Housing Bubble:
How to Track the Trump Housing Bubble

This Is What Jamie Dimon Wants for Housing

4. History of Hoarding the New Gold (Tr…

Fed and Trump Fail the Eurodollar Market

The Eurodollar market is a huge offshore money market that also operates in NYC through international banks. This market uses American dollars deposited offshore (Eurodollars) and has, over time, exposed the Fed as a big failure. It turns out that the Eurodollar market has revealed its disappointment over the years with QE and with the Fed. It has shown that QE is not really money printing. First, an explanation of the Eurodollar market is helpful:


One of the biggest reasons the eurodollar market is popular is that eurodollar deposits are not subject to American banking regulations. Because the deposits are outside of the United States, the banks holding these deposits do not have to adhere to the Federal Reserve's reserve requirements, and the Securities and Exchange Commission does not regulate eurodollar securities.Many banks and corporations find the lack of regulation attractive because it lowers costs, increases flexibility, and allows for creative structuring of financial in…

Unstable Repos and the London Connection

I ran across a great article by Jeffrey P. Snider that was not posted to Talkmarkets. He has many astute articles regarding Fed behavior posted here at Talkmarkets and people should read them anytime they have the opportunity to do so. But this article posted elsewhere was certainly an eye opener to me. It has to do with a subject he often covers on our website, repo fails.

I want to first mention that at the end of this article we can see what this disturbing wholesale financial market is doing to the world economy, and we can see that most of this trading is done in the Square Mile, as London is the seat of world finance.*

Repo fails result from counterparties failing to deliver US treasury bonds for a deal. Often, the counterparties see treasury bonds of various maturities being more valuable than the cash they would get in the loan they request. When the bonds are special, they are in massive demand. They are hoarded. When the repo failures reached a peak, in the liquidation of t…

Geopolitical Risk Rises In The Americas: Mexico's Nuclear Capabilities

This article was published to my personal blog at Talkmarkets: http://www.talkmarkets.com/contributor/gary-anderson/blog/global-markets/geopolitical-risk-rises-in-the-americas-mexicos-nuclear-capabilities?post=120057&uid=4798


 Donald Trump has abused Mexico, by refusing to meet with the Mexican foreign minister if he refuses to pay for a wall to trap Mexicans in Mexico. But the East Germans did that before the ending of the Cold War. The idea of paying for a wall to trap your own people is repugnant to the concept of democracy and freedom. Donald Trump is anti Democracy, and people in the USA had better wake up. So this is my letter to POTUS:

Mr. Trump, with all due respect to your office, Mexico has the capability to produce nuclear weapons and we do not even know if Mexico actually had or has nuclear weapons. Your continued abuse of Mexico, saying to that nation that a meeting on trade should be cancelled because Mexico won't build a wall to keep its people in is over the t…

Brexit: Impact on City of London

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This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/global-markets/brexit-impact-on-city-of-london?post=126894&uid=4798

Brexit has received royal assent, and is now the law of the land in the UK. How will this law impact the center of finance in the British Empire, the Square Mile, otherwise known as the City of London?

The Square Mile is the backbone of world finance. Its trading platforms and protection of private property are strong. This gives rise to activity that shields wealth from taxation in home nations. From Reuters writer Peter Apps we see this good and bad assessment of London:

As long as the tide of foreign money sweeping into London is one of the factors pushing up property prices, there is relatively little appetite to change anything. At the end of the day, a very large number of people in the capital stand to benefit from London's growing reputation as the centre of the world for the global elite. As long as it remains on…

Fed Must Stay Independent by Bailing Out the People

This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/economics--politics/fed-must-stay-independent-by-bailing-out-the-people?post=121033&uid=4798

The Federal Reserve's independence is being threatened. The Fed brought this threat upon itself, because it did not trust Milton Friedman, but rather increased the wealth divide by pursuing QE instead. Had the Fed trusted Milton Friedman, it would have bailed out the people with Helicopter Money. At the very least, the Fed would have backstopped small  and medium business and pursued an expansionist policy with regard to the real economy and not just to save the banks.

The Fed is facing ideas put forth by Donald Trump and Steve Bannon. Bannon's ideas are very dark and I will comment further at the end of this article.

The Fed had already incurred the wrath of many because it liquidated the entire economy in the Great Recession as it took down the housing bubble. (It also liquidated the economy in…

It Is a Good Thing Trump Asked About Strong or Weak Dollar

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This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/economics--politics-education/its-a-good-thing-that-trump-is-asking-about-strong-or-weak-dollar?post=121693&uid=4798

Despite press coverage to the contrary, it is actually a good thing that Donald Trump asked national security adviser, Mike Flynn, about the benefits of a weak dollar versus a strong dollar for the US economy. He asked the wrong guy, but at least his question is extremely relevant because of economic stands he has taken or may take in the future. Trump wants the American worker to rebound, economically. So the question is an important one. I believe there is a specific reason Donald Trump asked the question and I share it at the end of this article. The question is important is because Trump wants our exports to succeed. That would require a somewhat weak dollar compared to other currencies. But he wants a strong dollar to strengthen the buying power of the American worker. Th…

Scarcity and the Hoarding of Bonds as Gold in Repo

This article was first published by me on Talkmarkets: http://www.talkmarkets.com/content/bonds/scarcity-and-the-hoarding-of-bonds-as-gold-in-repo?post=120923&uid=4798

Understanding how the repo market works has been covered by multiple online websites, including Talkmarkets, so there are a few repo centered websites listed towards the end of this article that would be helpful to readers interested in the subject. Most quotations below except the discussion concerning the New York Federal Reserve Bank, come from a very helpful British repo educational website, Treasurers.org.

Repo is used by central banks, pension funds, sovereign wealth funds, money markets, insurance companies, banks, hedge funds, at bond auctions, in underwriting bonds, in secondary markets, etc. Before getting into basic issues with repo, we can see that bond yields trend lower in good times and bad, and bond demand in repo markets plays a big part in that demand.

The pressing question regarding the repo mark…