Bitter Pill: The Exorbitant Prices Of Health Care
Instead of asking the endless question of "who should pay for healthcare?"Time magazine's cover story this week by Steve Brill asks a much more sensible - and disturbing question - "why does healthcare...
View ArticleEng£Aa1nd Downgrade: Citi's Take
From Citi's Steven Englander, who confirms what we said previously: the UK is now officially in the hands of the monetary apparatus, which is controlled by, you guessed it, yet another Vampire Squid...
View ArticleRadioactive Waste Is Leaking From Washington's Hanford Nuclear Reservation
And now for a quick lesson in government spending: in the 1940s the federal government created the now mostly decommissioned Washington's Hanford Nuclear Reservation as part of the Manhattan Project to...
View ArticleGold And The Potential Dollar Endgame Part 3: Backwardation And Gold
Authored by Joe Yasinski and Dan Flynn of Gold Bullion International,In part one of our series we discussed stock to flow dynamics and their impact on the gold price. To briefly refresh, the stock to...
View ArticleLate Friday Humor: Quantitative Easing Simplified
With recent (post-Minutes) chatter of a gradually-tightening Fed since curtailed by a plethora of Federal Reserve market savants jawboning us back to creditopia - "the liquidity must flow"; we thought...
View ArticleDow 20,000 Only a Matter of Time
By EconMatters Dow Record in sight We are 200 points from breaking a new high in the Dow Industrials which got me looking back at assets over the last 25 years in relation to the value of the US...
View ArticleAl-Qaeda's 22 Tips For Evading Drones
This document is one of several found by The Associated Press in buildings recently occupied by Al-Qaeda fighters in Timbuktu, Mali. Written by Abdullah bin Mohammed, apparently with God’s help, with...
View ArticleGuest Post: Why Wasn’t There A Chinese Spring?
Submitted by Steve Hass of TheDiplomat.comWhy Wasn’t There A Chinese Spring?It has now been two years since the self-immolation of the Tunisian street vendor, Mohamed Bouazizi, provided the spark that...
View ArticleWhy A China Crash May Be Imminent
Those silly enough to believe that China's economy has "recovered" should at least been given some pause by this week's events. For China surprised the market with moves to reduce liquidity in the...
View ArticleMemo To Japan: It Is Going To Be A Cold, Expensive Winter
Two weeks ago we showed that while the short-term gains generated by the Japanese stock market are welcome, the impact of Abe's synthetic "wealth effect" is far less than generally accepted for one...
View ArticleFred Mishkin's "Outside Compensation" List Revealed
Perhaps the most memorable outcome of the 2010 movie "Inside Job" by Charles Ferguson, was the historic humiliation of former Fed governor and current Columbia University professor, Fred "Napoleon...
View ArticleWith Rehab Still Nowhere In Sight, Fed Floats a "First Step" Trial Balloon
Equity market volatility over the past two days is largely due to worries that the U.S. Federal Reserve will lessen its purchases of longer-dated Treasuries, thereby reducing the flow of fresh cash...
View ArticleTechnical Analysis of the Natural Gas Market
By EconMatters Near-term Double Top Natural Gas closed Friday at $3.35 per mmBtu and has been on a three month downtrend from the $4 level where it put in a near-term double top in October and...
View ArticleThe Meaning of Moody's Downgrade of the UK: Nothing
Moody's took away the UK's triple A rating late Friday. A ratings downgrade has long been rumored, and although the timing is always surprising, the move itself has long been anticipated. Sterling...
View ArticleIs 3.80 The Scariest Number For The Bulls?
'Nothing can stop us now' appears to be the message we are being fed as Bullard et al. confirm we should rest assured that the Fed will pump as long as there's a sun in the sky. However, there is a...
View ArticleAmerica's Tragic Future In One Parabolic Chart
When it comes to forecasting the long-term trajectory of the US economy, things usually get very fuzzy some time after 2020 because, as even the most hardened optimists, the "impartial" Congressional...
View ArticleWhen The Fed Has To Print Money Just To Print Money
While the topic of net Fed capital flows, and implicit balance sheet risk has recently gotten substantial prominence some three years after Zero Hedge first started discussing it, one open question is...
View ArticleThe Fed Has Succeeded... In Blowing Another Bubble... Which Will Lead to...
The Fed just realized it’s in big trouble and needs to manage down expectations of further stimulus. As we noted earlier this year, the Fed, while attempting to appear committed to endless money...
View ArticleEric Sprott: Is the West Dishoarding Its Sovereign Treasure?
Submitted by Adam Taggart via Peak Prosperity,We are well into the financial crisis. Everyone’s trying to keep it together, even though it would appear from the reading of the economy things are not...
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