With Tapering Imminent, Spot The Consumer Loans Trend
With the Fed set to begin tapering its "credit creation" or rather enabling, through monetization, of public debt, one would think that US commercial banks, after four years of QE, are finally ready to...
View ArticleGuest Post: What Is Going To Happen If Interest Rates Continue To Rise Rapidly?
Submitted by Michael Snyder of The Economic Collapse blog,If you want to track how close we are to the next financial collapse, there is one number that you need to be watching above all others. The...
View ArticleThe Bubble Watcher-In-Chief Speaks: "No More Bubbles"
“We have to turn the page on the bubble-and-bust mentality that created this mess,” President Obama stated authoritatively in his weekend radio address... but do not get too excited by the possibility...
View ArticleWhat Every Fed Head Will Be Looking At For The Next Month
While it appears to be increasingly likely (odds) that the Fed will Sept-Taper (desperate to use economic data to cover the fact that they are cornered due to deficits, sentiment, and technicals), in...
View ArticleUK Government "Pulverizes" Guardian Hard Drives In Snowden Retaliation, Says...
While the much publicized Sunday morning detention of Glenn Greenwald's partner David Miranda at Heathrow on his way back to Brazil, in a stunning move that as we subsequently learned had been...
View ArticleBitcoin Is Recognized As "Legal Tender" In Germany
Submitted by Michael Krieger of Liberty Blitzkrieg blog,We should have competition in the production of money. I have long been a proponent of Friedrich August von Hayek scheme to denationalize money....
View ArticleRon Paul Explains Why The 2,776 NSA Violations Are No Big Deal
Authored by Ron Paul of The Ron Paul Institute,Thanks to more documents leaked by Edward Snowden, this time to the Washington Post, we learned last week that a secret May 2012 internal audit by the NSA...
View ArticleAsian FX Markets Are 'Turmoiling'; EM Stocks Pushing Lower, Bond Yields Surging
UPDATE: USDINR breaks above 64.00 (20% devaluation in 3 months)Hot money outflows continue to crush most of Asia's currencies this evening led by Indonesia's Rupiah (-1.7%) and Indian Rupee (-1% to a...
View ArticleINFoRMaTioN IS NoT FRee...
. . .By: @blumaberlin “Faith moves mountains, but only knowledge moves them to the right place”--Joseph Goebbels
View Article18 Signs That Global Financial Markets Are Entering A Vicious Circle
Submitted by Michael Snyder of The Economic Collapse blog,You can see it coming, can't you? The yield on 10 year U.S. Treasuries is skyrocketing, the Dow has been down for 5 days in a row and...
View ArticleSpanish Bad Loans Re-Spike To 50-Year High
The surge in Spanish (in fact broadly European) equity and bond markets of the last few weeks has been suspiciously one-way and based (seemingly) on the hopes-and-dreams of the world's liquidity-based...
View ArticlePeter Schiff On Inflation And The GDP Distractor
Submitted by Peter Schiff of Euro Pacific Capital,Albert Einstein, a man who knew a thing or two about celestial mechanics, supposedly once called compound interest "the most powerful force in the...
View ArticleMatt Taibbi On "The Dirty Little Secret" Inside The Student Loan Bubble
On the heels of President Obama’s signing of a measure keeping federally subsidized student loans at a relatively low rate through 2015, Rolling Stone's Matt Taibbi exposes how the high price of U.S....
View ArticleJapan Raises Severity Of Latest (And Greatest) Fukushima Leak To Level 3
Earlier today, when we reported on the latest, and to date largest reported leak at Fukushima, one of roughly 300 tons, we mocked the government's response when we said "don't panic: here comes the...
View ArticleAsian Stocks Sliding Led By 250 Point Plunge In Japan's Nikkei 225
As Australia's Leading economic index data hit, printing 0.0% for its lowest level in 13 months, AUDJPY fell out of bed with a thump and snapped carry-trades that were holding Asian stocks near unch...
View ArticleHow The NSA Scours 75% Of The Nation's Internet Traffic - In One Chart
The NSA - which possesses only limited legal authority to spy on U.S. citizens - has, according to the Wall Street Journal, built a surveillance network that covers more Americans' Internet...
View ArticleBill Ackman's Next Steps On JCPenney In His Own Words (And A Herbalife Bonus)
From Pershing Square's Q2 Letter to Investors released August 20We believe our activist track record, both long and short, is the best of any activist investor of which we are aware.* * *We have had...
View ArticleYou Won’t BELIEVE the Upshot of BP’s Gulf Oil Spill
The alternative media tried to tell you that the chemicals added to the Gulf of Mexico to hide all of the oil were super toxic, and that there was a giant cover-up where BP used the government as a...
View ArticleThe Fed Cannot Possibly "Exit" Without The Market Crumbling
The single dominant belief for investors since 2008 has been that the world’s Central banks will not permit the markets to fall to pieces. There are primary two primary reasons for this: 1) The Fed...
View Article33 Shocking Facts Which Show How Badly The Economy Has Tanked Under Obama
Submitted by Michael Snyder of The Economic Collapse blog,Barack Obama has been running around the country taking credit for an "economic recovery", but the truth is that things have not gotten better...
View Article