Guest Post: Counterfeit Value Derivatives: Follow The Bouncing Ball
Submitted by Zeus Yiamouyiannis from Of Two Minds Counterfeit Value Derivatives: Follow The Bouncing Ball Here is how the counterfeit value derivative con works. It’s a game of “I pretend, you pretend,...
View ArticleJanet Tavakoli | Super Bowl Spirit and a "Football" side note on David Einhorn
Latest from Janet Tavakoli -- Chris Super Bowl Spirit and a "Football" side note on David Einhorn My favorite football introductory book is an out-of-print book by Joe Namath, FOOTBALL for Young...
View ArticleThe European Default Line
By S J Morton macroandcheese.org What the heck is going on in Europe, and why are the peripheral countries putting up with it? Let’s review what has happened over the past dozen years. When the...
View ArticleLess than One-Fifth of All Americans Favor Military or Covert Action Against...
Preface: Roubini says that attacking Iran would lead to global recession. The IMF says that Iran cutting off oil supplies could raise crude prices 30%. War with Iran would kill the American economy....
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Is China's Yield Curve Signaling A Harder Landing?
Following our note on the flattening (and update on the steepening) in the Chinese yield curve (RMB 10Y - 2Y to be specific) last November, we have continued to keep an eye on the relationship between...
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Friday Humor: Waiting For "Magic" Is Now An Investing Strategy
It has long been known that under central planning "Hope" (that Bernanke sees the printer's shadow; that the economy implodes so Bernanke can print; that the economy surges so that Bernanke can still...
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TrimTabs Explains Why Today's "Very, Very Suspicious" NFP Number Is Really...
We have examined the nuance of the euphoric jobs data this morning from every angle and by now there should be plenty of 'information' for investors to make their own minds up on its credibility....
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Martenson Interviews Dines: 'Wealth In The Ground' Is Your Best Bet to...
Submitted by Chris Martenson James Dines: Owning 'Wealth In The Ground' Is Your Best Bet to Surviving the Coming 'Supernova of Inflations' James Dines has been in the business of making bold calls for...
View ArticleFollowing "Very Difficult" Troika Teleconference, Greece Nowhere Near A Deal...
It is not shaping up to be a pleasant weekend for Greek finance minister Evangelos Venizelos, who as a reminder until June 17, 2011 was the Greek defense minister and likely the man responsible for...
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Presenting The Russian Naval Base In Tartus, Syria, Or Good Luck UN Security...
UPDATE: Hardly reassuring (from Bloomberg): *U.S. IS `DISGUSTED' WITH RUSSIA, AMBASSADOR RICE SAYS AT UN The world is suddenly aflutter in its usual fake indignation (how many times have we seen this)...
View ArticleHow Europe Has Evolved From A Democracy To A Bankocracy And Why Austerity...
In one of the clearest (and most optically pleasing) discussions of recent months, David McWiliams (of Punk Economics) succinctly explains how Europe has evolved from a democracy to a bankocracy, the...
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Explaining Yesterday's Seasonally Adjusted Nonfarm Payroll "Beat"
Since there still is confusion regarding yesterday's whopping "surge" in non-farm payrolls, which represented a 243K jump in the Establishment survey (of which 490K was temp jobs, same as in the...
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Freddie Mac Mortgage Predator | Alan Boyce on Inverse Floaters
For Yves Smith Updated -- Below is a note from Alan Boyce at Absalon regarding inverse floaters, a subject that goes to the heart of the debate over whether Fannie Mae and Freddie Mac are preventing...
View ArticleNow Even Greek Politicians Are Taking Cover
Wolf Richter www.testosteronepit.com Greeks yanked €65 billion out of their bank accounts since 2009, Finance Minister Evangelos Venizelos told parliament on Friday. “Of that total, €16 billion has...
View ArticleJuncker Warns Of Greek Default As Europe's Patience With Greece Runs Out
Following up on our report from this morning that according to former Greek defense minister, German submarine chief procurer, and not to mention Jenny Twenty repeat offender, Evangelos "Xanax"...
View ArticleGuest Post: The State of US Surveillance
Submitted by Doug Hornig of Casey Research The State of US Surveillance Lovers of liberty have seemingly had a good bit to celebrate recently. First, there was an unprecedented outpouring of negative...
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Angry Youths Attack House Of Greek President Papoulias; Hurl Rocks, Molotov...
Instead of defaulting a long time ago (when we first suggested it should) when it could have pulled an Iceland, taken a bitter pill, hyperinflated the drachma and in the process delevered overnight, if...
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Europe Rises Up Against ACTA
The widespread protests against the anti-democracy bill ACTA by the Polish people have forced Poland’s prime minister to stall – or perhaps even back out – of the treaty. As TechDirt notes: Following...
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G.O.P. PoSTCaRDs FRoM LaS VeGaS...
. . . INTRODUCING LIEBEROMNEY . . . . THE KING . . . HOPEY HEAD SMIFF
View ArticleFrom the "Greenspan Put" To The "Bernanke Guarantee"
From Bill Buckler of The Privateer The Great Falsification On February 4, the Wall Street Journal ran an article with the title: Investors Place Their Money On Fed. The gist of the article is that the...
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