libertyblitzkrieg.com / Michael Krieger / Oct 30, 2014
Two headlines came across my screens today, which taken together pretty much sum up the effects of policy decisions made by Central Bankers and politicians since the financial crisis. The financial oligarchs got bailed out, and the rich got richer due to decisions made by “leaders” around [...]
zerohedge.com / by Tyler Durden / 10/23/2014 08:51 -0400
If even George Soros is getting concerned and writing Op-Eds, then Putin must be truly winning.
Here are the highlights from what the Open Society founder has to say about the “existential” Russian threat in a just released Op-Ed:
Europe is facing a challenge from [...]
mises.org / by Joseph T. Salerno / Friday, October 17, 2014
There are strong indications that the remarkable run up of asset prices in the last few years is beginning to run out of steam and may be on the verge of collapse. We will leave aside the question of whether the asset [...]
armstrongeconomics.com / by Martin Armstrong / October 15, 2014
When it comes to forecasting, the IMF is virtually always wrong to a large extent. Indeed, often they are spectacularly wrong as was the case with the financial crisis of 2007-2009. Why anyone ever bothers to listen is really baffling. They never admit mistakes and are [...]
acting-man.com / Pater Tenebrarum / October 13, 2014
Derivatives “Stays” – The Next Step in Corralling Investor Funds
We previously discussed the debate over the introduction of new rules that would allow money market funds to stop withdrawals – see “Redemption Gates for Money Market Funds” for details. This debate followed on the heels of [...]
zerohedge.com / by Tyler Durden / 10/10/2014 08:17 -0400
In another well-funded research study, the New York Fed has, via its Liberty Street Economics blog, unveiled its explanation for why volatility is low (obviously missing the Kevin Henry-Citadel dark-pool VIX-slamming machinations that are so evident on an almost daily basis). Their findings are a little [...]
acting-man.com / Pater Tenebrarum / October 9, 2014
Give the Man a Nobel Prize Already!
There’s always something funny to report from the wacky world of our central planning bien pensants, (a.k.a. “high IQ morons” – h/t Bill Bonner), especially when one of them has a sudden personal epiphany he feels he must immediately impart [...]
peakprosperity.com / by Adam Taggart / October 3, 2014, 7:08 PM
Chapter 16 of the Crash Course is now publicly available and ready for watching below.
As detailed in earlier chapters, the US’ debts and unfunded liabilities far exceed its assets. But making matters worse, the country is suffering from a prolonged failure to save [...]
thedailybell.com / By Staff News & Analysis / October 01, 2014
Mass default looms as world sinks beneath a sea of debt … As if the fast degenerating geo-political situation isn’t bad enough, here’s another lorry load of concerns to add to the pile. The UK and US economies may be on the mend [...]
thedailybell.com / By Staff News & Analysis / September 30, 2014
How Eric Holder Failed the Economy … Attorney General Eric Holder, who plans to step down after more than five years in office, has efforts and achievements to be proud of, no doubt, but will probably be remembered above all for something he [...]
gold-eagle.com / Ronan Manly / September 29, 2014
During the financial crisis in September 2008, the gold price rose $50 in one day, September 18, as investors sought refuge in the one asset that they perceived to be a safe-haven of high liquidity and high credit quality. This one day move in September 2008 was [...]
acting-man.com / Pater Tenebrarum / September 29, 2014
Greek Government Worried About Its Survival
Antonis Samaras has a problem: just as the relatively tough austerity medicine Greece was forced to take seems to be beginning to bear some fruit (Greece is the one euro area country where nominal government spending has indeed declined significantly), his [...]
globaleconomicanalysis.blogspot.com / Steen Jakobsen / Sunday, September 28, 2014 8:02 PM
The “elephant in the room” is debt. Try as they might, central bankers have not been able to spur credit, hiring, or much business expansion because of the elephant. Things are even worse in Europe.
Via email, this is a guest [...]
zerohedge.com / by Steen Jakobsen / 09/27/2014 20:03 -0400
Surely not this old chestnut – again?
‘Interest on debt grows without rain’ – Yiddish proverb
This proverb explains most of what goes on in policy circles these days. We are now watching Extend-and-Pretend, Episode VI: Promises for improvement amid [...]
mises.org / by David Howden / Wednesday, September 24, 2014
Lehman Brothers filed for Chapter 11 bankruptcy protection six years ago this month. The event has become famous as the spark that ignited the global financial crisis. Since that date, millions have lost their jobs and livelihoods, and countless others have seen [...]
stawealth.com / Luke Patterson / Friday, 19 September 2014
So what’s the problem?
Bond investing for many has never been more difficult, but not for the reason many think.
Central bankers around the globe began aggressive campaigns of monetary interventions following the financial crisis in 2008. These unprecedented measures to stabilize capital markets and induce [...]
sovereignman.com / Simon Blackon / September 5, 2014
September 5, 2014 Santiago, Chile
Say hello to the next financial crisis, brought to you courtesy of the dumbest new bill of the week: H.R. 5148: Access to Affordable Mortgages Act.
Ordinarily whenever an individual wants to borrow money for a [...]
washingtonsblog.com / August 21, 2014
The Causes of the 2008 Crisis Have Never Been Addressed
We’ve noted for years that Washington never reined in the risky derivatives which helped cause the 2008 crash … and so the big banks hold more derivatives than ever.
We’ve also noted that the financial services industry has bought and [...]
arabianmoney.net / 06 August 2014
What if the crisis in Ukraine becomes a ‘humanitarian rescue’ by the Russian military and energy prices hit the roof?
Oil above $150-a-barrel would crash the teetering Chinese real estate bubble as it did in July 2008 for US subprime loans, and bring Wall [...]
silver-coin-investor.com / Dr. Jeffrey Lewis / Aug 03, 2014
If you can keep your head when all about you Are losing theirs and blaming it on you, If you can trust yourself when all men doubt you, But make allowance for their doubting too; If you can wait and not be tired by [...]