theeconomiccollapseblog.com / By Michael Snyder / March 1st, 2015
Can you imagine a world where your home, your vehicles, your appliances and every single electronic device that you own is constantly connected to the Internet? This is not some grand vision that is being planned for some day in the future. This is something […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Sunday, March 01, 2015 7:09 PM
This entire notion that you can take bad assets from a bank and put them in a “bad bank” to make everything well, is ridiculous. Today we see yet another failure of the construct.
Reuters reports Austria Imposes Debt Moratorium on Heta […]
shtfplan.com / Mac Slavo / February 27th, 2015
Should the world as we know it ever fall apart as a result of an economic collapse, a massive natural disaster, cyber attack or widespread pandemic there will be millions of people looking for food, clean water and other essential resources.
The cities will be plagued with […]
goldsilverworlds.com / David Smith / February 26, 2015
In just about every state, it’s the law that you must wear a seatbelt when driving down the road. Putting aside the question of whether the government should mandate this, most of us understand that the reasons for individually choosing to do so are valid.
zerohedge.com / by Tyler Durden / 02/27/2015 08:18 -0500
Yesterday, when we observed the latest record plunge in the Ukraine currency…
… we predicted that the imploding, hyperinflating nation will “halt currency trading any minute.” Again, because recall that this is precisely what Ukraine central bank head Gontareva did the day before, when the […]
goldcore.com / By Mark O’Byrne / February 26, 2015
Most likely undiscussed in the EU report is the role it has played in Ireland’s long, drawn-out recession. High taxes in Ireland are stifling economic activity and the ability of households to pay their debts.
These high taxes are a direct result of EU institutions bullying […]
mises.org / Ryan McMaken / FEBRUARY 26, 2015
Yet again, the government wants to fix a problem that doesn’t exist. According to the Obama administration and the FCC, it is necessary to regulate internet service providers so that they don’t interfere with people’s access to the web. The claim immediately prompts one to ask: […]
mauldineconomics.com / BY JOHN MAULDIN / FEBRUARY 24, 2015
Some things never change. Here is Eugen von Böhm-Bawerk, one of the founding intellectuals of the Austrian school of economics, writing in January 1914, lambasting politicians for their complicity in the corruption of monetary policy:
We have seen innumerable variations of the vexing game of trying […]
zerohedge.com / by Tyler Durden / 02/25/2015 07:22 -0500
After the new Greek government fought valiantly a la David vs Goliath for several weeks, only to cave in the last minute and admit that the best it can do is continue the much hated policies of the predecessor Samaras government by extending the Greek bailout […]
bullionstar.com / by Koos Jansen / 23 Feb 2015
The latest Indian Bullion Bulletin has just been released wherein the chairman of the Shanghai Gold Exchange (SGE) Xu Luode presents the SGE’s international ambitions – read below.
The Chinese government regards the gold market as an indispensable component of China’s financial market and attaches great […]
zerohedge.com / by Tyler Durden / 02/24/2015 06:44 -0500
EU COMMISSION SAYS GREEK LIST `SUFFICIENTLY COMPREHENSIVE’ COMMISSION: GREEK LIST STARTING POINT FOR REVIEW CONCLUSION
So one can say that can has been kicked for another four months.
* * *
There was the usual dollop of confusion yesterday, when the dispatch of the […]
acting-man.com / Pater Tenebrarum / February 23, 2015
Greek Government Seemingly Blinks
Alexis Tsipras has tried his best to sell the outcome of Greece’s negotiations with the EU to his voters over the weekend. As far as we can tell, the Greek government hasn’t achieved even a single one of its aims so far. The […]
goldcore.com / By GoldCore Research / February 20, 2015
* Greek Bank Runs Accelerate as Possible ‘Grexit’ Looms * Fatigue with Greek Crisis Breeding Massive Complacency * Government in Kiev Forced to Take Diplomatic Approach * Ukraine a Significant Setback for NATO * Regional War in Eastern Europe Averted for the Moment * Middle East, […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, February 19, 2015 9:40 PM
No-Confidence Vote in France Fails
French President Francois Hollande took an unusual step on Tuesday of passing a law by decree, with no parliamentary vote.
Article 49.3 of the French constitution allows that, but doing so runs the risk of a no-confidence […]
zerohedge.com / by Tyler Durden / 02/20/2015 06:47 -0500
With the new and revised (until it is re-revised again to some future date), Greek D-Day set for today’s third in the past 2 weeks Eurogroup meeting, every favorable headline serves as a springboard for ES-buying algos, while every negative headline is promptly ignored. And […]
acting-man.com / Ramsey Su / February 18, 2015
On Shaky Ground
Real estate does not crash, it is real estate financing that crashes.
Easy sub-prime mortgages caused real estate prices to artificially appreciate, lack of even-more-sub-than-sub-prime financing caused prices to come back down. Real estate did not crash, the sub-prime mortgage market did. During the […]
mises.org / Gary Galles / FEBRUARY 18, 2015
In public policy discussions, the words independence and dependence make frequent appearances. Given that American political ideology has in many ways been defined by the Declaration of Independence, Americans naturally think of independence as good and dependence as bad. As a consequence, arguments to implement government […]
thedailysheeple.com / John W. Whitehead / February 17th, 2015
None of us are perfect. All of us bend the rules occasionally. Even before the age of overcriminalization, when the most upstanding citizen could be counted on to break at least three laws a day without knowing it, most of us have knowingly flouted the law […]
zerohedge.com / by Tyler Durden / 02/17/2015 08:54 -0500
Those who thought yesterday’s trial balloon headline barrage would be bad, you ain’t seen nothing yet. It all started with Spain’s economy minister who knows if the Greek revolt gains traction his career will be cut short by a Podemos surge, said:
THERE IS NO […]