thedailybell.com / Staff News & Analysis / August 20, 2014
Government unveils significant stimulus measures to prop up cooling economy Korea … Economic growth decelerated in the second quarter of the year and more recent data indicate that the economy is still losing momentum. …, Although exports have been rising, [...]
mises.org / by Ryan McMaken / Monday, August 18, 2014
The recent civil disobedience, rioting, and police brutality in Ferguson, Missouri reminds us of what happens when police states and bad economics are mixed together.
Devastated by decades of ruinous economic policies, the economies of many inner cities continue to [...]
acting-man.com / Pater Tenebrarum / August 15, 2014
Political Troubles in Bulgaria
We have previously written about “Bulgaria’s Strange Bank Run”, but is appears the saga is not quite over yet, so we are providing an update on the developments since then. Keep also the curious temporal synchronicity with the most recent developments [...]
dollarvigilante.com / Jeff Berwick / August 14th, 2014
Amid the Great Recession Americans can sleep tighter knowing the government can use their tax-revenue to protect them from yet another terror: tents. More specifically the people who inhabit them: the “homeless.”
Thankfully, government has stolen trillions of dollars from naive humans who [...]
zerohedge.com / by Tyler Durden / 08/15/2014 07:05 -0400
There were headlines for everyone this morning, but especially for fans of what is increasingly known as Russia’s “Schrodinger Invasion” of East Ukraine: one which may or may not be happening depending on i) one’s point of view and ii) how one [...]
mises.org / by Dickson Buchanan / Thursday, August 14, 2014
In June, the European Central Bank (ECB) made a historic and downright diabolical announcement. They decided to inaugurate negative interest rates for overnight deposits. Here are the details from the official transcript:
The rate on the deposit facility [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, August 14, 2014 2:45 AM
The recovery in Europe, not that there was ever much of one, is now over. As expected in this corner, Germany Contracts and France Stagnates in Second Quarter.
The data from the currency bloc’s two largest economies came as [...]
zerohedge.com / by Tyler Durden / 08/13/2014 08:05 -0400
With the Russian humanitarian convoy approaching the Ukraine border, there was much confusion yesterday whether Kiev would or wouldn’t allow the roughly 280 trucks carrying “stuff” to enter its territory. The confusion rose yesterday afternoon when Russia’s Lavrov told reporters in Sochi that Russia, after it [...]
dollarvigilante.com / Jeff Berwick / August 12th, 2014
I have alluded for years that a shift in consciousness is happening and will continue to happen. Many called me crazy and said that it would never happen. Well, it’s happening!
In the last few weeks and months, 9/11 truth has gone mainstream [...]
acting-man.com / Pater Tenebrarum /August 12, 2014
Kurdistan Has a New Neighbor – The Islamic State
A mere two and a half weeks ago, Falah Mustafa Bakir, the head of foreign relations for the KRG (Kurdish Regional Government), gave an interview to Vice News that contained several quite stunning statements (see below [...]
zerohedge.com / by Tyler Durden / 08/11/2014 07:42 -0400
That didn’t take long.
A few short days after Ukraine’s always entertaining puppet government, whose very existence is to benefit its western overlords and certainly Victoria Nuland‘s superiors, briefly forgot it has absolutely zero leverage should it alienate not only Russia [...]
thedailybell.com / By Staff Report / August 11, 2014
Fools at the Fire … In the heat, in the still gloaming, we set up camp near a snowbank across from a glacier and a symphony of waterfalls. North Cascades National Park, a few hours’ drive from Seattle, can always be [...]
gold-eagle.com / Jim Mosquera / August 8, 2014
What are governments capable of doing? I ask this question since for many, it seems as if government is an omnipotent force capable of providing anything for its citizens and supporting its empire abroad. It is important to understand the role government occupies within the [...]
trumanfactor.com / Dickson Buchanan, Jr. / 08/08/2014
Last week, on July 30, the Republic of Argentina was declared to be in default for the third time in 30 years.
Let’s put that into perspective. If you were a bank officer who offered a 30-year mortgage to the Government [...]
wolfstreet.com / Don Quijones / August 9, 2014
By Don Quijones, freelance writer, translator in Barcelona, Spain. Raging Bull-Shitis his modest attempt to challenge the wishful thinking and scrub away the lathers of soft soap peddled by political and business leaders and their loyal mainstream media. This article is a Wolf Street exclusive.
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, AUGUST 07, 2014
Investing in oneself and enterprises one actively controls may be the only legitimate deployment of capital that qualifies as an investment in the traditional sense.
Since I’ve been discussing the stock market in general terms (Bull and Bear, etc.), it seems like a [...]
mises.org / by Julian Adorney / Friday, August 08, 2014
To defenders of the state, “anarchy” is a scary concept. They claim that we need government intervention to protect us or all hell will break loose.
But in fact we live anarchy every day, in one of the most crucial [...]
zerohedge.com / by Tyler Durden / 08/07/2014 23:10 -0400
Filed in the “are you kidding us” folder… Chinese exports rose an astounding 14.5% YoY in July (the biggest surge since April 2013 and double the 7.0% YoY expectations). Chinese imports plunged 1.6% to 4-month lows, dramatically missing expectations of a 2.6% YoY gain. [...]
goldcore.com / By Mark O’Byrne / 6 August 2014
The five year accord will see Russia help Iran “organise oil sales” as well as “cooperate in the oil-gas industry, construction of power plants, grids, supply of machinery, consumer goods and agriculture products”, according to a statement by the Energy Ministry in Moscow.
The deal could [...]
zerohedge.com / by Tyler Durden / 08/05/2014 08:45 -0400
While in the US there has been nothing but political propaganda and a constant Obama defense of John Kerry over his disastrous, to date, handling of the deteriorating situation in the middle east, in the UK the internal discord has finally moved beyond merely posturing and [...]
truthingold.com / Dave in Denver / August 4, 2014 at 16:28
Gold loving India is hoarding Swiss gold, and recently accounted for 42% of total gold and silver leaving Switzerland.
According to the Swiss government, its total value of exported gold, silver and coins in the month of June stood [...]
thedailybell.com / By Staff Report / August 05, 2014
There’s No Defense for Today’s Income Inequality … Our political discourse today is riven by the issue of inequality. Some commentators embrace inequality as an inevitable byproduct of free markets. Others say inequality is greatly overstated. Both claims are harmful and deceptive [...]
zerohedge.com / by Tyler Durden / 08/04/2014 22:29 -0400
Having spied on RIMPAC for a week or two, it appears the Chinese imperialist rhetoric is rising once again. China can build whatever it wants on its islands in the South China Sea, Reuters reports a senior Chinese official said on Monday, rejecting proposals [...]
dollarvigilante.com / Jeff Berwick / August 4th, 2014
Excuse us if we are a little bit cynical here at The Dollar Vigilante Blog. But, we are exhausted after panicking about AIDS, SARS, bird flu, swine flu, illegal immigrants (as though a human being can be “illegal”… but don’t get us started) with head [...]
acting-man.com / Pater Tenebrarum / August 4, 2014
The Default is a Minor Problem – Argentina’s Real Problem is Something Else Entirely
By now it is well known that Argentina has been declared in default by the major credit rating agencies. This has happened in spite of the Argentine government actually depositing the [...]
acting-man.com / Pater Tenebrarum / August 4, 2014
The “Healthcare.gov” Boondoggle Keeps Getting Worse
It seems “healthcare.gov” is very likely the most expensive web site ever designed – and it is still not working. The cost for setting up the site is fast approaching the princely sum of $ 1 billion (current estimate: [...]
mises.org / by Dave Albin / Monday, August 04, 2014
Recently, a corn ethanol plant in Nebraska that switched to using cheaper sugar to produce biofuel was sued by local corn farmers. The dispute allows a glimpse into the clashing worlds of subsidized agriculture, and highlights what happens when people make market-oriented [...]
zerohedge.com / by Tyler Durden / 08/03/2014 20:35 -0400
With China’s Manufacturing PMI at cycle highs and Services PMI comfortably in expansion, everything must be ponies and unicorns among the world’s most mal-invested credit-bubble-fueled populace. However, as we have pointed out, discrepancies abound in the data and now desperately sad anecdotal picture of [...]
dollarvigilante.com / JEFF BERWICK / AUGUST 3, 2014
Hello from Anarchapulco,
Well, I fell off, or on, the wagon, alcohol-wise, depending on how you look at life just recently. But I think after what I am about to write you may understand why I might want to have a drink from [...]
policestateusa.com / Site Staff / August 2, 2014
LAKEWOOD, NJ — An impoverished man learned the true nature of government as he watched tearfully as bureaucrats demolished his ramshackle home in the woods. He was bothering no one except the government.
This was the reality that was presented to “Sam,” a 70-year-old homeless [...]