charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, JUNE 22, 2015
Rome didn’t fall so much as erode away. That’s the template for collapse.
While collapse may be sudden, the decay that generated the collapse had been rotting away the foundation for years or decades. In distilling the vast literature on collapse into nine dynamics, […]
davidstockmanscontracorner.com / by David Stockman / June 12, 2015
As documented in Parts 1-3, the Fed has generated a $50 trillion financial bubble since Alan Greenspan took the helm in August 1987. After 27 years, honest price discovery has been destroyed, thereby reducing the nerve centers of capitalism—-the money and capital markets—-to little more than […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, JUNE 04, 2015
Memo to the Fed: you are the enemy of the middle class, capitalism and the nation.
The Federal Reserve is appalled that we’re not spending enough to further inflate the value of its corporate and banking cronies. In the Fed’s eyes, your reason for […]
davidstockmanscontracorner.com / by Kana Nishizawa at Bloomberg • June 3, 2015
When Sean Taylor looks at China’s soaring stock prices, he sees a market more disconnected from economic fundamentals than at any other time in a two-decade career.
His advice to investors? Keep buying.
The London-based head of emerging markets at Deutsche Asset & Wealth […]
bullionbullscanada.com / by Jeff Nielson / Wednesday, 27 May 2015 14:44
Ideologies are extremely slippery concepts. Indeed, they have become (intentionally) categories of quasi-religious dogma which sabotage thought more than they communicate thinking. It is for this reason that the dogma of all these ideological zealots rarely finds its way into any of these […]
acting-man.com / Keith Weiner / May 28, 2015
“The top 25 hedge fund managers made more than all the kindergarten teachers in the country,” declared President Obama in a discussion of poverty at Georgetown University. Calling them “society’s lottery winners,” he proposed to hike their taxes.
Predictably, battle lines have been […]
zerohedge.com / by Veronique De Rugy / 05/27/2015 22:00 -0400
When has crony capitalism really gotten out of control? How about when a major U.S. corporation (a huge defense contractor, no less) is publicly threatening government officials to leave the country if the federal government doesn’t continue to boost their profits through government handouts:
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / SUNDAY, MAY 24, 2015
Ridding the world of Monsanto via a state buy-out would be a boon to humanity.
Capitalism fails in two situations: monopoly and state-capital cronyism. Monopoly extinguishes competition and that effectively extinguishes capitalism.
When the elites of the state and private capital collude, i.e. crony […]
gata.org / by cpowell on 2015-05-18
By Ralph Benko Forbes Monday, May 18, 2015
A recent article in The Week by progressive columnist Jeff Spross, “How Modern Capitalism Killed Self-Reliance,” observed that “the gold standard is a niche enthusiasm rejected by most economists.” Why that is so is curious. The hyperlink to his observation goes […]
zerohedge.com / by Tyler Durden / 05/07/2015 09:01 -0400
When Deutsche Bank’s head of global fundamental credit strategy, Jim Reid, writes a blurb that could have come from any single Zero Hedge article posted here over the past 6 years, it makes us wonder if we, like that Onion, have missed our IPO window.
jonrappoport.wordpress.com / by Jon Rappoport / May 6, 2015
Imagine this fantasy. In Indiana, all citizens are under the gun. They must work in factories where the wage is 20 cents an hour. There are no unions. When unions start to form, the leaders are arrested or killed. Employers and the state government provide unsanitary […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, MAY 04, 2015
Collaboration, innovation and risk are all intrinsic to adaptation. Without adaptation, every system eventually perishes once conditions change.
One feature of capitalism that is rarely discussed is the premium placed on cooperation and collaboration. The Darwinian aspect of competition is widely accepted (and rued) […]
jessescrossroadscafe.blogspot.com / 15 APRIL 2015
Gold and silver managed to rally back today.
But they are still revolving around their round numbers, and moving in a trading range.
Silver is oscillating between 15 and 18, and gold between 1180 and 1220.
There was not much delivery action report at the Bucket Shop, and there […]
davidstockmanscontracorner.com / by David Stockman • April 7, 2015
At some point 15 years ought to count for something. After all, it does amount to one-seventh of a century. And during that span we have encompassed several business cycles, two financial crises/meltdowns and nearly a non-stop blitz of “extraordinary” policy interventions. To wit, a $700 […]
paulcraigroberts.org / By Paul Craig Roberts / March 30, 2015
I am an admirer of Dahr Jamail’s reporting. In this article, Oceans In Crisis, Jamail tells us that we are losing the oceans. http://truth-out.org/news/item/29930-oceans-in-crisis-one-woman-will-cross-the-pacific-to-raise-awareness He reports on the human destruction of the oceans. It is a real destruction with far-reaching consequences.
That fact is indisputable.
paulcraigroberts.org / Paul Craig Roberts / March 27, 2015
I admire David Ray Griffin for his wide-ranging intelligence, his research skills, and for his courage. Dr. Griffin is not afraid to take on the controversial topics. He gave us ten books on 9/11, and anyone who has read half of one of them knows that […]
libertyblitzkrieg.com / Michael Krieger / Mar 23, 2015
Neoclassical economics and the trickle down policy framework that we have derived from it argues that there is a trade-off between fairness and growth. The general idea of trickle down economics is that the richer the rich get and the less constrained they are, less burdened in […]
zerohedge.com / by Tyler Durden on 03/19/2015 15:10
“This gap between the 1% and the rest of America, and between the US and the rest of the world, cannot and will not persist,” warns renowned trader Paul Tudor Jones during his recent TED Talks speech, as he addressed the question – can capital be just? […]
goldsilverbitcoin.com / 18 MAR , 2015
Police in Frankfurt, Germany had barricaded with barbed wire the European Central Bank headquarters in preparation for demonstrations against “government austerity and capitalism.” Those demonstrations have come and gone, leaving a mess behind.
The so-called “Blockupy” alliance said activists were planning a blockade of the new headquarters of […]
Police are erecting barbed wire fences around the ECB’s new headquarter in Frankfurt. Photo credit: Kai Pfaffenbach / Reuters
acting-man.com / Pater Tenebrarum / March 18, 2015
While the whole world is waiting with bated breath whether the bureaucrats running the Federal Reserve will alter, remove or retain a single adjective in […]
traderdan.com / by Dan Norcini / March 17, 2015,1:14 pm
No, it really has nothing to do with what shade of green shirt I should wear today for St. Patrick’s Day.
It has everything to do with traders scared out of their minds about some word or phrase that might be left in or taken […]
zerohedge.com / by Tyler Durden on 03/13/2015 14:56
Back in December, the US population was briefly but dramatically shaken, when it was revealed that none other than Citigroup – a Wall Street firm – had drafted the Congressional language for the Derivatives swaps push-out provision, the add on that assured that taxpayers/depositors would be […]
The tattered flag is flying again … sort of. Image: fmh
acting-man.com / Bill Bonner / March 12, 2015
We’re glad we brought out our old “Crash Alert” flag last week. It looks like we may need it. The Dow plunged 333 points on Tuesday, or nearly 2%. Back to that in […]
thedailysheeple.com / Western Journalism / March 2nd, 2015
The primary objective behind environmental activism related to anthropogenic global warming (AGW), aka “climate change,” is apparently not climatological, but rather is economic. The revelation came not from “global-warming deniers,” but from the United Nations’ own Christiana Figueres, who serves as the Executive Secretary of the […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, FEBRUARY 26, 2015
The dragon tail of Marx’s end-game of overcapacity and finance capital is about to shred China’s fantasy that the state can micro-manage both capitalism and financialization with no contradictions or consequences.
Longtime readers know my one expertise is annoying the entire ideological spectrum in 1,000 […]