Posted on 15th February 2016 by Administrator in Economy It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt […]
by John Rubino on February 8, 2016 So far, each financial crisis in the series that began with the junk bond bubble of 1989 has been noticeably different from its predecessors. New instruments, new malefactors, […]
Paul Craig Roberts I, Michael Hudson, John Perkins, and a few others have reported the multi-pronged looting of peoples by Western economic institutions, principally the big New York Banks with the aid of the International […]
by Wolf Richter And it’s not just oil & gas! The toxic pile of distressed corporate debt in the US grew to $285 billion in January, up 22% from a month ago and up 162% from a year […]
By Michael Snyder, on January 27th, 2016 As stocks continue to crash, you can blame the Federal Reserve, because the Fed is more responsible for creating the current financial bubble that we are living in […]
By David Haggith In a dynamite interview, Richard Fisher, former president and CEO of the Federal Reserve Bank of Dallas, gave what may be the biggest confession you’ll ever see and hear from a Federal Reserve […]
by Raúl Ilargi Meijer Berenice Abbott Columbus Circle, Manhattan 1936We’ve only really been in two weeks of trading in the new year, things are looking pretty bad to say the least, so predictably the press […]
SGTreport.com
by Martin Armstrong Portugal is starting to bail-in banks. The fascinating aspect that nobody seems to see is that this is a total failure of socialism. The U.S. Federal Reserve was formed in 1913, with […]
by John Rubino That didn’t take long. A month after the Fed’s dreaded quarter-point interest rate hike, the markets tank and out come the talking heads to promise that whatever is bothering traders, Daddy will […]
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