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, […]
by John Rubino on February 2, 2016 George Soros’ successful bet against the British pound back in 1992 remains one of financial history’s epic tales. The short version of the story begins with Britain linking […]
by John Rubino The sound money community woke up this morning to a world finally behaving rationally — which is to say cowering in abject terror at the prospect of insane levels of debt, criminal […]
by John Rubino Brutal news is pouring in from pretty much everywhere. US retail sales are flat and wholesale prices are falling. Big retail chains are missing on earnings and seeing their shares plunge. Chinese […]
by John Rubino on November 2, 2015 Bloomberg just cited some stats that validate the average American’s sense of being ripped off: Here’s How Much QE Helped Wall Street Steamroll Main Street Wall Street is […]
by John Rubino Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided […]
by John Rubino Last August, the US Fed stopped creating new currency out of thin air and dumping it into the banking system. Which is another way of saying the US money supply stopped growing. […]
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