by Tyler Durden “As if millions of macro hedge funds suddenly cried out in terror and were suddenly silenced” Over two decades ago, George Soros took on the Bank of England, and won. Just before lunch […]
By Mac Slavo With the debt obligations of the United States at over $118 trillion dollars, it has become obvious that the collapse of our economic powerhouse, starting with the U.S. dollar, is a foregone conclusion. […]
By Mac Slavo Falling oil prices have been hammering the energy sector and crimping the one part of the American economy that was actually expanding. Instead, that momentum is shifting towards rapid market contraction and possible […]
By Michael Snyder Nearly two-thirds of all Americans are completely and totally unprepared for the next economic crisis. As you will read about below, a new survey has found that only 38 percent of Americans […]
by Tyler Durden For those hoping that the recent brief dip in Brent crude below $50 – most notably Venezuela’s intrepid socialist leader Nicolas Maduro whose numbered days get shorter with every day Brent closes red, and […]
By Brandon Smith The structure of history is held together by two essential and distinct kinds of links, two moments in time to which no one is immune: moments of epiphany, and moments of catastrophe. Sometimes, […]
by Tyler Durden After seeking doctors, lawyers, and engineers, The Islamic State – expanding on its desire to launch a gold-backed currency – is reported to have opened its first bank in the Iraqi city of Mosul […]
By Mike Whitney “If undercharging for energy products occurs deliberately, it also effects those who introduce these limitations. Problems will arise and grow, worsening the situation not only for Russia but also for our partners.” – […]
by John Rubino Back in December there was a flurry of press around the passage of a banking bill that was 1) reportedly written by Citigroup and 2) put taxpayers on the hook for over-the-counter derivatives, […]
The Complicity of the Public Authorities By Dr. Paul Craig Roberts and Dave Kranzler Note: In this article the times given are Eastern Standard Time. The software that generated the graph uses Mountain Standard Time. Therefore, read the x-axis […]
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