JosephEStiglitz Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, was Chairman of President Bill Clinton’s Council of Economic Advisers and served as Senior Vice President and Chief Economist of […]
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January 18, 2015 Posted by Raúl Ilargi Meijer DPC Longacre Square, soon to be Times Square 1904 I’ve said before, and quite a while ago too, – more than once-, that the world of investing as we’ve come to […]
By Michael Snyder Central banks lie. That is what they do. Not too long ago, the Swiss National Bank promised that it would defend the euro/Swiss franc currency peg with the “utmost determination”. But on […]
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, […]
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