CHARLES HUGH SMITH There are multiple sources of friction in the Perpetual Motion Money Machine. We’ve been playing two games to mask insolvency: one is to pay the costs of rampant debt today by borrowing even […]
ANDREW ZATLIN Before I dig into the coming Lehman moment out of China, you should understand how China has impacted the world. First, let’s start with debt. Debt sits at the heart of China’s miracle […]
CHARLES HUGH SMITH TINA’s legacy is revealed in this chart of the Venezuelan Bolivar, which has plummeted from 10 to the US dollar to 5,800 to the USD in a few years of rampant money-emission. […]
BY JAMES RICKARDS [Ed. Note: Jim Rickards’ latest New York Times bestseller, The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis, is out now. Learn how to get your free copy […]
CHARLES HUGH SMITH There’s no Plan B for a state-corporate form of central-planning capitalism that is no longer functioning. If there is one reality that is denied or obscured by the Status Quo, it is […]
Why a shift in consciousness is essential now by Chris Martenson It’s time to be blunt: Humans are headed towards disaster. Most of us already know this. Some consciously, others unconsciously. Those aware to the […]
BY BRIAN MAHER “All hell” is about to break loose in China. Such is the professional judgment of Kyle Bass, boss of Hayman Capital. The devil of this hell is a banker. And it’s credit […]
by Wolf Richter The economy depends on them, but they’re cracking. American consumers are holding $1 trillion in revolving credit, mostly in credit card debt. So how well is this segment of consumer debt holding […]
BY BRIAN MAHER Nuclear saber-rattling in North Korea… diminishing expectations for Trump’s tax cuts and infrastructure stimulus… Chinese economic weakness… None of the above has slowed gravity-defying markets. Why not? We offer one possible reason […]
The REAL New World Order – Jeff Nielson By Jeff Nielson Yesterday 4040 Views 3 comments April 24, 2017 Regular readers are familiar with the Old World Order : the cabal of Western oligarchs who […]
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