Submitted by Tyler Durden How very ironic. Over the weekend, just hours before the Panama Papers were released, we wrote a post that took “A Look Inside Iceland’s Kviabryggja Prison: The One Place Where Criminal […]
By Michael Snyder One of the epicenters of the global financial crisis that started during the second half of last year is Japan, and it looks like the markets in the land of the rising […]
Lance Gaitan Going into last week’s Fed meeting, the general consensus was that they would not raise rates. When they hiked rates by a quarter point in December, they projected there would be four additional […]
By John Browne On February 16th, The Washington Post printed the article, “It’s time to kill the $100 bill.” This came on the heels of a CNNMoney item, the day before, entitled “Death of the […]
by Tyler Durden In his latest must read presentation, Citigroup’s Matt King continues to expose and mock the increasing helplessness and cluelessness of central bankers, something this website has done since 2009 knowing full well […]
by David Stockman The bear will soon be arriving in earnest, marauding through the canyons of Wall Street while red in tooth and claw. Our monetary central planners, of course, will once again—for the third time this century——be utterly shocked and unprepared. That’s because […]
Recent media and analysts coverage of the global economy, especially that of the advanced economies has focused on the rising degree of uncertainty surrounding growth prospects for 2016 and 2017. Much of the analysis is […]
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 […]
Michael Snyder This article was written by Michael Snyder and originally published at hisEconomic Collapse blog. Editor’s Comment: It is all just a matter of time, but so clear that so many foreboding financial events […]
by Tyler Durden “Worse than Lehman” is how one European bond market trader described the carnage this week as the brief respite that ECB monetization and debt-buyback rumors provided yesterday have morphed into utter destruction […]
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