by Raúl Ilargi Meijer Berenice Abbott Columbus Circle, Manhattan 1936We’ve only really been in two weeks of trading in the new year, things are looking pretty bad to say the least, so predictably the press […]
by Martin Armstrong Portugal is starting to bail-in banks. The fascinating aspect that nobody seems to see is that this is a total failure of socialism. The U.S. Federal Reserve was formed in 1913, with […]
by Raúl Ilargi Meijer Russell Lee Tracy, California. Tank truck delivering gasoline to a filling station 1942The first thing that popped into our minds on Tuesday when WTI oil briefly broached $30 for its first […]
by Tyler Durden EM debt bubble… emaciated, FX Carry… crucified, Crude…crushed, High yield bonds… burst, Chinese equities… blown, Trannies… trounced, Small Caps… slammed, Biotechs… busted, and FANGs finally FUBAR! But there is one big (very […]
JANUARY 13, 2016 | MICHAEL KRIEGER When it comes to the Fed, Congress is mired in hypocrisy. The anti-regulation, de-regulation crowd on Capitol Hill shuts its mouth when it comes to the most powerful regulators of all […]
DAMASCUS (SYRIA) While the Saud family enjoys the last few moments of its dictatorship, the decapitation of the leader of the opposition, Nimr al-Nimr, deprives half of the Saudi population of all hope. For Thierry […]
by John Rubino It seems that at least some OPEC members are starting to panic: War of words breaks out among OPEC members (CNN Money) – Is the pain of low oil prices becoming unbearable […]
by mybudget360 The year is off to a tumultuous start. Markets around the globe are quickly realizing that hot money is going to hit a wall at some point. Many Americans are coming to the […]
by John Rubino on January 7, 2016 One of the (many) fascinating things about this latest global financial crisis is that there’s no single catalyst. Unlike 2008 when the carnage could be traced back to […]
Forecast 2016 There’s really one supreme element of this story that you must keep in view at all times: a society (i.e. an economy + a polity = a political economy) based on debt that […]
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