Government

Screwed By The System, With No End In Sight

November 2, 2015 0

by John Rubino on November 2, 2015 Bloomberg just cited some stats that validate the average American’s sense of being ripped off: Here’s How Much QE Helped Wall Street Steamroll Main Street Wall Street is […]

Wealth Abuse

China Cannot Let This Happen

September 23, 2015 0

by John Rubino After borrowing — and largely wasting — $15 trillion during the Great Recession, China now looks like a typical decadent developed-world country, complete with slow growth, anemic consumer spending and unstable financial […]

Wealth Abuse

China: Major Devaluation Coming

July 28, 2015 0

by John Rubino The whole “market economy” thing is turning out to be a little trickier than China’s dictators expected. To set up the story: After the 2008 crash the country borrowed about $15 trillion […]

Financial

The Only Thing Growing Is Debt

July 16, 2015 0

by John Rubino (Reuters) – Weak U.S. retail sales hint at slower economic growth Retail sales last month were broadly weak, with receipts at auto dealerships falling 1.1 percent after rising 1.8 percent in May. […]

Wealth Abuse

On Monday, It’s China Versus Greece

June 29, 2015 0

by John Rubino Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided […]

World Affairs

Let’s Just Get This Greece Thing Over With

June 18, 2015 0

by John Rubino Guys, please. As much as we all love a good crisis, this is getting old. The threats, the name-calling, the apocalypse certain to occur if one side doesn’t immediately cave to the […]

Financial

Interest Rates Spiking Everywhere

May 20, 2015 0

by John Rubino Just as ultra-low interest rates start to seem normal, the markets decide otherwise. US 10-year Treasury bonds yielded about 1.9% in April and are now above 2.20%: And the trend reversal isn’t […]

Financial

No Money, No Growth

May 18, 2015 0

by John Rubino Last August, the US Fed stopped creating new currency out of thin air and dumping it into the banking system. Which is another way of saying the US money supply stopped growing. […]

Media

Mediocre Is The New Perfect

May 8, 2015 0

by John Rubino Three things happened this morning: The Labor Department reported a big jump employment; the financial markets responded like kids on Christmas morning; and — with a few hours lag — level-headed analysts […]

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