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 […]
Submitted by Tyler Durden Under the auspices of “protecting clients from criminal activity,” JPMorgan Chase has decided to impose withdrawal limits on certain ATM transactions. As WSJ reports, following the bank’s ATM modification to enable […]
BY MICHAEL Major retailers in the United States are shutting down hundreds of stores, and shoppers are reporting alarmingly bare shelves in many retail locations that are still open all over the country. It appears that […]
A Curious Collapse Ever since the ECB has begun to implement its assorted money printing programs in recent years – lately culminating in an outright QE program involving government bonds, agency bonds, ABS […]
BY JAMES RICKARDS POSTED FEBRUARY 3, 2016 Unprecedented policies always bring unintended consequences. Weidentify these hidden fractures. There are many at the moment, and we’ll be writing to you about those in the months […]
by Tyler Durden One theme we’ve explored at length and on a number of occasions over the past 12 months is the global shift towards so-called “radical” political parties and candidates. Whether it’s Syriza in […]
Paul Craig Roberts I, Michael Hudson, John Perkins, and a few others have reported the multi-pronged looting of peoples by Western economic institutions, principally the big New York Banks with the aid of the International […]
By Michael Snyder, on January 27th, 2016 As stocks continue to crash, you can blame the Federal Reserve, because the Fed is more responsible for creating the current financial bubble that we are living in […]
Parents will tell you the most difficult questions to answer sometimes come from their children. Here are some apparently innocent questions to ask of economists, journalists, financial commentators and central bankers, which are designed to […]
By Michael Snyder, on January 18th, 2016 Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis. Since the start of […]
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