Not in America or Europe By Dr. Paul Craig Roberts When the former Goldman Sachs executive who runs the European Central Bank (ECB) announced that he was going to print 720 billion euros annually with which […]
JosephEStiglitz Joseph E. Stiglitz, a Nobel laureate in economics and University Professor at Columbia University, was Chairman of President Bill Clinton’s Council of Economic Advisers and served as Senior Vice President and Chief Economist of […]
By Michael Snyder Central banks lie. That is what they do. Not too long ago, the Swiss National Bank promised that it would defend the euro/Swiss franc currency peg with the “utmost determination”. But on […]
by Tyler Durden “As if millions of macro hedge funds suddenly cried out in terror and were suddenly silenced” Over two decades ago, George Soros took on the Bank of England, and won. Just before lunch […]
By Mac Slavo With the debt obligations of the United States at over $118 trillion dollars, it has become obvious that the collapse of our economic powerhouse, starting with the U.S. dollar, is a foregone conclusion. […]
By Brandon Smith The structure of history is held together by two essential and distinct kinds of links, two moments in time to which no one is immune: moments of epiphany, and moments of catastrophe. Sometimes, […]
By The Automatic Earth Dorothea Lange Drought hit OK farm family on way to CA Aug 1936 From just about as early in my life as I can remember, growing up as a child in Holland, there […]
By Frances Horodelski Click Here to Watch the Interview “Who is this cheap interest rate trend benefiting? It’s not the 1 percent, it’s the .01 percent…85 people have more dough than 3.5 billion people…The gap between […]
By The Automatic Earth Arthur Rothstein “Quack doctor, Pittsburgh, Pennsylvania” May 1938 Isn’t it fun to just watch the market numbers roll by from time to time as you go about your day, see Europe markets up […]
By Kurt Nimmo The engineered destruction of the Russian economy is beginning to work on its designated target — the Russian people. CNN reports that while the tumble of the ruble will reduce government revenues, including a […]
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