Source: RT If the standoff with Russia and the West reaches a point where the EU has to completely cut trade with Russia, oil prices could soar above $200 per barrel, sparking a global economic […]
By Michael Snyder In general, over the last several decades the world has experienced an unprecedented era of peace and prosperity. The opening up of relations with China and the “end of the Cold War” […]
By: Steve Saville When the central bank pumps money into the economy and suppresses interest rates it creates incentives to speculate and invest in ways that would not otherwise be viable. At a superficial level the […]
By David Stockman IBM is a poster child for the ill-effects of the Fed’s financial repression. In effect, the Fed’s zero interest rate policies are telling big companies to issue truckloads of debt and use the […]
by Tyler Durden The official measure of Q1 productivity growth currently looks likely to be revised down to almost -6% (annualized) – the worst in almost 70 years. As Goldman points out, even on a longer-term basis, […]
By Michael Snyder The basic necessities in life just keep getting more expensive. On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent. That […]
By Tyler Durden Three months ago we discussed in detail the growing anti-dollar hegemony alliances that were building across the BRICS countries (Brazil, Russia, India, China and South Africa). Their efforts at the time, to create a structure […]
By Michael Snyder Most people have never heard of Jaime Caruana even though he is the head of an immensely powerful organization. He has been serving as the General Manager of the Bank for International […]
By Michael Snyder From our fields to our forks, huge corporations have an overwhelming amount of power over our food supply every step of the way. Right now there are more than 313 million people […]
By Mac Slavo The story goes that in the Winter of 1928 Joe Kennedy, father of President John F. Kennedy, went to have his shoes shined. When the shoe shine boy finished he offered Kennedy a […]
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