Submitted by Tyler Durden on 03/30/2016 As the Eurozone is amid secular stagnation, its old fiscal, monetary and banking challenges are escalating, along with new threats, including the Brexit, demise of Schengen, anti-EU opposition and […]
by Tyler Durden In his latest must read presentation, Citigroup’s Matt King continues to expose and mock the increasing helplessness and cluelessness of central bankers, something this website has done since 2009 knowing full well […]
Posted on 15th February 2016 by Administrator in Economy It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt […]
Michael Snyder This article was written by Michael Snyder and originally published at hisEconomic Collapse blog. Editor’s Comment: It is all just a matter of time, but so clear that so many foreboding financial events […]
Submitted by Tyler Durden Give Me Only Good News! “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” (Attributed to Mark Twain) It […]
by Tyler Durden On Tuesday, Chinese Vice Foreign Minister Liu Zhenmin told the press that contrary to the narrative being propagated by Washington and its allies in the South Pacific, Beijing had actually shown “great […]
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 […]
by John Rubino It’s safe to say that most of the world is riveted by the news pouring out of the major (and minor) stock markets. Record declines followed by near-record spikes — besides being […]
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. […]
A requiem for planet Earth by Chris Martenson As we’ve been discussing of late here at PeakProsperity.com, humans desperately need a new story to live by. The old one is increasingly dysfunctional and rather obviously […]
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