| |
 | Mish - Global Economic Analysis |
| Economic Reality: Bottom 50 of Americans No Longer Matter |
| The Fed likes to brag about the “We saved the world” recovery.
However, the unfortunate truth of the matter is a record Half of American Families Live Paycheck to Paycheck.
Does it Matter? Let’s investigate.
Unprepared for Nearly Anything
50% are woefully unprepared for a financial emergency.
Nearly 1 in 5 (19%) Americans have nothing set aside to cover an unexpected emergency.
Nearly 1 in 3 (31%) Americans don’t have at least $500 set aside to cover an unexpected emergency expense, according Monday, May 1, 2017 |
|
 | Chris Vermeulen - GoldandOilGuy |
| Can New President Make Things Better for the People |
| Where is this economic boom that Former President Obama and his administration
had taken so much credit for?
The Obama Administration, with the assistance of the Federal Reserve and Company,
deliberately kept the U.S. economy from creating any growth at all. The money
that flowed from the Federal Reserve, over the last 8 years, had a direct pipeline that
flowed only into Wall Street Investment Banks. The American people were sold
this false bill of sale that
"Quantitative Easing" waTuesday, February 7, 2017 |
|
 | Andy Hoffman - Miles Franklin |
| Feast Or “Famine” |
| Just 24 hours ago, for the first time I can remember, I was on the verge of sitting down to write without a single item of focus, given just how quiet the weekend’s news flow was. Subsequently, I was “saved before the bell” – when China’s People Daily unleashed a scathing attack on Western government, claiming it was ready to assume the global leadership being actively abdicated by today’s supposed “leaders.” Thus, the “upcoming, unprecedented, world-changing clash of civilizations” was born.
Tuesday, January 24, 2017 |
|
 | James Howard Kunstler |
| Exit, Hope and Change |
| Yes, that was a gag.
By now, anyone in this country still of sound mind knows that Barack Obama presided through eight years of remarkable continuity — of changeless conditions that left a great many hopeless. As the days of his tenure dwindle, what do we make of the departing 44th president?
He played the role with cool-headed decorum, but that raises the question: was he just playing a role? From the get-go, he made himself hostage to some of tTuesday, December 27, 2016 |
|
 | Gordon Long - Market Analytics |
| The Dirty War for Europe's Money |
| FRA co-founder Gordon T. Long deliberates with Hedge Fund Manager, Yra Harris
about the effects of financial repression and the imminent credit event. Harris
is a macro Global Trend Trader and publisher of the Blog Notes From the Underground.
Yra Harris is a recognized Trader with over 32 years of experience in all
areas of commodity trading, with broad expertise in cash currency markets.
He has a proven track record of successful trading through combination of technical
work and fundaThursday, December 17, 2015 |
|
| Andy Hoffman - Miles Franklin |
| Chasm of Destruction |
| In yesterday’s “fatal flaw,” we wrote of the imminent currency war between Japan and China, as the “final currency war” turns nuclear. In fact, we specifically stated…
…it’s only a matter of time before the aforementioned full-scale currency war goes global; and when we say a ‘matter of time,’ we mean NOW; possibly, starting with this month’s APEC, BRICS, and G-20 meetings.
Apparently, NOW couldn’t have come sooner – as just after we published that comment, Shinzo Abe addressed last week’s BankWednesday, November 12, 2014 |
|
| Mish - Global Economic Analysis |
| Spain Dips 37 Into Social Security "Piggy Bank", Fund Depletion in 4 Years at Current Rate; What, M |
| The "recovery" news in Spain keeps piling up. Via translation from El Economista, Government has already taken 37% of the total 'pensions piggy bank'. If extractions continue at the current rate, the fund would be exhausted in 4 years.
The Government of Mariano Rajoy has released 24.65 billion euros of the Social Security Reserve Fund in less than two years. Such amount represents nearly 37% of the total 66.815 billion fund accumulation. That figure marks the highest cumulative piggy bank drawThursday, August 21, 2014 |
|
 | Chris Powell - GATA |
| The world's real rulers: central banks operating in secret |
| By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, May 15, 2014
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100027284/eu...
The revelations about EMU skulduggery are coming thick and fast. Tim Geithner recounts in his book "Stress Test: Reflections on Financial Crises" just how far the EU elites are willing to go to save the euro, even if it means toppling elected leaders and eviscerating Europe's sovereign parliaments.
The former US Treasury Secretary says that EU officiThursday, May 15, 2014 |
|
| Chris Powell - GATA |
| John Crudele: Did Goldman use HFT to rig markets for the U.S. government |
| By John Crudele
New York Post
Monday, April 7, 2014
http://nypost.com/2014/04/07/goldman-keeps-its-flash-boys-under-wraps/
Yep, the stock market is rigged.
I've been explaining this to you for nearly 20 years. But thanks to best-selling author 'Michael Lewis’ intriguing book "Flash Boys," which comes to the same conclusion, a much wider slice of America is talking about it now.
But Lewis' book -- as well-written and riveting as his best-seller "Moneyball" -- touched on only one way the stock marWednesday, April 9, 2014 |
|
| Mish - Global Economic Analysis |
| Reader Question on Banking System Insolvency, QE, and "Necessity" |
| In response to Will Prices Rise Significantly When Velocity of Money Picks Up? reader Dave, a friend, noted that as the Fed jacked up its balance sheet, velocity has mirrored the curve to the downside.
Dave asks "Can't an argument be made that since much of the banking system is really insolvent, that the Fed increasing its balance sheet is necessary?"
"Necessity"
This depends on what you mean by "necessary" and more importantly, who gets to decide.
I am one of those who staunchly believesSaturday, March 29, 2014 |
|
 | Tim Iacono - Iacono Research |
| Monday Morning Links |
| MUST READS
Euro-zone inflation falls at record speed – MarketWatch
G20 pledges to add $2 trillion to global economy – CNN/Money
Yellen Wins G-20 Praise as Emerging Markets’ Angst Eased – Bloomberg
Ukraine calls for aid, says needs $35 billion in next two years – Reuters
Ukraine Bond Rally Seen Tied to New Aid Amid Default Concern – Bloomberg
Osborne: EU ready to provide financial aid to Ukraine – Channel News Asia
BOE and the Fed Encouraged Interest Rate Manipulation – Washington’s Blog
CurriencMonday, February 24, 2014 |
|
| Andy Hoffman - Miles Franklin |
| Cashless Nightmare |
| Before I address this articles principal topic, I thought you might like to know how the vaunted “hedge funds” are doing this year. You know, the “geniuses” that know more about markets than anyone. As I demonstrated a year ago, they have at best been inept; i.e., in the black largely because the Fed and PPT support the equities they are mandated to invest in. For years, hedge funds have dramatically underperformed the market – scrambling from stock to stock, amidst the lowest average holdingTuesday, November 26, 2013 |
|
 | Mac Slavo - ShtfPlan |
| LOCK DOWN: Your Cash Is No Longer Your Own: “Everything Is Fine” |
| “Economic martial law will be declared… restrictions will be set on the amounts, times and frequency of withdrawals.”
Forecaster Gerald Celente
Trends Journal – Summer 2011
We hope you’re paying attention.
If there were ever a red flag warning about the economic and financial destruction to come, JP Morgan Chase Bank began flying it this morning.
In a shocking report from Infowars we learned that mega-behemoth Chase has issued letters to thousands of business customers indicating that they wilThursday, October 17, 2013 |
|
| Tim Iacono - Iacono Research |
| The Men Who Stole $16 Trillion from America |
| This short video from The Western Center for Journalism is worth watching, if for no other reason than to see former Treasury Secretary Tim Geithner emerge from soon-to-be-Fed Chairman Larry Summers’ enormous belly at about the 40 second mark.
Of course, the part about the involvement of Summers and Geithner in the creation of our fabulous $1+ quadrillion U.S. derivatives market is pretty interesting too along with a rehash of the banking sector bailouts from a few years ago.
/* Sunday, September 15, 2013 |
|
 | Axel Merk - Merk Fund |
 Gold in a (Un)Tapered World |
| Gold is up, even getting a positive mention in Barron's. Is it Japan's election or the tapering of the taper talk that's driving gold higher of late? Is this a bounce or the beginning of a new major uptrend in gold? Until just a few weeks ago, pundits fell all over themselves to call an end of the gold bull market. Those that bought gold 10 years ago called the "correction" a blip; those that had bought in recent years required therapy; and those that never bought gold in the first place proudlyTuesday, July 23, 2013 |
|
| Paul Brodsky - Casey Research |
| Handicapping the Potential Successors to Ben Bernanke |
| [Ed. note: This article originally appeared as a guest contribution in the "Midweek Matters" Casey Daily Dispatch.]
A couple of days after the Fed announced Ben Bernanke would not attend the Jackson Hole summit, for the first time in twenty five years, the New York Times (on the first page, no less) ran an in-depth profile of Janet Yellen, the heir apparent to run the Fed. Beneath her profile there were three other candidates "being discussed": Roger Ferguson, Tim Geithner, and Larry Summers.
Monday, May 6, 2013 |
|
 | Ty Andros - traderview |
2013 Outlook: Witches Brew: Part 2  |
| Throughout history Fiat currency and credit systems have failed upon the greed
and avarice of those who controlled them and this episode will be no different.
The currency and bomb...er...bond markets are GROUND ZERO of the unfolding
Societal and financial system destruction. The money printed to date will
be dwarfed by what is to come. This is the greatest OPPORTUNITY in HISTORY
for applied Austrian investing and the demise of the KEYNESIAN PONZI model.
The greatest transfer of wealthMonday, February 18, 2013 |
|
 | Jesse - Le Café Américain |
| Bernanke's Hammer: When You Have a Printing Press, Everything Looks Like a Monetary Tra |
| "I suppose it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail."
Abraham Maslow, The Psychology of Science, 1966
Apparently while Maslow made this saying famous with a more elegant formulation, the original source of the image is from a Mr. Kaplan who wrote his 'law of the instrument' in 1964.
"I call it the law of the instrument, and it may be formulated as follows: 'Give a small boy a hammer, and he will find that everything he encounters needs poSunday, January 27, 2013 |
|
 | Roger Wiegand - Webeatthestreet |
| Does Voting Matter |
| Tuesday, October 30, 2012 |
|
 | Ron Hera - Hera Research |
 Neil Barofsky: Another Financial Crisis All But Inevitable  |
|
Hera Researchis pleased to present a sobering interview with Neil Barofsky, Senior Research Scholar, Senior Fellow and Adjunct Professor of Law at the New York University School of Law.From December 2008 until March 2011 Mr.Barofsky served as the Special Inspector General for the $700 billion U.Wednesday, September 19, 2012 |
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