What Do the State of Illinois, Chicago, Public Pensions and Greece Have in Common?
It’s everywhere. And it’s right HERE too! It’s not just Greece, now Puerto Rico, Spain, Italay, Portugal, etc… The Mainstream…
IMF data shows Iceland’s economy recovered after it imprisoned bankers and let banks go bust – instead of bailing them out
We hear on the MSM how Greece’s debt problem needs to be solved by lending them more money: issuing more new debt…
“Literally, Your ATM Won’t Work…”
An interesting read…..by Bill Bonner Of Bonner And Partners Literally, Your ATM Won’t Work… While we were thinking about what was…
The Fed Steals from Retirees and Savers
from Nick Giambruno, senior editor of Doug Casey’s International Man One of the biggest robberies in the history of mankind…
There Is No Recovery: Sucking Spoilt Milk From A Bloated Dead Sow
by Raul Ilargi Meijer from The Automatic Earth blog With US GDP growth ‘officially’ back where it belongs, in the Arctic zone…
Our Nation is Broke – Prof. Kotlikoff Tells Congress
Economist Tells Congress: U.S. May Be in ‘Worse Fiscal Shape’ Than Greece The U.S. has a $210 trillion “fiscal gap”…
De-Dollarization Continues
While the Mainstream Media news outlets keep you up to date on the latest weather developments, celebrity gossip, NCAA tournament…
Does this look like Recovery?
from Jim Quinn of The Burning Platform blog, “At this juncture, the impact on the broader economy and financial markets of the problems…
The Greatest Ponzi of All time? The Central Banks Are Terrified of One Thing: BONDS
Before we get into the meat of this piece from zero hedge, I’ll just blow off some steam. After digging for answers…
It’s All Rigged – There Are No Free Markets
Yesterday’s “Dip” Was A Warning… To Get Out Of The Casino from David Stockman of DavidStockmansContraCorner.com January 27, 2015 Shortly after…