BRICS Announce $100 Billion Reserve To Bypass Fed, Developed World Central Banks
This story was posted: 07/15/2014 23:38 As we suggested last night, the anti-dollar alliance among the BRICS has successfully created a…
Record $189 Billion Injected Into Market From “Window Dressing” Reverse Repo Unwind
When we reported yesterday’s record reverse-repo surge, driven entirely by collateral-strapped financial entities scrambling to “window dress” their balance sheets with…
End The Fed Movement… in Germany?
People in general are comfortable with the status quo. Despite the chinks in the armor of the tale, they’ll simply…
Final Q1 GDP Crashes To -2.9%, Lowest Since 2009, Far Below The Worst Expectations
YES – Negative GDP = Contraction Remember when in January 2014, Q1 GDP was expected to rise 2.6%? Well, here…
“De-Dollarization” Continues – China Starts Direct Trade With UK
China and UK establish direct currency trades China and the UK have started the direct trading of the yuan against…
Is It 1984? Recovery = 12.8 Million People Not In The Labor Force
In George Orwell’s 1984, the Ministry of Truth is diligent in constructing and constantly reworking their version of reality to feed to the…
Stocks Surge To Record Highs On Worst Economic Growth In 3 Years
US Economy Shrank By 1% In The First Quarter: First Contraction Since 2011 And this was the news of the…
What Does The US Government Want in Ukraine?
If you go by the mainstream media, the biggest issues facing us Americans seem to be the NFL draft, players and who…
Taxes – When Will Enough Be Enough?
As I finally simmer down from my yearly blood-curdling check-writing tantrum to square up with what my accountant says is due…
Thoughts & Musings on the Real Economy
Thoughts & Musings on the Real Economy For some time now it has been quite evident at least to some,…