Tyranny: It Pisses Me Off Submitted by Brandon Smith via Alt-Market.com, Tyranny is not a wholly definable condition. There are many forms of tyranny and many levels of control that exist in any one society at any given time. In fact, the most despicable forms of tyranny are often the most subtle; the kinds of …
June 2015 archive
Jun 04
Greece Unable To Make €300 Million IMF Payment, Requests “Bundling”
With Greece and creditors unable to come to a compromise on a deal over the past several days, we’ve said repeatedly that despite claims to the contrary by Greek economy minister George Stathakis, Greece will not make Friday’s €300 million payment to the IMF and will instead request to have the payments bundled so as …
Jun 04
Today’s News June 4, 2015
China Is Crashing (Again) It appears – as opposed to what the world’s asset-gathering commission-takers would have one believe – that huge illiquid spikes in bond markets are not good for stocks. As the bond carnage continues to careen throughout Asia, Chinese stock investors appear to have decided enough is enough at doubling their money …
Jun 03
Rule By The Corporations — Paul Craig Roberts
Paul Craig Roberts The Transatlantic and Transpacific Trade and Investment Partnerships have nothing to do with free trade. “Free trade” is used as a disguise to hide the power these agreements give to corporations to use law suits to overturn sovereign laws of nations that regulate pollution, food safety, GMOs, and minimum wages. The first …
Jun 03
Today’s News June 3, 2015
Chinese Stocks Stumble As Hanergy Debt Debacle Looms Over All The 500%-Club If one sentence sums up the farce that the hyper-speculative ponzifest that is the 500% club in China it is "Hanergy Group was basically using the listed company as a means to produce collateral in the form of shares that it could then …
Jun 02
Today’s News June 2, 2015
Kyle Bass Was Right: Texas To Create Own Bullion Depository, Repatriate $1 Billion Of Gold Most investors have heard Kyle Bass' rather eloquent phrase, "buying gold is just buying a put against the idiocy of the political cycle. It's that simple." However, what few may remember was his warnings in 2011, suggesting the University of …
Jun 01
Today’s News June 1, 2015
Chinese Stocks Are Surging On Weak Macro Data BTFD-iness Having dropped over 10% in the previous 2 days, what better way to get the speculative frenzy of Chinese housewives levered up and buying stocks again than terrible macro data. With China HSBC Manufacturing PMI printing 49.2 (the 3rd monthly contraction in a row) and China's …
Saving...