Author's posts
Jun 29
Today’s News June 29, 2015
Carnage Continues: European Equity Futures Crash 7% At Open, Bund Yields Plunge 20bps It appears Greece matters after all – US futures are tumbling, Japanese stocks are tanking (as JPY is bid on mass carry unwinds), Chinese stocks are limit down and collapsing.. and now European equity futures are open and in free-fall. Bunds are …
Jun 28
The U.S. And EU Will Collapse Regardless Of Economic ‘Contagion’
This article was originally published by Brandon Smith at Alt Market. In order to understand what is really going on around the globe in terms of the collapsing economy, we must set aside false mainstream versions of reality. When it comes to the EU and its current fiscal turmoil, it is very important to, in …
Jun 28
Today’s News June 28, 2015
America Is Its Own Worst Enemy – Trapped In Irrational Exuberance Submitted by Paul Farrell via MarketWatch.com, Yes, the clock’s ticking louder, louder, warns the Economist, “only a matter of time before the next recession strikes.” Unfortunately, the “rich world is not ready.” America’s not prepared. You are not ready. Get it? America’s 95 million …
Jun 27
Today’s News June 27, 2015
The US & Europe Will Collapse Regardless Of Economic "Contagion" Submitted by Brandon Smith via Alt-Market.com, In order to understand what is really going on around the globe in terms of the collapsing economy, we must set aside false mainstream versions of reality. When it comes to the EU and its current fiscal turmoil, it …
Jun 26
Today’s News June 26, 2015
"Blood On The Streets": Chinese 'Nasdaq' Crashes Most On Record, Morgan Stanley Warns "Don't Buy This Dip" China's "Nasdaq" – the 90% small-cap tech-firm dominated CHINEXT is down 8.3% intraday – its biggest single-day loss ever… it is now down 27% from its highs! At the end of the morning session, there is blood …
Jun 25
Today’s News June 25, 2015
Iconic Dukes of Hazzard Car 'General Lee' Stripped Of Confederate Flag: "This Is A New Level Of P.C. Idiocy" Submitted by Mac Slavo via SHTFPlan.com, They’ve been pushing for it for over 150 years and this year the politically correct anti-Confederate flag movement may have finally achieved its ultimate goal. Following a racially driven shooting spree …
Jun 24
Alexis Tsipras—-Angel Of Mercy Or “Trusty” Of The Central Bankers’ Debt Prison?
Greece, Europe and the world are being crucified on a cross of Keynesian central banking. The latter’s two-decade long deluge of money printing and ZIRP has generated a fantastic worldwide financial bubble, and one which has accrued to just a tiny slice of mankind. That much is blindingly evident, but there’s more and it’s worse. The present replay of high noon on Greece’s impossible mountain …
Jun 24
Today’s News June 24, 2015
CNN Goes There: Asks If Thomas Jefferson Memorials Should Be Removed Because He Owned Slaves? As the Confederate Flag hysteria escalates, CNN's Ashleigh Banfield asks fellow CNN mouthpiece Don Lemon if it’s now appropriate for lawmakers to start a future conversation about whether or not the monument of Thomas Jefferson should be removed from the …
Jun 23
Today’s News June 23, 2015
Chinese Crash Continues After PBOC Cracks Down On Brokerage Liquidity Just when you thought it was safe to buy the 12% collapse (the biggest since Lehman) in Chinese stocks, they re-plunge another 3-4% with no dip-buyers evident. The drivers are twofold: first, China PMI beat expectations modestly (uh oh no more QDII, QE, PSL, etc.); …
Jun 22
Paul Craig Roberts’ Address to the International Conference on the European/Russian Crisis Created by Washington
Paul Craig Roberts’ address to the Conference on the European/Russian Crisis, Delphi, Greece, June 20-21, 2015 Paul Craig Roberts, formerly Assistant Secretary of the US Treasury for Economic Policy, Associate Editor, Wall Street Journal, Senior Research Fellow, Stanford University, William E. Simon Chair in Political Economy, Center for Strategic and International Studies, Georgetown University, Washington, …
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