Zero Hedge: Fed Admits Economy Can’t Function Without Bubbles
In short, the dot-com bust was the last chance for the Fed to pivot and liberate the American economy from the corrosive financialization it…
Ryan Streeter: Uber is just the tip of the iceberg
Uber’s battle with New York City mayor Bill de Blasio, which culminated this week in a temporary truce while the city “studies” Uber, shines…
Central Banks and Our Dysfunctional Gold Markets
Article by Marcia Christoff-Kurapovna. Source: https://mises.org/library/central-banks-and-our-dysfunctional-gold-markets Many investors still view gold as a safe-haven investment, but there remains much confusion regarding the extent to…
Zero Hedge: It’s Not Just Margin Debt: Presenting The Complete Chinese Stock Market Ponzi Schematic
Source: http://www.zerohedge.com/news/2015-07-26/its-not-just-margin-debt-presenting-complete-chinese-stock-market-ponzi-schematic Late last month in “The Biggest Threat To Chinese Stocks: Shadow Lending Crackdown“, we suggested that the pressure on Chinese equities –…
Steve Baker Treasury Select Committee Compilation
Editor’s Note: In light of Steve being re-elected to the Treasury Select Committee here is a short compilation of some of last year’s highlights….
Jeffrey P. Snider: There Are No New Banks; Dodd-Frank Hits Five
Source: http://www.alhambrapartners.com/2015/07/21/there-are-no-new-banks-dodd-frank-hits-five/ Today is the fifth anniversary of Dodd-Frank, the erstwhile government response to assure that the Panic of 2008 does not repeat. It…
Zero Hedge: Portugal’s Debts Are (Also) Unsustainable
Portugal’s Debts Are (Also) Unsustainable Everyone seems to be focusing on Greece these days – a country so indebted that it needs even more loans…
David Stockman: Take Cover——Wall Street Is Breaking Out The Bubblies
Source: http://davidstockmanscontracorner.com/take-cover-wall-street-is-breaking-out-the-bubblies/ Let’s see. Google’s record market cap gain on Friday was actually a squeaker. At $66.9 billion it easily passed in one day the entire $50 billion market cap…
Doug Noland: Credit Bubble Bulletin
I’ve had similar feelings before, though I recall being less apprehensive. The years 1999 and 2007 are etched upon my mind. The bustling of…
Doug Casey: Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse
Source: Most of the World’s Banks – LewRockwell.com You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking…