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…
Stockman: Why China’s Market Isn’t Fixed And The Global Bubble Will Keep Imploding
Source: http://davidstockmanscontracorner.com/why-chinas-market-isnt-fixed-and-the-global-bubble-will-keep-imploding/ China’s stock market is purportedly all fixed and Thursday’s 6% bounce is just the beginning. Indeed, Goldman Sachs has already reiterated that the whole thing…
A Complete Guide to European Bail-Out Facilities – Part 2: Target2 & EFSF / ESM
[This is from 2013, first published here http://bawerk.net/2013/09/05/a-complete-guide-to-european-bail-out-facilities-part-2-target2-efsf-esm/] Today we present the Target2-system and the fiscal bail-out facilities in our series on European efforts…
A Complete Guide to European Bail-Out Facilities – Part 1: ECB
[This is from 2013, first published here http://bawerk.net/2013/09/03/a-complete-guide-to-european-bail-out-facilities-part-1-ecb/] Over the last couple of years we have been tracking the various bail-out schemes concocted by ingenious…
Zero Hedge: The Greek Bluff In All Its Glory: Presenting The Grexit “Falling Dominoes”
[Source: http://www.zerohedge.com/news/2015-07-04/greek-bluff-all-its-glory-presenting-grexit-falling-dominoes] Earlier today, Yanis Varoufakis reiterated his core thesis driving the entire Greek approach from day 1 of its negotiations with the Eurogroup: “Europe…
It Is NOT Priced-In, Stupid!
[This piece, by David Stockman, was originally published here http://davidstockmanscontracorner.com/it-is-not-priced-in-stupid/] Among all the mindless blather served up by the talking heads of bubblevision is the…
Jim Grant Explains “Our” 3 Biggest Financial Mistakes
This piece first appeared at Zero Hedge http://www.zerohedge.com/news/2015-06-27/jim-grant-explains-our-3-biggest-financial-mistakes Submitted by Michael Ide via Valuewalk.com, Speaking at Russell Napier’s Library of Mistakes in Edinburgh earlier this…
Cobden Partners on Radio 4
The Cobden Centre contributor and Cobden Partners founder Gordon Kerr was featured on BBC Radio 4’s Today yesterday talking about Kevin Dowd’s recent paper…
The Non-GAAP Revulsion Arrives: Experts Throw Up All Over “Made Up, Phony, Smoke And Mirrors” Numbers
[This was first published at Zero Hedge here http://www.zerohedge.com/news/2015-06-08/non-gaap-revulsion-arrives-experts-throw-all-over-made-phony-smoke-and-mirrors-profi] One of the recurring stories on Zero Hedge has been the increasingly more blatant fabrication of…
How Government Inaction Ended the Depression of 1921
[This piece, by Lew Rockwell, was first published at mises.org here https://mises.org/library/how-government-inaction-ended-depression-1921] As the financial crisis of 2008 took shape, the policy recommendations were not…