Dear President Trump: Breaking Up (Banks) Isn’t So Hard to Do
The House approved legislation on Thursday to erase a number of core financial regulations put in place by the 2010 Dodd-Frank Act, as Republicans moved a step closer to delivering on their promises to eliminate rules
The bond issues are the latest sign of how far the oil-rich economy has fallen
Last December, in a move to regain market confidence, Brazil’s National Congress adopted an unprecedented constitutional amendment that caps non-interest government expenditures for at least a decade. The move was born out of a real sense of fiscal urgency, but it carries significant long-term risks.
A weakened Theresa May vowed to lead Britain out of the European Union as she battled to stay on as prime minister after losing her parliamentary majority in a failed election gamble.
Is A REAL Breakout in Silver Prices FINALLY At Hand?
Are GOLD-BACKED Cryptos About to BURN the Dollar TO THE GROUND?
Earlier this week, the Louisiana House gave final approval to a bill that would exempt precious metals from state sales and use taxes. This would remove one barrier from buying gold, silver and platinum. It would also help encourage their use and take the first step toward breaking the Federal Reserve’s monopoly on money.
The debt time bomb continues to tick. There is growing evidence that we're getting close to an explosion.And what do we have to show for trillions in borrowing?Not a whole lot.A Bloomberg article published this week proclaimed America has a debt hangover resulting from a half decade of "binging on credit." The percentage of overdue debt has risen two straight quarters and consumer companies say customers are under stress. On top of that, bankruptcies are rising.
The entire status quo is based on the delusion that rapidly rising debt will never generate any negative consequences. Here's a chart of ...
Recent SPY (SPDR S&P 500) inflows have reversed to redemptions (-$2.8 billion out) in the past forty-eight hours, as some appear to be taking profits
This bubble will burst just as the Tech Bubble & the Housing Bubble did. And smart investors will use it to make literal fortunes from it.
"There is a DIRECT ASSAULT Against the Demand for Gold and Silver..."
David Rosenberg’s thoughts on the deflationary headwinds facing the US economy, Federal Reserve policy, and more
Cash on the sidelines? Not really. Everyone “all in the boat?” Absolutely. Historical outcomes from such situations? Not Great.
What most of us have long believed about how the economy works is based on a set of fundamental myths, supported by a series of inappropriate and misleading metaphors, from which it is difficult to escape.
Seniors, savers, baby boomers and retirees are constantly bombarded with financial information written by those wishing to sell their products or services. The readers are prospective nails; and the authors tout their particular hammer as the best solution to your financial challenges. Many have been credited for the above quote, including Mark Twain and Abraham Maslow. I prefer to use [...]
Welcome To A World Of Broke Millionaires. For decades citizenry has been fooled to participate in a paper scam (government fiat). It’s a ticking time bomb before the majority realizes that their currency that they expend all their energy for is a
In Italy, bank bail-outs are hobbled by the government’s giant debt that is already “vulnerable to market turbulence.
“What credit markets are saying right now screams secular stagnation.”