Janet Yellen says there’s no inflation? David Stockman shows you how Yellen just threw more fuel on the fire with yesterday’s decision...
The government has its pawns cheering the end of money. They are screaming that $1.4 trillion exists in cash and half of that is $100 bills. Justine Underhill
Steve Keen, Head of Economics, History & Politics at Kingston University, then explains whether the angst over debt in China is warranted.
The €72 trillion (notional) derivatives mess known as Deutsche Bank remains under severe pressure. It’s market cap is $17.43 billion. It has no earnings and pays no dividend.
Failing insurers. Rising premiums. Financial losses, the deteriorating Obamacare market that the health insurance industry feared
US banks will have to cough up billions of dollars in additional capital to pass new Fed stress tests. Bloomberg -- Wall Street would have to come up with billions of dollars in additional capital in a proposed revamp of the Federal Reserve’s stress tests that would also scrap some parts of…
Deutsche Bank, the beleaguered largest bank in Europe, just fell under 11 to 10.51. In other words, Deutsche Bank has lost 54% of its market value this year. Despite all the attempts by the European Central Bank (ECB) to salvage the European banks. Deutsche Bank's contingent convertible bond (CoCo) issued at 6% is now yielding over…
Central banks around the world no longer are tied to their original mandates of stemming inflation, and formulating monetary policies that a...
Housing demand growth is slowing, so why is housing inflation continuing at a steady pace more than twice the rate of the CPI? The answer is simple- tight supply and a mortgage rate subsidy that re…
STEALTHFLATION: An intractable economic condition that inevitably arises as excessively issued fiat currency compulsively pursues non-productive wealth assets in a grossly over-leveraged economy which has been artificially reflated by Central Banking authorities
A view of Nazi gold on shelves in the Palazzo Koch vaults, Rome...
HoIf consumers are able to find a low-cost banking option, that is likely a better choice than doing banking “a la carte,” Baradaran said.
Ripple joins with Bank of America, Santander, the Royal Bank of Canada and more to build a global blockchain steering group.
There is no simple, painless solution. The world has to reduce debt, shrink the financial part of the economy, and change the destructive incentive structures in finance. Individuals in developed countries have to save more and spend less.
Gold prices today are climbing again today, after a strong week of gains for the precious metal.
Central bankers are fast running out of options. This means that when, not if, the next recession hits we are going to bear the full brunt of the market.
From the FDIC: Today's Bank, Huntsville, Arkansas, Assumes All of the Deposits of Allied Bank Mulberry, Arkansas
Read more at http://www.calculatedriskblog.com/2016/09/fdic-closes-bank-in-arkansas-fifth.html#VkCevz3X9lfIM1FT.99
The Elites have an obscure blueprint to take command of the global economy. Brian Maher has more...
Jim Rickards fully exposes the elites’ solution to get their inflation. We discussed two of them. But there’s a third. Read on for the full story...
the current 70 to 1 silver to gold ratio asserting that it is no longer sustainable as miners like First Majestic are only yielding 9 ounces of silver to every one ounce of physical gold they find, and that real work ratio is continuing to decline.