Submitted by Doug Casey via InternationalMan.com,
I give a good number of speeches each year. For some time I've asked audiences a question: "What useful purpose does the U.S. government serve?" I do that not to be challenging or provocat…
On the one hand…
Source: Townhall.com
One can't help but look at the current debacle and consider whether, just as we warned, The Cloward-Piven strategy is reaching a pivotal moment…
In the mid-sixties at the height of the &ldquo…
Submitted by Pater Tenebrarum via Acting-Man.com,
Economic and Demographic Changes
We have discussed China’s debt and malinvestment problems in these pages extensively in the past (most recently we have looked at various efforts to keep the yuan …
Two weeks ago we showed something striking: while combing through Janet Yellen’s recently disclosed daily diary, we noticed that on February 11 and 12, the Fed chair held two critical phone calls, one with BOE governor Marc Carney and the next day, wit…
The massive magnitude 7.3 earthquake that struck Japan this afternoon, the strongest since the devastating quake of 2011, took place at night local time, and as such there was little available media coverage. As Japan wakes up, much of the destruction …
Submitted by Patrick Buchanan via Buchanan.org,
This week, SU-24 fighter-bombers buzzed a U.S. destroyer in the Baltic Sea. The Russian planes carried no missiles or bombs.
Message: What are you Americans doing here?
In the South China Sea, U.S. planes…
Now that not only Mario Draghi but also Ben Bernanke have joined in the loud and growing chorus of “economic experts” debating the arrival of the monetary paradrop and suggesting that that helicopter money “may be the best available alternative”, it is…
Submitted by Lance Roberts via RealInvestmentAdvice.com,
I noted in yesterday’s post that individuals, while still fully invested in the financial markets, are saying they are extremely bearish on the market. To wit:
“Speaking of the Fed,…
After a week like this:
Retail Sales Tumble
Industrial Production Plunge
Inventories-to-Sales Surge
30Y Yield UNCH
Oil UNCH
Small Caps +3%
This seemed appropriate:
This was the worst two-week period for US Macro surprises since Dec 1st 2015…..
Authored by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com's Pater Tenebrarum),
Positivist Delusions
[ed. note: this article was originally published on March 5 2013 – Bill Bonner was on his way to his ranch in Argentina, s…
As the following chart showing the collapse in trading revenue across the banks who have reported Q1 earnings so far shows…
… it has been a very bad start to the year for America’s largest, too big to fails/too big to prosecute.
It has bee…
As we’ve covered extensively in the past (here and here), home prices and vacant offices in Calgary have been a complete disaster as a result of the collapse in oil prices. Recall the troubling divergence in home prices that Calgary is experiencing in …
Excerpted from 50-Year Wall Street Veteran Joe Rosenberg's Op-Ed via The Wall Street Journal,
It takes an immigrant like me to parse the poison that Bernie Sanders is peddling to the naive youth of this country. It takes someone who has experienced…
“Central bankers may have their hearts in the right place, but no matter how much more they do, they end up with more debt and no progress,” rages CNBC’s Santelli which, as Vine Street’s Yra Harris notes, “is enabled by a potemkin village of counterfac…
Submitted by Eugen von Bohm-Bawerk via Bawerk.net,
In the latest semi-annual Keynesian incantation spewed out by the world’s best pseudo-scientists, we learn that growth has been too slow for too long and that in itself is the cause of slow growt…
In January we pointed out "the last bubble standing," as China's crashing equity market had spurred massive inflows – directed by a "well-meaning" central-planning committee's propaganda – sparking a massive bubble in Chines…
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Asher Edelman just penned a powerful endorsement of Bernie Sanders in the The Guardian titled, I’m the real-life Gordon Gekko and I support Bernie Sanders.
So who is Asher Edelman? Accor…
For many months we have covered the “world’s most bearish hedge fund”, Horseman Global, which over the past several months (and years) has had a stunning run and has generated unprecedented returns (even as it has maintained a net short exposure for th…
Don’t expect any optimistic emails from Tim Cook to Jim Cramer for a long time, because according to a just released report in Japan’s Nikkei, Apple will continue its reduced production of iPhones in the April-June period in light of sluggish sales, ac…
With all eyes on Doha this weekend, today's rig count data may have even less signaling power than normal. The US oil rig count has risen for only one week this entire year and continues to track lagged crude prices lower, dropping 3 to 351 (lowest…
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