Archive for February 18th, 2014

by Tyler Durden ZeroHedge.com 02/18/2014 While the bulk of the quantity data contained in the Fed’s quarterly Household Debt and Credit Report is known in advance courtesy of the Fed’s monthly tracking of household revolving and non-revolving debt, the quality components always provide a welcome insight into the state of the US household. It... »

Andrew Cullen Alt-Market.com Tuesday, 18 February 2014 Austrian business cycle theory explains that the “bust” phase of that cycle is created by extension of the cheap and plentiful credit by a fractional reserve banking (FRB) system. A FRB system is inherently fragile during the bust phase as its leverage (lending as a percentage of... »

Daniel Jennings SurvivalBackpack.us 17 Feb, 2014 The Obama Administration’s rules requiring “clean coal” technology in power plants could increase electricity costs by 70 percent to 80 percent in some parts of the country. That admission was made to a Congressional committee by Julio Friedmann, the deputy assistant Secretary of Energy in charge of “clean... »

By Michael Snyder TheEconomicCollapseBlog.com February 16th, 2014 Did you know that the U.S. state that produces the most vegetables is going through the worst drought it has ever experienced and that the size of the total U.S. cattle herd is now the smallest that it has been since 1951? Just the other day, a... »

by Tyler Durden ZeroHedge.com 02/18/2014 As was expected, President Maduro’s forces have detained Leopoldo Lopez – the leader of the anti-government protesters. Having earlier stated, “I present myself here, willing for my arrest to wake up Venezuelans,” it appears Venezuelan authorities have stepped in… *VENEZUELA’S LOPEZ SAYS HE HAS NOTHING TO BE AFRAID ABOUT... »

By Emily Miller WashingtonTimes.com Monday, February 17, 2014 Gun-control advocates frequently use scare tactic to mislead the public into supporting laws that unnecessarily restrict Second Amendment rights. In New Jersey, the most stringent firearms laws in the country don’t satisfy the rabid activists there. They are pushing to lower the legal magazine size from... »

by Tyler Durden ZeroHedge.com 02/18/2014 Days after Kazakhstan broke out is tanks post-devaluation, the promise to “Restore order by all means envisaged” is under way in Ukraine as military vehicles are being mobilized into the city center. As Martin Armstrong so eloquently noted recently, “the Western powers represented by the EU and the US... »

Chuck Biscuits PatDollard.com Feb 18, 2014 Excerpted from E2 Wire: President Obama will unveil the next phase of fuel economy and greenhouse gas standards for heavy-duty vehicles on Tuesday. During his visit to a Safeway distribution center in Upper Marlboro, Maryland, Obama will announce the new standards, which build upon the first standards the... »

Investmentwatchblog.com February 18th, 2014 Venezuela’s Maduro left alone to deal with protests ‘Chavistas’ march in Venezuela, opposition protests continue Text messages warn Ukraine protesters they are ‘participants in mass riot’ Rioting In China’s Restive Xinjiang Region Kills 16 People Toronto police officer found not guilty of assault in G20 protests »

by Tyler Durden ZeroHedge.com 02/18/2014 Thailand’s Government Savings Bank (GSB) president admitted that clients withdrew 30bn Baht (around $1bn) in a single-day last week and Bank for Agriculture and Agricultural Cooperatives (BAAC) and Krungthai Bank (KTB), although of a much smaller magnitude, have also seen withdrawal spikes of similar magnitude according to The Bangkok... »