Brandon Smith Alt-Market.com Thursday, 20 March 2014 With the Crimea referendum passed and Russia ready to annex the region, the United States and the European Union have threatened sanctions. The full extent of these sanctions is not yet known, and announcements are pending for the end of March. If these measures are concrete, they... »
Archive for March 20th, 2014
Estonia Next? Russia “Signals Concern” For Its Citizens In The Baltic Republic
by Tyler Durden ZeroHedge.com 03/20/2014 Amid the growing Crimea crisis, Estonia, Latvia and Lithuania – which like Ukraine were all parts of the old Soviet Union and have very significant concentrations of ethnic Russian-speaking citizens – have expressed growing apprehension over Moscow’s intentions. As Reuters reports, Russia signaled concern on Wednesday at Estonia’s treatment... »
Dropping Like Flies: Largest Steel Maker In China’s Shanxi Province Defaults On CNY 3 Billion In Debt
by Tyler Durden ZeroHedge.com 03/20/2014 When we started discussing the upcoming onslaught of corporate defaults in “Minsky Moment” China, now that the bankruptcy seal has been broken, we warned that the worst is about to come. Well, it’s coming. Overnight, Hong Kong’s The Standard reported that in addition to the solar, coal and real-estate... »
X22 Report:The Fed Will Continue With The Economic Recovery Illusion
Greece has struck a deal to take on more debt and push unemployment higher. Mortgage applications declined again sending housing into a death spiral. The Fed Chairman has reported that the economy is recovering because it has a strong underlying base. Obamacare premiums are set to sky rocket, Consumer Reports is now informing people... »
Beef Prices Surge Most In A Decade As Food Inflation Soars
by Tyler Durden ZeroHedge.com 03/19/2014 Just a month ago we warned that food inflation was on its way. Today we got the first confirmation that problems are on their way. While headline data washes away the nuance of what eating, sleeping, energy-using human-beings are paying month-in and month-out, the fact, as WSJ reports, that... »
The Federal Reserve Seems Quite Serious About Tapering – So What Comes Next?
By Michael Snyder ZeroHedge.com March 19th, 2014 Will this be the year when the Fed’s quantitative easing program finally ends? For a long time, many analysts were proclaiming that the Fed would never taper. But then it started happening. Then a lot of them started talking about how “the untaper” was right around the... »