Economics

Oil Drilling Our Way Into Oblivion

Saturday, December 20, 2014
By Paul Martin

By: Raul I Meijer Market Oracle Dec 20, 2014 Oh, that sweet black gold won’t leave us alone, will it? West Texas Intermediate went through some speedbumps Friday, but ended over +5%, though still only at $57. Think them buyers know something we don’t? I don’t either. I see people covering lousy bets. And... »

Chart Points To Massive Slow Down: “This Is The Biggest Collapse In The ‘Trade’ Indicator Since Records Began”

Saturday, December 20, 2014
By Paul Martin

Mac Slavo December 20th, 2014 SHTFplan.com Prior to the crash of 2008 global trade was rocking. It was a boon for shipping companies around the world who are responsible for moving raw materials, commodities and consumer products from one country to another. Wall Street, of course, had devised a way to track all of... »

Credit Doesn’t Care What the FOMC Says: The “Recovery” That Never Was Is Over

Saturday, December 20, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/20/2014 The stock market takes off in holiday celebration of the FOMC being even less clear than it really has been in some time; perhaps going all the way back to Alan Greenspan’s intentional mush. Equity “investors” are happy that the Fed may be happy about the economy, even though... »

Prepare for ‘Massive Wealth Destruction’

Saturday, December 20, 2014
By Paul Martin

PrepperFortress.com DECEMBER 20, 2014 Take immediate steps to protect your wealth . . . NOW! That’s exactly what many well-respected economists, billionaires, and noted authors are telling you to do — experts such as Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer. According to them, we are on the verge of another recession,... »

Russian Roulette: Taxpayers Could Be on the Hook for Trillions in Oil Derivatives

Saturday, December 20, 2014
By Paul Martin

By Ellen Brown Global Research December 20, 2014 The sudden dramatic collapse in the price of oil appears to be an act of geopolitical warfare against Russia. The result could be trillions of dollars in oil derivative losses; and the FDIC could be liable, following repeal of key portions of the Dodd-Frank Act last... »

Derivatives and mass financial destruction

Saturday, December 20, 2014
By Paul Martin

By Alasdair Macleod GoldMoney.com 19 December 2014 Globally systemically important banks (G-SIBs in the language of the Financial Stability Board) are to be bailed-in if they fail, moving the cost from governments to the depositors, bondholders and shareholders. There are exceptions to this rule, principally, small depositors who are protected by government schemes, and... »

America’s Big Five Are Plunging the World Into Another Banking Crisis

Saturday, December 20, 2014
By Paul Martin

Ekaterina Kudashkina Sputniknews.com 18.12.2014 A comeback of the pre-crisis lending practices by the world’s biggest banks could end in another banking crisis. So, what exactly are the banking policies? Radio Sputnik is discussing it with former World Bank economist Peter Koenig. n his story titled ‘Memories of Financial Crisis Fading as Risks Rise’ an... »

Things Could Get Much Worse For Russia

Saturday, December 20, 2014
By Paul Martin

THE ECONOMIST BusinessInsider.com DEC. 19, 2014 In the world of central banking slow, steady and predictable decisions are the aim. So when bankers meet in the dead of night and raise interest rates by a massive 6.5 percentage points it suggests something is going very wrong. It is: the Russian currency crisis many feared... »

X22 Report: U.S. Propaganda – Sony Hack Was A Practice Run For North Korea, Next Attack Power Grid

Saturday, December 20, 2014
By Paul Martin

The Greeks are getting closer to Cyrpus style bail-ins.U.S. is number 1 in youth income inequality. Housing bubble is popping and it has started in San Francisco.Russia is buying gold with oil to protect itself. Leaked CIA documents show that drone strikes do not work. Obama creating a “police task force” to nationalize the... »

Paul Craig Roberts – Russia To Unleash Ultimate Black Swan Against The West

Saturday, December 20, 2014
By Paul Martin

KingWorldNews.com December 19, 2014 Today Dr. Paul Craig Roberts warned King World News that the Russians are going to unleash what he called the “ultimate black swan” against the West. Dr. Roberts also discussed how a terrifying series of events would then bring the Western financial system to it knees as the banking system... »

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