Economics

Live, From Athens, It’s Anti-Government Protest Live

Friday, February 27, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 02/27/2015 Two words can describe yesterday’s first impromptu anti-government protest “organized” by the far-left Antarsya party now that the Greek honeymoon with the new Syriza government is over: disorganized and violent, especially since calling it a “protest” is a stretch – if anything was just young, unemployed, angry people tossing... »

A stunningly bad economic signal from the Midwest

Friday, February 27, 2015
By Paul Martin

MYLES UDLAND BusinessInsider.com FEB. 27, 2015 There is some bad news from America’s heartland. Economic activity in the Midwest unexpectedly contracted in February, according to Institute for Supply Management’s latest Chicago Purchasing Managers Index. This report is somewhat out of touch with recent economic data, which has been modestly disappointing but still suggests the... »

Turkish Lira Tumbles To Record Low As Government Questions Central Bank’s Patriotism

Friday, February 27, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 02/27/2015 Another day, another currency hits a record low against the US Dollar. The Turkish Lira has collapsed in recent weeks since Erdogan rampaged against the ‘independence’ of the Central Bank and extended losses today after the economy minister said the government should discuss changing central bank regulations. Nihat Zeybekci... »

The Recovery, Unemployment, and Earnings Are All Based on Fraud and Accounting Gimmicks

Friday, February 27, 2015
By Paul Martin

by Phoenix Capital Research ZeroHedge.com 02/27/2015 For six years, we’ve been told that the US economy is in recovery. This is a totally bogus narrative that was dreamt up by the Central Planners running the Fed. Remember the “green shoots” craze of 2009. It was BS. The US economy is a disaster and has... »

As IMF Default Looms & Tax Revenues Plunge, Greek Stocks & Bonds Tumble

Friday, February 27, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 02/27/2015 As the rest of the world appears happy to assume everything is fixed in Europe (and if it’s not, Draghi will buy it back to being awesome), Greece is looking unwell once again. Initial exuberance has faded dramatically in the last 3 days as IMF default warnings and a... »

Steen Jakobsen Warns Of Looming US Slowdown, “I’m Long Gold… And Adding”

Friday, February 27, 2015
By Paul Martin

by Saxobank’s CIO Steen Jakobsen ZeroHedge.com 02/27/2015 US Q4 growth revised lower, 0% looms later this year Europe has consistently beaten the US as regards expectations Neither EU nor EM have the heft to compensate when US growth fades Let’s kick off with some data – US Q4 revisions are out today and showed... »

X22 Report:US Gov/Central Bankers One Step Closer To Closing Down The Internet

Friday, February 27, 2015
By Paul Martin

Greek withdrawals from the banks at all time highs. The people of Greece are protesting the new government. New home sales beat expectations but lumber sales and prices are declining. FCC voted to approve censorship of the internet. This is first step to close down the internet.Ukraine is in a full blown depression. Russian... »

Gold Sovereigns Bought by Greeks in Volume as New Greek Drachmas Designed

Friday, February 27, 2015
By Paul Martin

By: GoldCore GoldSeek.com Friday, 27 February 2015 - Greece warns may default on IMF loan next week – Greek bank runs continue and deposits flee – German Bundestag votes for bailout extension – Syriza agree to a bailout extension of four months, in return for concessions yet to be approved by the EU –... »

Eric Sprott Was Right —Oil Slump Says ‘No’ to Recovery Story

Friday, February 27, 2015
By Paul Martin

By Henry Bonner GoldSeek.com Friday, 27 February 2015 Gas prices are some of the highest in the country in San Diego, California, and it still cost me only $2.96 a gallon to fill up my tank last week. There’s an excess of oil supplies, according to analysts. You can see from the chart below... »

The “Cashless Economy” Is A Myth

Friday, February 27, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 02/27/2015 Forget what you think you know about credit and debit cards, PayPal, bitcoin, Apple Pay and any other modern conveniences meant to displace physical currency. The truth is that transactional currency ($1 through $20 bills) in circulation per capita today in America is essentially where it was, inflation adjusted,... »

Support Revolution Radio