Economics

Western Banks Cut Off Liquidity To Russian Entities…(War In 3…2…1…)

Wednesday, December 17, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/16/2014 Unfortunately for the bulls, various falling knife-catchers, and those who hope the Russian situation will stabilize imminently with or without capital controls, it appears things in Russia are about to get a whole lot worse because as the WSJ reports, the next driver of the Russian crisis is likely... »

Memo To WSJ: The CRomnibus Abomination Was Not “A Rare Bipartisan Success”

Wednesday, December 17, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/16/2014 The rank economic cheerleading in the guise of “news” printed by the Wall Street Journal, Reuters and the rest of the financial press never ceases to amaze. But on the heels of Congress’ pathetic capitulation to Wall Street over the weekend you have to wonder if even the robo-writers... »

Commodity Trading Giant Exits Physical Gold Due To “Lack Of Physical With A Documented Origin”

Wednesday, December 17, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/16/2014 If the world’s fifth largest trader of commodities has chosen to outright not trade gold, and thus not generate value for its shareholders over risks and fears that another, or two, or three, or a countless number of other prior “owners” may come knocking one day and demanding delivery... »

AMERICA’S SECOND 9/11 IS UPON US

Tuesday, December 16, 2014
By Paul Martin

by Dave Hodges TheCommonSenseShow.com 16 Dec, 2014 America’s first 9/11 served to turn American into a police state under dictatorial control. In the name of protecting the people from experiencing a another 9/11, it became “necessary” to protect Americans from their Constitutional liberties in the name of fighting the “evil doers”. After 9/11 we... »

Global Industrial Behemoth GE Just Published A 2-Slide Warning About Oil

Tuesday, December 16, 2014
By Paul Martin

MYLES UDLAND BusinessInsider.com Dec. 16, 2014 General Electric doesn’t have a great outlook on oil. In its annual investor presentation, GE included the following two slides, which state that the company expects revenue and profit in its oil & gas segment to be flat to down next year, while the company plans to maintain... »

Total Chaos: Massive Market Moves Spark Selling-Panic Into Close

Tuesday, December 16, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/16/2014 Incredible Volatility today – 100 point roundtrip in the S&P, and 800 points in the Dow – all driven by a halt in Ruble Trading, the European close, and Kuwait pissing on the US market’s fireworks… The Rest…HERE Share on Facebook »

Outspooking The Lehman Apocalypse: Could A Russian Default Be In The Cards?

Tuesday, December 16, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/16/2014 Russia’s markets have been spanked hard despite last night’s hike. 19% currency crash and 13% down stocks in a session. Ouch! Cumulatively, over the past few weeks stocks, oil and the Ruble are off 50% plus, and bonds off 40%. This morning felt like free-fall. Expect more action from... »

A Full-Blown Economic Crisis Has Erupted In Russia

Tuesday, December 16, 2014
By Paul Martin

By Michael Snyder TheEconomicCollapseBlog.com December 16th, 2014 The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of countries really hard, but very few nations are as dependent on energy production as Russia is. Sales of... »

Wall Street Harbinger Jefferies Reports Q4 Bloodbath: 73% Plunge In Fixed Income Revenue, 45% Drop In Equities

Tuesday, December 16, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/16/2014 What Jefferies is best known for among Wall Street shareholders is that, by still reporting a Nov. 30 fiscal year end, 1 month ahead of everyone else, it provides an invaluable glimpse into the fortunes of its Wall Street peers with a 4 week advance notice, especially when it... »

Russia Prepares For GDP Surge As Consumers Scramble To Spend Their Plunging Rubles

Tuesday, December 16, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 12/16/2014 In the most ironic twist of all amid the “currency crisis” enveloping Russia, we suspect the world’s central bankers will be looking on jealously as The CBR manages to achieve precisely what The BoJ and The Fed are desperate to achieve. In raising inflation expectations, The FT reports, Russians... »

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