Economics

How Capitalism Dies

Tuesday, January 27, 2015
By Paul Martin

by Bill Bonner ZeroHedge.com 01/27/2015 In the early 1970s, there were about 200,000 new US businesses created each year (net of closures). Now, the number is negative. Why are Americans getting poorer? Look no further. No new businesses (net). No new jobs (again net). No new wealth. Under Obama and Draghi, crony capitalism flourishes.... »

The World Seems To Be Coming Unglued As Global Stock Markets Plunge

Tuesday, January 27, 2015
By Paul Martin

KingWorldNews.com January 27, 2015 With the Dow plunging and the Nasdaq down almost 100 today, below is a key piece which highlights the incredibly dangerous developments now taking place around the world, and covers everything from breaking news to done strikes and currency wars. By Art Cashin Director of Floor Operations at UBS January... »

Gold: Its Time Has Come

Tuesday, January 27, 2015
By Paul Martin

By Gary Christenson GoldSeek.com Tuesday, 27 January 2015 Governments, confidence, and prices rise and fall. The current collapse in gold prices from August 2011 to November 2014 has been typical for a once-per-decade gold price decline. What changed? Let’s look at the usual suspect: The US Dollar was strong during the 1996 – 1999... »

Dr. Jim Willie: “Dollar Death Process Has Started” – Sources: Germany Is Moving East!

Tuesday, January 27, 2015
By Paul Martin

By Susan Duclos AllNewsPipeLine.com January 27, 2015 One Radio Network was joined by Editor and publisher of the Golden Jackass and the Hat Trick Letter, Jim Willie, who as is stated at the very beginning of the interview, accurately predicted in 2013, the recent Swiss bombshell of unpegging their Franc from the Euro which... »

Junk-Bond Bubble Implodes Beyond Energy, Deals Scuttled, Yields Soar, Suddenly “Insufficient Demand”

Tuesday, January 27, 2015
By Paul Martin

by Wolf Richter WolfStreet.com January 27, 2015 The year 2015 has just started, and already there have been two junk-bond casualties: the first on Thursday, and the second one today. They weren’t energy companies. Energy companies don’t even try anymore. They’ve been locked out. Both deals had to be scuttled because, even at the... »

The Bonds Of The Third Largest Austrian Bank Are Crashing

Tuesday, January 27, 2015
By Paul Martin

by Tyler Durden ZeroHedge.com 01/27/2015 Last year Austria’s largest bank, Erste Bank, sent shudders of Credit Anstalt through the European Banking System. This year it is Austria’s 3rd largest bank that is scaring investors senseless. On the heels of the Swiss National Bank’s decision to un-peg from the Euro, Raiffeisen Bank’s Swiss-Franc-Denominated mortgage worries... »

Panicked super rich buying boltholes with private airstrips to escape if poor rise up

Tuesday, January 27, 2015
By Paul Martin

Hedge fund managers are buying up remote ranches and land in places like New Zealand to flee to in event of wide-spread civil unrest By Alex Wellman Mirror.co.uk Jan. 26, 2015 Super rich hedge fund managers are buying ‘secret boltholes’ where they can hideout in the event of civil uprising against growing inequality, it... »

Failing Stimulus And The IMF’s New ”Multilateral” World Order

Tuesday, January 27, 2015
By Paul Martin

Brandon Smith Activist Post.com Tuesday, January 27, 2015 My theme for 2015 has been the assertion that this will be a year of shattered illusions; social, political, as well as economic. As I have noted in recent articles, 2014 set the stage for multiple engineered conflicts, including the false conflict between Eastern and Western... »

Russia, Iran to Create Joint Bank for Transactions in National Currencies

Tuesday, January 27, 2015
By Paul Martin

Relations between Moscow and Tehran are actively developing, according to Iranian ambassador, so the two countries are planning to trade in national currencies. SputnikNews.com 27.01.2015 MOSCOW, January 27 (Sputnik) – Russia and Iran plan to create a joint account for national currency trade, Iranian Ambassador to Russia Mehdi Sanaei told RIA Novosti in an... »

Get Ready For (Fraudulent) Higher U.S. Interest Rates

Tuesday, January 27, 2015
By Paul Martin

by Sprott Money ZeroHedge.com 01/27/2015 The U.S. government is already bankrupt. This is old news to anyone who has been following the number-crunching of individuals such as former Reagan economic advisor, Professor Lawrence Kotlikoff. The U.S. government, the greatest debtor in the history of the world, claims that it is about to (finally) raise... »

Support Revolution Radio