“The Thread By Which Venezuelan Socialism Hangs May Soon Snap”

Friday, January 30, 2015
By Paul Martin

by Tyler Durden 01/29/2015 Say you are a socialist, and you have intervened heavily in the economy. Suddenly, things don’t work as you thought they would. Somehow, economic laws seem to refuse to bend to your will. However, you cannot really believe that since according to your convictions, wealth is a byproduct of... »

This Is What a Real-Life Economic Collapse Looks Like

Tuesday, January 27, 2015
By Paul Martin

by Daisy Luther January 27, 2015 Did you ever think about what your life would be like if the stores were closed? I’m not talking about a post-apocalyptic Mad Max scenario or a winter storm that clears the shelves. I’m talking about a long-term disruption of services caused by an economic collapse. What... »

Hungry Venezuelans sleep in endless grocery lines as food shortage crisis worsens

Wednesday, January 21, 2015
By Paul Martin

by: J. D. Heyes Thursday, January 22, 2015 As socialist government deepens in Venezuela, economic conditions continue to worsen for the Venezuelan people — and the government leaders continue to deny that their policies are to blame. So bad, now, is the economy that the government has deployed the military — the military... »

2015 SOTU: The Robin-Hood Distribution Plan

Tuesday, January 20, 2015
By Paul Martin

by Tyler Durden 01/20/2015 Whether you agree or disagree with our points below, or the President’s “wealth redistribution agenda” in tonight’s SOTU address, is of little matter. With both houses of Congress controlled by conservatives, the likelihood of any of these proposals actually passing into law nears “zero.” This will leave the President... »

The Cost Of Obama’s “Free” Community College Vision To Taxpayers? $60 Billion

Friday, January 9, 2015
By Paul Martin

by Tyler Durden 01/09/2015 Yesterday, to much shock and dismay, Obama revealed his latest “noble” grand vision: provide a free community college education to millions of folks. Apparently now, far too late, even the community organizer-in-chief realized that with $1.2 trillion in student loans the Millennials will never be able to take their... »

“Now There’s Not Even Soap” Maduro Heads To China To ‘Save’ Socialist Utopia Venezuela

Monday, January 5, 2015
By Paul Martin

by Tyler Durden 01/04/2015 Social media is awash with striking images of #EmptyShelvesInVenezuela (#AnaquelesVaciosEnVenezuela) as the evaporation of basic human staples such as toilet paper has now been hyperinflated to total chaos at warehouses and supermarkets. As President Maduro decries the loss of $100 oil “stability”, vowing to return oil prices to their... »

“Cash-Strapped” Venezuela Stares Into The Abyss… And Its Default Risk Goes Parabolic…(Who’s Next?!)

Tuesday, December 9, 2014
By Paul Martin

by Tyler Durden 12/08/2014 Some two weeks ago (when Venezuela CDS was trading at 2300 bps) we previewed what – with almost absolute certainty – would be the first “casualty of the crude carnage” – Nicholas Maduro’s little socialist paradise that couldn’t: Venezuela. As a reminder, back then we learned that the OPEC... »

The Death Rattle of Europe’s Statist Dream

Tuesday, October 21, 2014
By Paul Martin

By: Rick Ackerman Market Oracle Oct 21, 2014 Europe’s all-too-predictable relapse into recession is gathering force, threatening not only the pipe dream of economic and political unity, but eroding grandiose illusions that have helped prop up the world’s financial house of cards. The unwillingness of France in particular to play by the EU’s —... »

Martin Armstrong Warns “A Mad Max Event Is Possible”

Friday, October 10, 2014
By Paul Martin

from Armstrong Economics 10/10/2014 We are at a crossroads. The tree has been cut. Which way will it fall – authoritarian or democracy? We can make a difference. Step one is understanding what is the problem. At least then we can address a solution with some reasonable game plan. We have a great... »

France Crushes Socialist Welfare Dream, Admits “Living Beyond Its Means” For 40 Years

Thursday, October 9, 2014
By Paul Martin

by Tyler Durden 10/09/2014 Facing up to the pressures of responsibility as a member of the European Union – having been told their treaty-busting budget plan was unacceptable – it seems France is resorting to the worst case scenario – cut spending! As Bloomberg reports, the glory days of France’s welfare model may... »

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