Why Credit Creates Bubbles That Break the Economy

Authored by Charles Hugh-Smith via oftwominds, The asymmetric scaling of credit has inflated The Everything Bubble that will burst with devastating consequences for the real economy. When credit scales faster than it can be absorbed by productive investments, the resulting credit-asset bubbles break the …

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The End of the Anonymous Internet

by Martin Armstrong Congress is once again advancing legislation under the banner of protecting children online, and whenever government begins framing policy in moral language, it usually means something far more intrusive is being constructed beneath the surface. The latest push on the Kids …

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KREMLIN: END OF THE WORLD UPON US

Putin’s spokesman has addressed the growing fear that ‘the end of the world is upon us’ with most people having never lived through a worse time. Dmitry Peskov also hit out at a breakdown in ‘international law’ as massive US …

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The war of the oil refineries

The war of the oil refineries: Iran says it targeted tonight a refinery in Israel after an attack on its own refinery in Tehran. The regional energy infrastructure is getting pulled deeper and deeper into the conflict in a rapid …

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