Spreading the truth. Empowering the people.
A former oil futures broker who went on a weekend drinking binge before blacking out and trading more than 7m barrels of oil has been banned from working in the … Read more
www.washingtonpost.com/business/economy/corporate-debt-nears-a-record-10-trillion-and-borrowing-binge-poses-new-risks/2019/11/29/1f86ba3e-114b-11ea-bf62-eadd5d11f559_story.html Little more than a decade after consumers binged on inexpensive mortgages that helped bring on a global financial crisis, a new debt surge — this time by major corporations … Read more
John Rubin, author of the Dollar Collapse blog, sits down with Mike Manwell to share his thoughts on the financial markets and global economy. During the discussion John mentions that all the negative activity … Read more
NEW YORK (AP) — While trying to lose weight, Becky Beach found assistance in an unlikely place: thousands of online videos featuring people binging on massive amounts of ramen, burgers, … Read more
By David Stockman 2019 Equity fund redemptions now amount to $116 billion, the worst year since ’08 & ’16:
We’re now $22 trillion in debt, yet despite all that red ink, the Mexican cartels have control of our border and we’re not one bit closer to spending money on … Read more
www.bloomberg.com/graphics/2018-corporate-debt/?srnd=premium Masayoshi Son and Elon Musk leveraged their dreams to the hilt. Patrick Drahi stockpiled debt to build a global cable empire. Michael Dell loaded his computer company with risky … Read more
via Luke Kawa The biggest use of cash among S&P 500 companies is making their public footprints smaller — a strategy that’s paid dividends in 2018. According to Goldman Sachs, aggregate … Read more
via nikkei: The 2008 “Lehman shock” is finally catching up with China. Beijing beat the odds for a decade, with the Chinese economy growing at above 6.5% year after year. It … Read more
by Michael Snyder Americans are on an absolutely spectacular debt binge. Does this mean that the economy is getting better, or does this mean that U.S. consumers are totally tapped … Read more
by John Rubino Just as everyone was finally accepting the idea of deflation and negative interest rates, inflation decides to pay a return visit. In the past day, articles with … Read more