Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter You just don’t lend Argentina’s government money. Not in its own currency, because it relentlessly destroys that currency, and not in a foreign currency, because it will default on it. Lending money to Argentina is like …
by FS Listen to this podcast on our site by clicking here or subscribe on iTunes here. For issuers of debt (borrowers), interest rates are the cost to borrow funds; for buyers of debt (lenders), it is the rate of return they get …
Authored by Brandon Smith via Alt-Market.com, It is at times frustrating, but also interesting, to witness the progression of the mainstream’s awareness of economic crisis within the U.S. over the years. As an alternative economist, I have had the “privilege” …
by Martin Armstrong The US sanctions against Russia are pointless and are placing the West at risk the politicians are too stupid to even comprehend. Already, some Russian companies have asked the government for liquidity injections of up to $2 …
from Zero Hedge It is official. Consumers in Colorado appear to be tapped out. This comes at a time when the recovery is now tied for the second-longest economic expansion in American history. The stock market is near an all-time high, …
by COMPUTER1313 https://www.economist.com/news/business-and-finance/21741377-corporate-debt-could-be-culprit-where-will-next-crisis-occur One sign that the credit quality of the market has been deteriorating is that, globally, the median bond’s rating has dropped steadily since 1980, from A- to BBB-. The corporate-bond market is divided into investment grade (debt with …
It’s simply a matter of time. Central banks have backed themselves into a corner. They can easily devalue the currency to remain competitive for exports. But that means more money printing. Will they do it? Will they hyperinflation the currency? …
by John Rubino In interviews, whenever I try to make the case that US policies are leading to the kinds of currency disruptions common in developing countries, I say something like, “For a glimpse of America’s future, take a look …
by Martin Armstrong China is on its way to reaching the title of the Financial Capital of the World post-2032. However, that is also NOT going to be accomplished all on its own. In part, this is the moving trend and …
https://twitter.com/OccupyWisdom/status/989903501860982785 https://twitter.com/OccupyWisdom/status/989903791846805504 https://twitter.com/OccupyWisdom/status/989903205827076097 Compression in $SPX (daily) continues — indicating that a major imbalance is nearing… pic.twitter.com/F5pW3BALwx — Alastair (@StockBoardAsset) April 27, 2018 ‘We are headed for a massive financial crisis’ & Fed has ‘no idea what’s going on’ – …
https://www.youtube.com/watch?v=g00VsMzl2h4 MSNBC host Joy Reid is under fire after old posts from her personal blog surfaced in which she expressed homophobic views. Reid says her blog was hacked. Now the FBI is investigating. RT America’s Anya Parampil reports.
by Brian Maher via Daily Reckoning America’s silent crisis is no longer… silent. MarketWatch columnist Jeff Reeves has warned that “collapsing pensions will fuel America’s next financial crisis.” “This is not a distant concern,” he adds, “but a system already in …
by Chris Black Trump’s administration received a serious setback on Wednesday, following an activist Federal Judge’s decision, which forces the Department of Homeland Security to resume the Dreamers Program, an Obama-era (illegal/unconstitutional) executive order that protects hundreds of thousands of …
The year 2050 is factoring in continuous growth from now until then. Just imagine how it will be in reality! The pensions will not be able to keep up with their promises. Get ready for cutbacks! Why isn’t this a …
via Ben Chu One of the world’s top financial economists said his current research made him concerned that credit was once again being granted too liberally, just as it was before the 2008 meltdown… One of the world’s top financial economists …
Can you believe how insane the levels are at this time? Just look around and see everything out of whack. In your opinion, will the stock market break all time new highs in 2018 or did we pass the peak …
via Peter Macdiarmid The Bank of England has been criticised by a leading think-tank for being “dangerously ill-equipped” to deal with the next recession to hit the UK. A report from the Institute for Public Policy Research (IPPR) argues that …
This is another SUBPRIME CRISIS. Whether or not this will be anything close to the housing crisis from 2007, doesn’t matter. There will be a TRIGGER EVENT that takes place and it will have a domino effect around the world. …
What do you think the TRIGGER EVENT will be for the next financial crisis? Or perhaps you may believe stocks will never decline ever again? When you look at the U.S. economy you see a mirage. It looks so real. …
by John Rubino Pensions really are in crisis, but the story is so full of large numbers, obscure projections, and dry terms like “unfunded liabilities” that not many people are paying attention. The same is true for a lot of …
Take a few minutes and watch this RTD educational documentation, “The Entitlement Crisis Nobody’s Talking About”. Share your thoughts below on the future entitlement expenditures in the USA? Are you expecting to receive any type of benefits and if not …
by stockboardasset On Thursday, Young Invincibles released a troubling update to their report, “The Financial Health of Young America: Measuring Generational Declines Between Baby Boomers & Millennials.” This report includes a cross-generational study of the financial well-being of Millennials today versus Baby Boomers when they were …
by Martin Armstrong While the majority keep bashing the Federal Reserve, other central banks seem to escape any criticism. The European Central Bank under Mario Draghi has engaged in what history will call the Great Monetary Experiment of the 21st …
Image by iStock/DNY59 From Jim Rickards, Editor, The Daily Reckoning: All financial crises are the same and different at the same time. They are the same when it comes to the dynamics of contagion, illiquidity, bank failures and the high-panic state …
from Financial Survival Network Boston University’s Professor Laurence Kotlikoff returns… There’s a retirement crisis that’s about to hit the country. Whether you’re a retired/retiring government worker, a social security recipient or perhaps a millennial who’s expected to pay for it all, it cannot …
via JAMES RICKARDS All financial crises are the same and different at the same time. They are the same when it comes to the dynamics of contagion, illiquidity, bank failures and the high-panic state in which everyone in the world wants …
Josh Sigurdson talks with author and economic analyst John Sneisen about the latest troubles for Wells Fargo as the bank sees the lowest mortgage number since the last financial crisis! In last year’s Q4, mortgage applications plunged by 10 billion …
by Martin Armstrong QUESTION: Mr. Armstrong; For the past two WEC events you have warned that the Sovereign Debt Crisis will strike first outside the USA and the rise in the dollar and US interest rates will push emerging markets …
Josh Sigurdson talks with author and economic analyst John Sneisen about the clear struggles in the auto industry as demand falls significantly and subprime buyers disappear from showrooms. The March sales pace fell to its lowest in seven months. Sales …
Despite what the mainstream media told you, we are in CRISIS MODE. There hasn’t been in a time in history when this much debt has been utilized. But here we are. Most people will point and say “Look! nothing happened. …