Warning over mortgage ‘timebomb’ as homeowners ‘face biggest hike in interest payments ever’ (UK f*cked borrowers are about to learn the key difference between “homeowner” and “mortgage payer).

Shock rise predicted after analysis of figures published by Treasury watchdog Lib Dems found household with £236,000 mortgage would pay extra £2,581 This would be if, as calculated, mean monthly interest payments double to £474 News fuels fears that cost of …

READ MORE

The $2.3 Quadrillion Global Timebomb

By Egon von Greyerz Credit Suisse is hours from collapse and the consequences could be a systemic failure of the financial system. Disappointingly, my dream last night stopped there. So unfortunately I didn’t experience what actually happened. As I warned …

READ MORE