The debt ceiling issue is returning to the forefront in American politics, again threatening a government shutdown. Last time, the shutdown resulting in sequester for many agencies that suspended work for many government employees; a great deal of political theater...
This article was written by Michael Snyder and originally published at his Economic Collapse blog. Editor’s Note: The derivatives markets dwarfs the already death-defying levels of debt and bad credit that surround markets. With a few more firms like Glencore...
It is not uncommon to hear people in the streets, on blogs or on talk radio arguing that the gangs of Wall Street should have been jailed — or even hung — for their crimes against the American people. But to hear that kind of talk from a former Federal Reserve...
This article was written by Joshua Krause and originally published at the Daily Sheeple. Editor’s Comment: When the established money supply counterfeits itself, and throws the economies of the globe out of whack, it is makes sense to take refuge in tangible,...
There is further indication that we are swinging dangerously close to another financial collapse. While markets were spooked in September about the possibility of a Fed rate hike, and the stock market took several dives, things have so far not gone headlong into...
This troubling number underscores what is happening in the markets: $63 billion fleeing mutual funds just in the past three months. It represents another sign that zero percent interest has screwed over the real economy. Rather than “growth” in the form of...