Bill Blain: The Tragedy of HSBC
"HSBC has become as yesterday as Deutsche Bank."
5 June 2020 - 10:46
Can the Elites Freeze Bank Accounts and Seize Deposits? Read On to Find Out!
"... the Powers That Be have been working on this for well nearly a decade."
12 May 2020 - 10:39
WATCH: Violent Protests Erupt in Lebanon as Debt and Currency Crises Deepen
Lebanon is struggling with a 45% drop in GDP as a result of the coronavirus lockdown and 40% unemployment. Over half the population is living below the poverty line.
28 April 2020 - 15:12
Bill Blain: Avoiding a Pension Crash
"If it goes wrong we face social unrest, revolutions and, because all the environment, overpopulation, and poverty issues remain, don’t rule out an escalation of resource driven wars."
24 April 2020 - 13:48
Tom Luongo: Merkel Survives the Coronapocalypse, but the European Union Won’t
"Thanks to Merkel holding the line on debt mutualization and EU fiscal integration ... CDU is now polling at levels it hasn’t enjoyed since before the last general election in 2017."
21 April 2020 - 16:48
Michael Snyder: Deep Economic Suffering Has Erupted All Over America, but Guess Who the Federal Reserve Is Helping?
"...the Fed is coming up with lots of new ways to give handouts to the very wealthy."
13 April 2020 - 22:48
Matthew Ehret: Portillo’s Spirit Haunts the Oligarchy
"Trapped under years of conditionality-laden loans from the IMF and World Bank, Mexico and other nations of the Global South were trapped under usurious debts, underdevelopment ... and poverty with no hope in sight."
11 April 2020 - 23:55
Ashoka Mody: Charting This Crisis
"...it is not the task of a central bank to deal with insolvencies."
6 April 2020 - 07:48
This is the Single Most Important Chart in the World Right Now
"...if you want to get an idea of where the markets are heading you need to watch credit."
2 April 2020 - 16:48
Tom Luongo: Who’s Next to Fail in the Post-COVID World?
"COVID-19 has cratered the global economy exposing the internal rot within our hyper-financialized global economy as nothing more than a pyramid of Ponzi schemes…"
31 March 2020 - 13:48
Tom Luongo: Eurobonds or Bust? That’s the Next Phase of the EU
"Europe is broke. Its bond market is non-functional under a negative interest rate regime."
30 March 2020 - 13:48
John Keiger: France, Germany and the Corona Debt
"The French lockdown ... is an economic bombshell. French debt, before Covid-19, was running at over 100% GDP..."
28 March 2020 - 07:48
Crisis and Opportunity: A Positive Spin on the Current Coronavirus Pandemic
"...President Trump’s efforts to invoke national controls to remobilize America’s decayed industrial base..."
28 March 2020 - 01:48
Graham Summers: The Everything Bubble Has Burst… Now Comes the Inflationary Storm
"Bond yields have begun rising, suggesting the bond market is beginning to discount inflation hitting the financial system."
20 March 2020 - 16:48
Tom Luongo: Has Anyone Told the ECB Yet It’s Bankrupt?
"Today, the ECB is powerless to stop this. They don’t have the tools nor the expertise. And they won’t even after they get the reforms they believe they need. It is bankrupt now and it will need external help to survive."
17 March 2020 - 19:48
Tom Luongo: And the Winner is? Deflation.
"... when you owe the bank a thousand dollars it’s your problem. When you owe the bank a few billion, it’s the bank’s problem."
13 March 2020 - 07:48
Agriculture and Fishing / Brexit / Defence and Security / Economy / Environment / Finance and Banking / International Relations / Law / Travel and Transportation
The French Senate’s Brexit Committee’s Recommendations to the French Government, 2 March 2020
"Rappelle son opposition de principe à toute perspective qui aboutirait à réserver un sort spécifique à la question de la pêche, sous la forme d’un « Brexit » sectoriel, dont les premières victimes ne manqueraient pas d’être les pêcheurs de l’Union..."
10 March 2020 - 04:48
Sugar and Spice and Everything Vice: The Empire’s Sin City of London
"Looking upon investment bankers today, one is reminded of those sad addicts in the casino who are ruined and lose everything, except the difference is, they are given the option to sell their neighbour’s family into slavery to pay off their debt."
9 March 2020 - 04:48
Lance Roberts: Federal Reserve’s “Emergency Rate Cut” Reveals Recession Risks
"...there mounting evidence it may not work."
6 March 2020 - 19:48
“£1 Trillion” Brexit Assets: Big Headline, Trivial Impact
"Not only does New Financial defend the dying attempt to keep the UK closely attached to the EU post-Brexit, it generates agenda-driven headlines with no real substance."
5 March 2020 - 10:48
Michael Kahn: It’s Not 2000, but the Market Is Mighty Narrow Again
"But don’t worry, the Fed has already committed to more quantitative easing. Whoopee! Kick that can, Jerry."
22 February 2020 - 04:48
Michael Lebowitz and Jack Scott: Digging for Value in a Pile of Manure
"Stocks are overvalued, trillions in sovereign debt trade with negative interest rates, corporate credit, both investment grade, and high yield seem to trade with far more risk than return, and so on. However, as investors, we must ask, can we dig through this muck and find the pony in the room."
19 February 2020 - 19:48
The EU and the City: Putting Equivalence in Perspective
"...the European Commission has already tried to force the UK to charge VAT on commodity derivatives traded on the International Commodity Exchange (ICE), the London Metal Exchange (LME) and the London Platinum and Palladium Market (LPPM)."
19 February 2020 - 07:48
Surprise: Massive Consumer Debt Is Fueling “Record” Economy
"In May 2018, we reported a 47% increase in total consumer debt. Today, that debt is still on the rise, now at a staggering 61% increase since 2008."
17 February 2020 - 19:48