Category: Economy

Subprime Consumer Debt Soars to 7-Year High

Subprime Consumer Debt Soars to 7-Year High

by Dave Kranzler, Investment Research Dynamics This will not end well:   “The trend stems from lenders and investors seeking high yields in a low-interest rate environment. So it’s no wonder that total household debt rose $306 billion, or 2.7...

The Next Empire

by Jeff Thomas, International Man Throughout history, political, financial, and military leaders have sought to create empires. Westerners often think of ancient Rome as the first empire. Later, other empires formed for a time. Spain became an empire, courtesy of...

The End of 30-Year Fixed Rate Mortgages?

from Armstrong Economics The Treasury Department is looking to wind down Fannie Mae and Freddie Mac, but without these organizations, there would be few buyers for 30-year fixed rate mortgages in the secondary markets. The 30-year mortgage was created during...

BREAKING BAD (DEBT) – EPISODE TWO

BREAKING BAD (DEBT) – EPISODE TWO

by Jim Quinn, The Burning Platform ‘If you’re committed enough, you can make any story work. I once told a woman I was Kevin Costner, and it worked because I believed it’ – Saul Goodman – Breaking Bad “As calamitous...

The CPI Lag in Disguise

by Dr. Jeffrey Lewis, Silver-Coin-Investor Here’s another reader’s original and inspired perspective on the short term effects of consumer price inflation and how it differs from the inflation in speculative finance. This latter type of inflation will ultimately break the...

Ross Clark – Sell in May? Ellen Brown – Public Banks. David Skarica – Russia and Greece

Ross Clark – Sell in May? Ellen Brown – Public Banks. David Skarica – Russia and Greece

from Talk Digital Network Ross Clark – Sell in May, and Go Away? email: ross.clark@cibc.ca Ellen Brown – Returning the Banks to the People. Guest’s website: http://www.webofdebt.com/ David Skarica – Russia and Greece Stock Markets. Guest’s website: http://addictedtoprofits.net/

Housing Industry Frets About the Next Brick to Drop

Housing Industry Frets About the Next Brick to Drop

by Wolf Richter, Wolf Street Stephen Schwarzman, CEO and co-founder of Blackstone Group, the world’s largest private-equity firm with $290 billion in assets under management, made $690 million for 2014 via a mix of dividends, compensation, and fund payouts, according...

Marshall Swing Predicts Great Tribulation to Begin in 2015 After Epic Economic Crash

Marshall Swing Predicts Great Tribulation to Begin in 2015 After Epic Economic Crash

by Marshall Swing, Silver Doctors I really enjoyed the Doc’s interview with Jonathan Cahn to start the week off right! The interview covered a lot of ground, more so than other interviews I have heard of Cahn’s, going all the...

Apple buying a third of world’s gold to meet demand for iWatch

Apple buying a third of world’s gold to meet demand for iWatch

by Cecilia Jamasmie, Mining.com The model comes with an 18-karat gold case, designed to be “twice as hard as standard gold.” It also utilizes a sapphire crystal display, and can be outfitted with either a leather or sport wristband. Technology...

The End of Honest Money

The End of Honest Money

by Bill Bonner, Daily Reckoning The season of fasting is upon us. No more high living. It’s time to cinch up our belts…to put on a gaunt face and a smug look. Alone among friends and associates, we will keep...

Apple’s iCar: How to Profit

by Jason Simpkins, Outsider Club Elon Musk made a lot of headlines when he said Tesla Motors (NASDAQ: TSLA) would be as big as Apple (NASDAQ: AAPL) in 10 years. But really, Apple is the company that’s chasing Tesla. That...