May 222015
 
Debt Rattle May 22 2015

• 1 in 3 Americans Have Metabolic Syndrome (LiveScience) • France To Force Big Supermarkets To Give Away Unsold Food To Charity (AFP) • ECB Claims Austerity “Complements” QE (Zero Hedge) • Now The Bank Of England Needs To Deliver QE For The People (Guardian) • 572 Rate Cuts Since 2008, One Every Three Trading Days (Zero Hedge) • David Stockman: The Morning After Will Be Nasty (CNBC) • There’s A Simple Way To Make Sure Bankers Don’t Rig Markets

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May 212015
 
 May 21, 2015  Posted by at 10:12 am Finance Tagged with: , , , , , , , , , ,  2 Responses »
Debt Rattle May 21 2015

• Has The Fed Got A Grasp On Economic Reality? (Gambles) • Global Inflation Mystery Risks Making Central Bankers Bystanders (Bloomberg) • Investors Need To Face The Possibility Of A ‘Great Reset’ (MarketWatch) • Guilty Pleas and Heavy Fines Seem to Be Cost of Business for Wall St. (NY Times) • Cui Bono (Richard Breslow) • Record Number of American Stores, Malls Closing: Davidowitz (Bloomberg) • Defiant Greeks Force Europe To Negotiating Table As Time-Bomb Ticks (AEP) • Greek Pensions

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May 202015
 
 May 20, 2015  Posted by at 10:24 am Finance Tagged with: , , , , , , , , , , , ,  9 Responses »
Debt Rattle May 20 2015

• The Low Velocity Economy – US Money Velocity At All-Time Low (CI) • Euro Plunges As ECB Official Pledges To Speed Up Bond Purchases (Bloomberg) • 5 Bubbles Draghi’s QE Is Already Blowing (MarketWatch) • Is The UK In The Early Stages Of Deflation? (Guardian) • Bernie Sanders Wants Wall Street To Pay For Your College Tuition (Vox) • The Economy for Young Americans Is Still Terrible (Atlantic) • Theft Of Greek Bank Deposits To Send Shockwaves Around The

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May 192015
 
 May 19, 2015  Posted by at 7:38 pm Finance Tagged with: , , , , , , , ,  4 Responses »
Obama Has A Big Fat Greek Finger

Will this Greek stuff ever stop? Probably, but don’t hold your breath. I was reading up on China, but that will have to wait till tomorrow. A friend just sent me a Sputnik story -they’re a Russian news channel, so they can’t be trusted, right?!- that adds more juice to the Syriza vs troika tale. And whaddaya know, the king of Greece leaks, Paul Mason at Channel 4, is involved once again. Let’s do Mason first. He’s in Athens and,

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May 192015
 
Debt Rattle May 19 2015

• We Are Now Entering The Terminal Phase Of The Global Financial System (Stockman) • Bank Of America Is Forecasting A ‘Scary Summer’ For Stock Market (MarketWatch) • Pay Bankers No More Than Civil Servants, Says Ex-Cameron Strategist (Guardian) • Fossil Fuel Companies Get $10 Million A Minute In Subsidies: IMF (Guardian) • UK Inflation Rate Below Zero for First Time Since 1960 (Bloomberg) • As The UK Has Discovered, There Is No Postindustrial Promised Land (Guardian) • The End

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May 182015
 
 May 18, 2015  Posted by at 1:36 pm Finance Tagged with: , , , , , , , , ,  7 Responses »
The IMF Leaks Greece

Whenever secret or confidential information or documents are leaked to the press, the first question should always be who leaked it and why. That’s often more important than the contents of what has been leaked. And since there’s been a lot of hullabaloo about a leaked document the past two days, here’s a closer look. Spoiler alert: the document(s) don’t reveal much of anything new, despite the hullabaloo. On Saturday, Paul Mason at Channel 4 in Britain posted an IMF

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May 182015
 
 May 18, 2015  Posted by at 9:50 am Finance Tagged with: , , , , , , , , , ,  2 Responses »
Debt Rattle May 18 2015

• Q Ratio: Today’s Stock Market Has at Least One Similarity to 1929 (Bloomberg) • Greece’s Debt Battle Exposes Deeper Eurozone Flaws (WSJ) • Would Staying In The Euro Be A Catastrophe For Greece? (Guardian) • Greek Endgame Nears for Tsipras as Bank Collateral Hits Buffers (Bloomberg) • Greek Lessons for UK’s David Cameron (WSJ) • David Blanchflower: Bank of England In Cloud-Cuckoo Land On Wages (Independent) • UK Police Warn Big Budget Cuts Will Lead To ‘Paramilitary’ Force (Guardian)

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May 172015
 
 May 17, 2015  Posted by at 10:35 am Finance Tagged with: , , , , , , , , , , , , ,  2 Responses »
Debt Rattle May 17 2015

• Most of US Domestic Manufacturing Now in Technical Recession (Tonelson) • When Fools Rush In… (Reuters) • The Coming Crash of All Crashes – but in Debt (Martin Armstrong) • Are You Ready For The Coming Debt Revolution? (Bill Bonner) • Exit Strategy, Part One: ZIRP (Mehrling) • Why Most Gold Bugs Are Dead Wrong (Jim Rickards) • US Wakes Up To New -Silk- World Order (Pepe Escobar) • Tsipras Told Lagarde Greece Could Not Pay IMF (Kathimerini) •

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May 162015
 
 May 16, 2015  Posted by at 3:01 pm Finance Tagged with: , , , , ,  6 Responses »
What Resilience Is Not

A little over a week ago I published an article at The Automatic Earth by our friend Dr. Nelson Lebo III from Wanganui, New Zealand, named Resilience is the New Black. After being reposted at Zero Hedge, Naked Capitalism and at least a dozen other sites, it may well have had more hits than everything he ever wrote put together. While that is obviously great, Nelson also did come away feeling a bit misunderstood – in particular, about what resilience

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May 162015
 
 May 16, 2015  Posted by at 10:19 am Finance Tagged with: , , , , , , , , , , ,  5 Responses »
Debt Rattle May 16 2015

• The New Era Of Return-Free Risk (Reuters) • Global Asset Classes Suffer From a Highly Contagious Disease (Bloomberg) • US Farmers In ‘Dire Straits’: JPM Warns Of Liquidity Crunch (Zero Hedge) • Private Debt, Economic Stagnation and a Modern Debt Jubilee (Steve Keen) • China Backtracks on Deleveraging Local Government Debt (WSJ) • China Deleveraging Measures Create Perpetual Leverage Machine (Zero Hedge) • A Blueprint for Greece’s Recovery within a Consolidating Europe (Varoufakis) • Greek PM Tsipras Takes ‘Command’

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