Dec 292014
 
 December 29, 2014  Posted by at 11:51 am Finance Tagged with: , , , , , , ,  No Responses »
Debt Rattle December 29 2014

• Greece Faces Snap Election as Samaras Fails to Install President (Bloomberg) • Greek Stocks Tank After Presidential Vote (CNBC) • ‘Life Will Go On’ Thesis About Global Economy Might Not Work In 2015 (Guardian) • Distressed Debt Losses Worst Since ’08 Credit Crisis on Oil Rout (Bloomberg) • US Bond Sentiment Worst Since Disastrous ’09 as Fed Shifts (Bloomberg) • The 94% Plunge That Shows Abenomics Losing Global Investors (Bloomberg) • Japan’s Regional Banks Face Stress Test For Ultra-Low

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Dec 282014
 
 December 28, 2014  Posted by at 11:15 pm Finance Tagged with: , , , , , , ,  6 Responses »
Things To Do In 2015 When You're Not Yet Dead

America has managed to construct an entirely one-dimensional political system. There’s no discernible difference left between left and right, other than in spin language pre-cooked for the sole purpose of faking the concept of elections. There’s very right and ultra right. America is living proof that once money is allowed into politics, the accumulation of it, and of the power it can buy, will and eventually must fully control a democratic system, which in the process, of necessity, suffocates and

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Dec 282014
 
 December 28, 2014  Posted by at 12:28 pm Finance Tagged with: , , , , , , , ,  4 Responses »
Debt Rattle December 28 2014

• Pope Francis Climate Change Encyclical To Anger Deniers, US Churches (Observer) • Hungry Britain: Millions Struggle To Feed Themselves, Face Malnourishment (Ind.) • Decline in Oil Could Cost OPEC $257 Billion in 2015 (Daily Finance) • US Oil-Producing States See Budgets, Jobs at Risk as Price Falls (NY Times) • China’s 3.5% Trade Growth in 2014 Falling Far Short Of 7.5% Target (Reuters) • Japan Approves $29 Billion Stimulus Plan, Impact In Doubt (Reuters) • Japan Approves $29 Billion

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Dec 272014
 
 December 27, 2014  Posted by at 12:42 pm Finance Tagged with: , , , , , , ,  2 Responses »
Debt Rattle December 27 2014

• Natural Gas Drops Below $3 for First Time Since 2012 (Bloomberg) • Oil Caps Fifth Weekly Loss on Global Supply Glut Concern (Bloomberg) • Saudi Arabia Maintains Spending Plans in 2015 Despite Oil Slide (WSJ) • Saudis To Hit ‘Panic Button’ At $40 Oil: Energy CEO (CNBC) • Drilling Cutbacks Mean Service Companies Forced to Scrap Rigs (Oilprice.com) • Gartman: Get Ready For Oil Bankruptcies (CNBC) • China November Industrial Profits Suffer Sharpest Fall In 27 Months (Reuters) •

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Dec 262014
 
 December 26, 2014  Posted by at 9:23 pm Finance Tagged with: , , , , , ,  26 Responses »
2014: The Year Propaganda Came Of Age

From just about as early in my life as I can remember, growing up as a child in Holland, there were stories about World War II, and not just about Anne Frank and the huge amounts of people who, like her, had been dragged off to camps in eastern Europe never to come back, but also about the thousands who had risked their lives to hide Jewish and other refugees, and the scores who had been executed for doing so,

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Dec 262014
 
 December 26, 2014  Posted by at 12:27 pm Finance Tagged with: , , , , , , , , , ,  3 Responses »
Debt Rattle Boxing Day 2014

• SF Fed Warns US Stock Values Will Be Cut In Half In Next Decade (Zero Hedge) • Dipping Into Auto Equity Devastates Many US Borrowers (NY Times) • First Oil, Now US Natural Gas Plunges Off The Chart (WolfStreet) • China Eases Again, Sets Non-Bank Deposit Reserve To Zero (Zero Hedge) • Russia Says Ruble Crisis Over As Reserves Dive, Inflation Climbs (Reuters) • Reuters Objectively Sees Russia’s Options as Losing or Losing Badly (Beversdorf) • Japan No A

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Dec 252014
 
 December 25, 2014  Posted by at 1:18 pm Finance Tagged with: , , , , , , , , ,  2 Responses »
Debt Rattle Christmas Day 2014

• US Retailers May Only Just Meet Holiday Sales Forecasts (Reuters) • Oil Tanks On Surge In US Supply And Imports (CNBC) • Oil Slide ‘Turbocharging’ Airline Profits (CNBC) • Make No Mistake, the Oil Slump Is Going to Hurt the US Too (Katusa) • France Has Never Had This Many Unemployed People Before (Reuters) • Why Everyone Is About To Rush Into Subprime Mortgage Debt – Again (Zero Hedge) • UK Growth Revised Down As Current Account Deficit Soars

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Dec 242014
 
 December 24, 2014  Posted by at 1:09 pm Finance Tagged with: , , , , , , ,  11 Responses »
Debt Rattle Christmas Eve 2014

Merry Christmas! • Here Is The Reason For The “Surge” In Q3 GDP (Zero Hedge) • The US Economy ‘Grew’ By $140 Billion As Americans Became Poorer (Zero Hedge) • China’s Bubble Looks Bigger Than America’s, Says Steve Keen (Straits Times) • UBS Raises Flag on China’s $1 Trillion Overseas Debt Pile (Bloomberg) • Oil Drillers Under Pressure to Scrap Rigs to Cope With Downturn (Bloomberg) • Can Canadian Oil Sands Survive Falling Prices? (BW) • T. Boone Pickens Says

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Dec 242014
 
 December 24, 2014  Posted by at 1:13 am Finance Tagged with: , , , ,  17 Responses »
You Thought The Saudis Were Kidding?

There are many things I don’t understand these days, and some are undoubtedly due to the limits of my brain power. But at the same time some are not. I’m the kind of person who can no longer believe that anyone would get excited over a 5% American GDP growth number. Not even with any other details thrown in, just simply a print like that. It’s so completely out of left field and out of proportion that you would think

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Dec 232014
 
 December 23, 2014  Posted by at 12:47 pm Finance Tagged with: , , , , , , , , , ,  6 Responses »
Debt Rattle December 23 2014

• OPEC Will Not Cut Output However Far Oil Falls: Saudi Oil Minister (Reuters) • On Fuel, Airlines Gambled And You Lost (Reuters) • Billionaire Shale Pioneer Cuts Spending 41% on Oil Crash (Bloomberg) • Morgan Stanley, Rosneft Oil-Unit Deal Fails On Sanctions (Bloomberg) • If Shell Backs Out, Arctic Oil Off the Table for Years (Oilprice.com) • Biggest Arctic Gas Project Seeking Route Around U.S. Sanctions • Outlook Sours for Europe’s Oil Titans on Crude Slump (Bloomberg) • Arab

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