Nov 282015
 November 28, 2015  Posted by at 11:26 am Finance Tagged with: , , , , , , , , ,  8 Responses »
Black Weekend

How black would you like your Thanksgiving Friday slash weekend? Many Americans don’t even appreciate the term, or the events, at all anymore (or so they say), but the idea of getting what you don’t need, or want, on the cheap, will still prove irresistible. But then, when all of your desires have been fulfilled, food wise and gadget wise, and you’re still feeling empty, maybe we can help and offer a sweeping redefinition of the term Black Friday. Since

Nov 282015
 November 28, 2015  Posted by at 9:35 am Finance Tagged with: , , , , , , , , , ,  No Responses »
Debt Rattle November 28 2015

• US Energy Sector “On The Cusp Of A Staggering Default Wave” (EI) • Black Friday Crowds Thin In Subdued Start To US Holiday Shopping (Reuters) • Salting The Economy To Death (Gordon) • Student Debt in America: Lend With a Smile, Collect With a Fist (NY Times) • China Calm Shattered as Brokerage Probe Sparks Selloff in Stocks (Bloomberg) • Half of Gold Output May Not Be ‘Viable’ as Price Sags (Bloomberg) • HSBC Whistleblower Falciani Sentenced To 5

Nov 272015
 November 27, 2015  Posted by at 10:14 am Finance Tagged with: , , , , , , , , ,  1 Response »
Debt Rattle November 27 2015

• The $400 Billion Ripoff That Could Destroy The Greek Bailout (CNBC) • Good News, Holiday Shoppers: Retailers Are Desperate (MarketWatch) • China’s Stocks Sink Most in Three Months as Broker Probes Widen (Bloomberg) • China October Industrial Profits Fall For Fifth Straight Month (Reuters) • China’s Stock-Market Regulator is Investigating Citic Securities (WSJ) • Japan Spending Slumps Even As Unemployment Hits 20-Year Low (Reuters) • Japan Prime Minister Debuts New Social Programs to Help Economy (WSJ) • Japan’s Debt

Nov 262015
 November 26, 2015  Posted by at 10:46 am Finance Tagged with: , , , , , , , , , ,  5 Responses »
Debt Rattle November 26 2015

• China’s Desperate Commodity Sector Demands State Buy Up Surplus Metals (ZH) • China’s New Silk Road Dream (Bloomberg) • End of EU Border-Free System Could See Euro Fail, Warns Juncker (WSJ) • ECB Alternatives Could Include Penalties On Banks Hoarding Cash (Reuters) • UK Mortgage Lending Hit Seven-Year High In October (Guardian) • Osborne Plans To Eradicate Deficit Dissolve Into Puddle Of Excuses (Bell) • George Osborne Delays The Fiscal Pain But It Will Still Be Ferocious (AEP) •

Nov 252015
 November 25, 2015  Posted by at 10:39 am Finance Tagged with: , , , , , , , , ,  5 Responses »
Debt Rattle November 25 2015

• European Banks Sitting On €1 Trillion Mountain Of Bad Debt (Guardian) • If China Killed Commodities Super Cycle, Fed Is About to Bury It (Bloomberg) • US, German Manufacturers Can’t Shake The Slowdown In China (Forbes) • China’s Latest Economic Indicators Make For Gloomy Reading (Bloomberg) • Iron Ore Rout Deepens as Rising Supply, Weaker Demand Feed Glut (Bloomberg) • Presenting SocGen’s 5 Black Swans For 2016 (Zero Hedge) • Elite Funds Prepare For Reflation And A Bloodbath For

Nov 242015
 November 24, 2015  Posted by at 7:52 am Finance Tagged with: , , , , , , , ,  1 Response »
The Automatic Earth -Finally- Returns To Athens

That’s right, I am at last able to come back to Athens, starting today. Alas, without Nicole Foss, who was supposed to join me in the city earlier this year but is back in New Zealand now. Why that plan never materialized, and why I couldn’t return myself, is all about the illness and subsequent passing of my mother, a process I write about in Eulogy for Johanna. And there are still too many things to do to mention here

Nov 242015
 November 24, 2015  Posted by at 7:06 am Finance Tagged with: , , , , , , , , ,  3 Responses »
Debt Rattle November 24 2015

• Negative Interest, the War on Cash and the $10 Trillion Bail-In (Ellen Brown) • Sub-Zero Debt Increases To $2 Trillion In Eurozone On Draghi (Bloomberg) • Soaring Global Debt – The Reality Check in Numbers (O’Byrne) • The Closing Of The Global Economy (Calhoun) • Harmless Commodity Crash Accelerates As Dollar Soars (AEP) • Ireland Is Backing Itself (David McWilliams) • Greek Home Rental Costs 40% Less Since 2011 (Kath.) • Four In 10 Greeks ‘Overburdened’ By Housing Costs

Nov 232015
 November 23, 2015  Posted by at 10:14 am Finance Tagged with: , , , , , , , , ,  5 Responses »
Debt Rattle November 23 2015

• Commodity Slump Deepens as Dollar Gains; European Stocks Slide (Bloomberg) • Europe Warned On ‘Permanent’ Downturn Amid PMIs (CNBC) • Euro Drops To Seven-Month Low As Draghi Feeds Bears (Bloomberg) • Zinc Producers Keep Cutting Back, Yet Prices Keep Falling (Bloomberg) • Barclays Bets On Stock Boom As World Money Growth Soars (AEP) • Masters of the Finance Universe Are Worried About China (Bloomberg) • Is the Surge in Stock Buybacks Good or Evil? (WSJ) • You’re Not the

Nov 222015
Nicole Foss presents: Challenge and Choices

The Automatic Earth today releases its newest video presentation by Nicole Foss. Entitled ‘Challenge and Choices’, it deals with the problems presented to us by the earth’s limits to growth, in finance, energy and the natural world, and with the options and answers that exist in face of these problems. To purchase the 3-hour video download of Challenge and Choices, go to our store. Click this image to get there: Nicole Foss: After more than 30 years of exponential growth,