Nov 202017
 
 November 20, 2017  Posted by at 9:52 am Finance Tagged with: , , , , , , , , ,  1 Response »
Debt Rattle November 20 2017

Stanley Kubrick Laboratory at Columbia University 1948   • Banks Show An Almost Autistic Disregard For The Law – Australia Senator (Abc) • ECB Proposes End To Deposit Protection (GC) • Europe Faces a Hamstrung Germany as Merkel’s Coalition Bid Fails • 3 Things That Could Destroy One Of The Greatest Stock Rallies Of All Time (BI) • China’s Clampdown On Shadow Banking Hits The Stock Market (BBG) • Mugabe Faces Impeachment as He Holds on as Zimbabwe Leader (BBG)

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Nov 192017
 
 November 19, 2017  Posted by at 10:04 am Finance Tagged with: , , , , , , , , ,  4 Responses »
Debt Rattle November 19 2017

Wyland Stanley Pontiac coupe at San Francisco Palace of Fine Arts 1935   • A Fiscal Disappointment – Tax Bill (Lebowitz) • Mt. Gox’s Bitcoin Customers Could Lose Again (R.) • The Coming Economic Downturn In Canada (MN) • How a Half-Educated Tech Elite Delivered Us Into Chaos (Naughton) • Europe Turns On Facebook, Google For Digital Tax Revamp (AFP) • When Unpaid Student Loan Bills Mean You Can No Longer Work (NYT) • Subways May Be the Latest Casualty

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Nov 182017
 
 November 18, 2017  Posted by at 1:49 pm Finance Tagged with: , , , , , , , , ,  8 Responses »
America is in Terminal Decline

Rembrandt van Rijn The Three Crosses 1653   John Rubino recently posted a graph from Bob Prechter’s Elliot Wave that points to some ominous signs. It depicts the S&P 500, combined with consumer confidence and savings rate. As the accompanying video at Elliott Wave, What “Too Confident to Save” Means for Stocks, shows, when the gap between high confidence and low savings is at its widest, a market crash -often- follows. In 2000, the subsequent crash was 39%, in 2007

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Nov 182017
 
 November 18, 2017  Posted by at 9:58 am Finance Tagged with: , , , , , , , , , , , ,  4 Responses »
Debt Rattle November 18 2017

Henri Cartier Bresson Juvisny, France 1938   • Consumers Are Both Confident And Broke (John Rubino) • You Have Been Warned (Lance Roberts) • Norway Plan to Sell Off $35 Billion in Oil, Gas Stocks Rattles Markets (BBG) • The World’s Biggest Wealth Manager Won’t Touch Bitcoin (BBG) • Trump’s Saudi Scheme Unravels (Alastair Crooke) • Saudi ‘Corruption’ Probe Widens: Dozens Of Military Officials Arrested (ZH) • Hariri Arrives in Paris With Family Amid Saudi-Iran Tensions (BBG) • Qatar Says

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Nov 172017
 
 November 17, 2017  Posted by at 9:50 am Finance Tagged with: , , , , , , , , , ,  5 Responses »
Debt Rattle November 17 2017

Arthur Rothstein Night view, downtown section. Dallas, Texas 1942   • America’s Racial Wealth Gap Is Staggering – And Government-Created (BI) • Australia’s Private Debt Juggernaut Rolls On (LFE) • John Malone says Amazon is a ‘Death Star’ (CNBC) • Einhorn Says Issues That Caused the Crisis Are Not Solved (BBG) • Corporate Zombies Are Threatening The Eurozone Economy (ZH) • Wall St. Bankers Secretly Used Chat Rooms To Rig Treasury Bond Trades (NYP) • Electricity Consumed To Mine Bitcoin

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Nov 162017
 
 November 16, 2017  Posted by at 9:47 am Finance Tagged with: , , , , , , , , ,  8 Responses »
Debt Rattle November 16 2017

Leonardo da Vinci Salvator Mundi 1513   • Landmark Study Links Tory Austerity To 120,000 Deaths (Ind.) • Jeremy Corbyn Will Inevitably Become UK Prime Minister – Varoufakis (BI) • Why Care More About Benefit Scroungers Than Billions Lost To The Rich? (G.) • No Evidence Of Russian Interference In Brexit, PM May Admits In Parliament (RT) • China’s Outbound Investment Plunged 41% On Year In January To October (BBG) • Senior China Minister Says Some Officials Practice Sorcery (R.)

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Nov 152017
 
 November 15, 2017  Posted by at 8:53 am Finance Tagged with: , , , , , , , , ,  7 Responses »
Debt Rattle November 15 2017

Arkady Shaikhet Express 1939   • Richest 1% Own 50% Of Global Wealth, Poorest 50% Own 1% (BI) • US Auto-Loan Subprime Blows Up Lehman-Moment-Like (WS) • Household Debt Rises By $116 Billion As Credit-Card Delinquencies Pile Up (MW) • Sweden’s Housing Market Shock is Hitting Its Currency (BBG) • ECB Seeks Power To Freeze Bank Deposits (BBG) • What History Teaches About Interest Rates (DR) • Deus ex Mueller isn’t Coming (CJ) • Raqqa’s Dirty Secret (BBC) • How

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Nov 142017
 
 November 14, 2017  Posted by at 10:15 am Finance Tagged with: , , , , , , , ,  11 Responses »
Debt Rattle November 14 2017

Vincent van Gogh Laboureur dans un champ 1889   • The Largest Transfer Of Wealth In Living Memory (OD) • How The American Dream Turned Into Greed And Inequality (WEF) • The Fed Destroyed Functioning American Democracy and Bankrupted the Nation (CH) • The Fatal Flaw Of Neoliberalism: It’s Bad Economics (Rodrik) • China Home Sales Fall by Most in Almost Three Years on Curbs (BBG) • Australia’s Whole Economy Is Built On China Buying Our Stuff (News.com.au) • Austerity,

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Nov 132017
 
 November 13, 2017  Posted by at 2:17 pm Finance Tagged with: , , , , , , , , , , ,  4 Responses »
Tories Trump Python

Jackson Pollock Man with knife 1940   There can be little doubt that the British, in general, have a sense of humor. And that’s perhaps the lens through which we should view the country these days. After all, what other options do we have? A comment yesterday to a Guardian article sums up the situation quite perfectly in just a few words (note: Dignitas has something to do with assisted dying): Brexit is rapidly becoming like someone who booked a

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Nov 132017
 
 November 13, 2017  Posted by at 9:42 am Finance Tagged with: , , , , , , , , , ,  6 Responses »
Debt Rattle November 13 2017

Mark Twain in Nikola Tesla’s lab 1894   • John Hussman Forecasts A Decade Of Stock Losses (BI) • One In Five American Households Have ‘Zero Or Negative’ Wealth (MW) • Top Tech Stocks’ $1.7 Trillion Gain Eclipses Canada’s Economy (BBG) • Bitcoin Plunges 29% From Record High (BBG) • The End Of “The End Of History” (Luongo) • Warnings From the “China Beige Book” (Rickards) • UK Government Tensions Rise After Leak Of ‘Orwellian’ Memo Sent To May (G.)

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