Feb 212017
 
 February 21, 2017  Posted by at 9:53 am Finance Tagged with: , , , , , , , , ,  No Responses »
Debt Rattle February 21 2017

DPC Masonic Temple, New Orleans 1910   • Greece: The Economic Consequences of Depression Economics (Prime) • After Seven Years Of Bailouts, Greeks Sink Yet Deeper In Poverty (R.) • Greece’s Creditors Dash Hopes For Quick Deal (Tel.) • Greek Government In Damage Control Mode After Giving In To Troika, Again (K.) • Mr Draghi, What Are You Afraid Of? Release #TheGreekFiles! (DiEM25) • Fumbling Towards Collapse (Jim Kunstler) • Why Trumponomics Will Fail Spectacularly (Robert Reich) • Saudi Arabia

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Feb 202017
 
 February 20, 2017  Posted by at 10:13 am Finance Tagged with: , , , , , , , , ,  1 Response »
Debt Rattle February 20 2017

Henri Cartier Bresson Moscow Metro 1954   • Seven Years of Demanding The Impossible in Greece (MP) • Cost Of Greece, Troika Impasse Over Numbers Is Adding Up (K.) • Pre-Departure Migrant Camps Planned For Greek Islands (K.) • Democrats Suggest Invoking The 25th Amendment Unless Trump “Gets A Grip” (ZH) • Greenspan Blames Productivity Decline For Political, Economic Crises (BI) • S&P 500 Earnings Stuck at 2011 Levels, Stocks up 87% Since (WS) • The Nasty Little Secret About

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Feb 192017
 
 February 19, 2017  Posted by at 10:23 am Finance Tagged with: , , , , , , , , ,  4 Responses »
Debt Rattle February 19 2017

John Vachon Beer signs on truck, Little Falls, Minnesota 1940   • Fed: From Lender Of Last Resort To Destroyer Of American Wealth (DDMB) • “There’s Something Weird Going On”: The Global Dollar Shortage (ZH) • Merkel Suggests Euro Is Too Low For Germany (R.) • Empowering “Deep State” is Prescription for Destroying Democracy (Greenwald) • Sekulow: Obama Should Be “Held Accountable” For “Soft Coup” Against Trump (ZH) • Russia Calls For ‘Post-West’ World Order – Lavrov (R.) • Lavrov

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Feb 182017
 
 February 18, 2017  Posted by at 4:01 pm Finance Tagged with: , , , , , , , ,  8 Responses »
Not Nearly Enough Growth To Keep Growing

Jackson Pollock Shooting Star 1947   It’s amusing to see how views start to converge, at the same time that it’s tiresome to see how long that takes. It’s a good thing that more and more people ‘discover’ how and why austerity, especially in Europe, is such a losing and damaging strategy. It’s just a shame that this happens only after the horses have left the barn and the cows have come home, been fed, bathed, put on lipstick and

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Feb 182017
 
 February 18, 2017  Posted by at 10:40 am Finance Tagged with: , , , , , , , , , ,  3 Responses »
Debt Rattle February 18 2017

Unknown California State Automobile Association signage 1925   • “That War You Ordered….” (Jim Kunstler) • US ‘Unwavering’ In NATO Support – Pence (BBC) • European Union President Rejects Trump Call For More NATO Spending (CNBC) • Four NATO Nations Would Pick Russia to Defend Them If Threatened (BBG) • Who Really Rules The United States? (FreeB) • Australia Headed For ‘Economic Armageddon’ (News.com.au) • China Is Going Broke (Jim Rickards) • Brexit Was A Revolt Against Snobs Like Tony

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Feb 172017
 
 February 17, 2017  Posted by at 11:00 am Finance Tagged with: , , , , , , , , ,  2 Responses »
Debt Rattle February 17 2017

John Collier Workmen at emergency office construction job, Washington, DC Dec 1941   • Global Growth is All About China…Nothing but China (Econimica) • US Household Debt Is Dangerously Close To 2008 Levels (CNN) • “Seriously Delinquent” US Auto Loans Surge (WS) • 3 Reasons The US Could Be Headed For A Fresh Debt Crisis (MW) • Fed President Says US Banks Have “Half The Equity They Need” (Black) • Harward Turns Down National Security Adviser Job Over Staffing Dispute

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Feb 162017
 
 February 16, 2017  Posted by at 10:31 am Finance Tagged with: , , , , , , , , ,  2 Responses »
Debt Rattle February 16 2017

Pablo Picasso Femme 1930     Great read from Ed. “..while Brazil and Greece faced the same type of downturn in dollar terms — about 45% in GDP per person — Brazilian living standards only deteriorated about 2%, compared to 26% in Greece.” Good part on Dutch elections too. • Europe’s Delusional Economic Policies (Edward Harrison) This chart encapsulates the narrative in Matt’s post – namely that Greece has underperformed other emerging market crisis countries on post-crisis growth. Here’s how

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Feb 152017
 
 February 15, 2017  Posted by at 10:34 am Finance Tagged with: , , , , , , , , ,  No Responses »
Debt Rattle February 15 2017

Times Square New York City, 1958   • The Political Assassination of Michael Flynn (BBG) • Kucinich Pins Flynn Leak on Intel Community, Warns of Another Cold War (Fox) • America’s Spies Anonymously Took Down Flynn. That Is Deeply Worrying (Week) • Russian Foreign Ministry Says Crimea Will Not Be Returned To Ukraine (R.) • China Credit Surging to Record Underscores PBOC Shift to Tighten (BBG) • China Should Prudently Manage Deleveraging Process – PBOC (R.) • Nigel Farage –

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Feb 142017
 
 February 14, 2017  Posted by at 10:09 am Finance Tagged with: , , , , , , , , , ,  2 Responses »
Debt Rattle Valentine's Day 2017

David Myers Theatre on 9th Street. Washington, DC July 1939   • Top Trump Aide Flynn Resigns Over Russia Contacts (AFP) • Judge Grants Injunction Against Trump Travel Ban In Virginia (AP) • Is Trump the New Boris Yeltsin? (Max Keiser) • Bond Traders Fear Yellen Is Planning A ‘St. Valentine’s Day Massacre’ (MW) • Yellen Outlook ‘Irrelevant’ Because Trump Will Reshape Fed (CNBC) • The Fed Is Bad For America – But Getting Rid Of It Isn’t The Answer

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Feb 132017
 
 February 13, 2017  Posted by at 10:49 am Finance Tagged with: , , , , , , , , ,  10 Responses »
Debt Rattle February 13 2017

New York City Under 26 Inches Of Snow, 1947   • Why Does Economic Growth Keep Slowing Down? (StLouisFed) • The Market Will Be Repricing Dramatically Downward – Stockman (CNBC) • Jim Rogers: “A Lot Of People Will Disappear” (ZH) • US Trade Deficit Last Year Was Widest Since 2012 (WSJ) • Trump Reviews Top White House Staff After Tumultuous Start (Pol.) • Mike Flynn’s Position as National Security Adviser Grows Tenuous (WSJ) • Refugee-Embracing Trudeau Set to Bite His

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