May 232018
 
Debt Rattle May 23 2018

Brassaï Couple on a bench, Paris 1932   • The End Is Nigh For The Biggest Tech Bubble Ever (CNBC) • ECB’s Negative Interest Rate Policy The Funniest Monetary Joke Ever (WS) • The Italian Crisis Is Far From Over (ZH) • Turkish Lira Hits Record Low, Down 20% Against Dollar This Year (R.) • American Women’s $1 Trillion Burden (MW) • 22% Of Americans Can’t Pay Bills; 41% Have Less Than $400 In Cash (ZH) • French Unemployment Rises

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May 222018
 
 May 22, 2018  Posted by at 9:28 am Finance Tagged with: , , , , , , , , , , , ,  12 Responses »
Debt Rattle May 22 2018

Pablo Picasso Femme au Béret et à la Robe Quadrillée (Marie-Thérèse Walter) 1937   • ‘Who Are You?’ Iran Hits Back At US Demands (AlJ) • Trumpism Folds into Netanyahu-ism, or ‘Neo-Americanism’ (Alastair Crooke) • Swedes Told To Prepare For Conflict In Cold War-Style Booklet (R.) • Baltic States Ask the US for Bigger Military Presence on Their Soil (SCF) • Italy on Verge of Inducing a Fresh European Crisis (Cudmore) • Goldman Sachs: The Fiscal Outlook For The US

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May 212018
 
Debt Rattle May 21 2018

Margaret Bourke-White Great Ohio River Flood, Louisville, Kentucky 1937   • The Soaring Dollar Will Lead To An “Explosive” Market Repricing (ZH) • Draghi Calls for Consolidation of Debts? (Martin Armstrong) • Italy’s Organic Crisis (Thomas Fazi) • Italy Has A New Government As Populist Parties Agree On New Premier (ZH) • Argentina: From The “Confidence Fairy” To The -Still Devilish- IMF (CF) • US-China Trade War ‘On Hold’ As America Backs Off On Tariffs (Ind.) • Bill Aimed At

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May 202018
 
 May 20, 2018  Posted by at 2:20 pm Finance Tagged with: , , , , , , , , , ,  4 Responses »
Who Needs Enemies?

Vittorio Matteo Corcos Conversation in the Jardin du Luxembourg 1892   Obviously, there are tensions between Europe and the US. Just as obviously, these tensions are blamed on, who else, Donald Trump. European Council President Donald Tusk recently said: “With friends like Trump, who needs enemies?” EU Commission chair Jean-Claude Juncker even proclaimed that “Europe must take America’s place as global leader”. These European ‘leaders’ love the big words. They think they make them look good, strong. In reality, they

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May 202018
 
 May 20, 2018  Posted by at 10:13 am Finance Tagged with: , , , , , , , , , , , ,  4 Responses »
Debt Rattle May 20 2018

Roman Vishniac Isaac Street, Krakow 1930s   • Stefan Halper: The FBI Informant Who Monitored the Trump Campaign (GG) • IG Horowitz Finds FBI, DOJ Broke Law In Clinton Probe (ZH) • China Agrees To Bolster Purchases Of US Goods (CNBC) • With Iran Sanctions Trump Made Europeans Look Like The Fools They Are (RT) • Europe, China, Russia Discussing New Deal For Iran (R.) • Now Facebook Serves NATO’s Agenda (McDonald) • Hedge Funds Bet On Big Turnaround By

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May 192018
 
Debt Rattle May 19 2018

Vincent van Gogh Landscape with Couple Walking and Crescent Moon 1890   • Train Crash Preview (Mauldin) • Bear Market Repo’s (Roberts) • Mushrooming Matrix of Scandals (Jim Kunstler) • Italy’s New Parallel Currency Plan (ZH) • Italy’s Populist Coalition Government Poses New Threat To Eurozone (Ind.) • Trump Drives Wedge Between Germany and France (Spiegel) • Putin Seeks Common Cause With Merkel Over Trump (R.) • EU Considers Iran Central Bank Transfers To Beat US Sanctions (R.) • Common

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May 182018
 
Have We All Been Silenced?

Leonard Misonne Waterloo Place, London 1899   Let me start by saying I have nothing against the English newspaper The Guardian. They publish some good things, on a wide range of topics. But they also produce some real stinkers. And lately they seem to publish quite a few of those. On Wednesday there was an entire series of hit pieces on Julian Assange, which I wrote about in I Am Julian Assange. And apparently they’re not done. As I said

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May 182018
 
Debt Rattle May 18 2018

Daniel Garber Lambertville holiday 1941   • Almost Half Of US Families Can’t Afford Basics Like Rent And Food (CNN) • A Liquidity Crisis of Biblical Proportions Is Upon Us (Mauldin) • Fake News No Problem: Internet Totally Dominates Advertising in the US (WS) • Blundering Into Recession (Rickards) • Peso Crisis Highlights Fragility Of Argentina’s Economy (AFP) • China Offers Trump $200 Billion Package To Slash US Trade Deficit (R.) • Ecuador Orders Withdrawal Of Extra Assange Security From

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May 172018
 
 May 17, 2018  Posted by at 8:40 am Finance Tagged with: , , , , , , , , , , , , ,  7 Responses »
Debt Rattle May 17 2018

Vincent van Gogh Daubigny’s garden 1890   • Housing ATM is Back – But It Won’t Work Any Better This Time (Mish) • Will the New Fed Get Rid of All its Mortgage-Backed Securities? (WS) • Venezuela’s State Oil Company PDVSA Faces Collapse (PaP) • Births Plunge To Record Lows In United States (AFP) • Open Letter From M5S To The Financial Times (IBDS) • Ecuador’s Ex-President Denounces Treatment of Julian Assange as “Torture” (GG) • New Zealand ‘People’s’ Budget

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May 162018
 
I Am Julian Assange

Carl Spitzweg The raven 1845   Julian Assange appears to be painfully close to being unceremoniously thrown out of the Ecuadorian embassy in London. If that happens, the consequences for journalism, for freedom of speech, and for press freedom, will resound around the world for a very long time. It is very unwise for anyone who values truth and freedom to underestimate the repercussions of this. In essence, Assange is not different from any journalist working for a major paper

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