Apr 162017
 
 April 16, 2017  Posted by at 8:54 am Finance Tagged with: , , , , , , , , ,  5 Responses »
Debt Rattle Easter Sunday 2017

Fred Stein Snow White 1946   • Who Will Buy Baby Boomers’ Homes? (CityLab) • Canada Completely Lost Its Mind Over Real Estate (McL) • The Bank of Canada Should ‘Cease and Desist’ (Mises) • Will Trump Accept Responsibility When This Shitshow Implodes? (Quinn) • Can We Avoid Another Financial Crisis? (ET) • China Finally Halts Outflows. Now What? (Balding) • Russia Could Soon Take Over A Chunk Of US Oil Infrastructure (Vice) • Britain Set To Lose EU ‘Crown

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Apr 122017
 
 April 12, 2017  Posted by at 8:25 pm Finance Tagged with: , , , , , , ,  8 Responses »
America, the Waning Days

Frederick Carl Frieseke Girl In Blue Arranging Flowers 1915   Potential earthquakes and black swans are right ahead of us. What else is new? On April 16, Turkey has a referendum to decide whether Erdogan will become de facto supreme ruler. What happens if he loses the referendum is completely unclear, undiscussed even, but it’s obvious a loss would have the country shake on its already shaky foundations. The Turkish economy is in horrible shape and Erdogan’s post-coup firings (hundreds

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Apr 122017
 
 April 12, 2017  Posted by at 9:09 am Finance Tagged with: , , , , , , , , , , ,  2 Responses »
Debt Rattle April 12 2017

Elliott Erwitt Trocadero, Paris 1950   • The Tesla Ponzi Is Not ‘Inexplicable’ At All (WS) • Millennials Are Abandoning Postwar Engines of Growth: Suburbs and Autos (CHS) • Slowdown in US Borrowing Defies Easy Explanation (WSJ) • US Companies Now Have $1.6 Trillion Stashed In Tax Havens (Ind.) • Trump Declines To Endorse Bannon, Says US ‘Not Going Into Syria’ (MW) • Beware The Dogs Of War: Is The American Empire On The Verge Of Collapse? (JW) • A

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Apr 112017
 
 April 11, 2017  Posted by at 9:11 am Finance Tagged with: , , , , , , , , ,  6 Responses »
Debt Rattle April 11 2017

Carole Lombard 1934   • 54% Of Canadians Think Home Prices Will Never Fall (BNN) • Wild Housing Speculation Drives Entire Canadian Economy (WS) • Third of US Car Owners Can’t Afford Surprise Repairs (UT) • The Retail Apocalypse’s Terrifying Impact On One Corner Of Wall Street (BI) • China Is Playing a $9 Trillion Game of Chicken With Savers (BBG) • Currency-Issuing Governments Never Have To Worry About Bond Markets (Bilbo) • Recessions Are Never Desirable Events And Are

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Apr 102017
 
 April 10, 2017  Posted by at 8:21 am Finance Tagged with: , , , , , , , , , ,  9 Responses »
Debt Rattle April 10 2017

Todd Webb Rue des Plantes, Paris 1950   • Americans Are Becoming Obsessed With Putting Everything On Credit (MW) • Cash Is Dead. Long Live Cash. (WSJ) • A Change In The Change Of Change (Peters) • Great Debt Unwind: Bankruptcies Surge (WS) • Trump’s Rollback of Bank Regulations Risks a Bondholder Backlash (Street) • Syria Strike Designed To Intimidate North Korea: China State Newspaper (G.) • Is Globalisation Dead? (Pettifor) • Housing Costs Are Pushing People Further Out of

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Apr 092017
 
 April 9, 2017  Posted by at 8:32 am Finance Tagged with: , , , , , , , , ,  7 Responses »
Debt Rattle April 9 2017

Paul Gauguin Avenue de Clichy 1889   • Central Banks “Took Over” Markets In 2009; In December “Unwind” Begins (ZH) • ‘No Bubble, No Pop’: Why Banks Are As Safe As Houses (WAus) • Greek Gloom As Economy Stalls Amid Latest Bout Of EU Wrangling (G.) • The Picture Of Our Economy Looks A Lot Like A Rorschach Test (NYT) • Steve Keen And Michael Hudson: Fixing The Economy (EI) • Trump’s ‘Wag the Dog’ Moment (Robert Parry) • Former

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Apr 082017
 
 April 8, 2017  Posted by at 8:13 am Finance Tagged with: , , , , , , , , , ,  1 Response »
Debt Rattle April 8 2017

Dorothea Lange Wife of sharecropper in town to sell crop at tobacco auction, Douglas Georgia 1938   • US Credit Card Debt Tops $1 Trillion For The First Time In A Decade (ZH) • Store Wars: US Retail Sector Is Shedding Jobs Like It’s A Recession (MW) • Apparel Retailers Lead The Charge Out Of Brick-And-Mortar (Forbes) • Wall Street Is Making It Harder to Buy a Car (BBG) • US Jobs Growth Slumps To 98,000 In March (MW) •

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