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Michael Hudson: “Creating Wealth” Through Debt Is The West’s Finance-Capitalist Road

Authored by Michael Hudson via Counterpunch.org, Volumes II and III of Marx’s Capital describe how debt grows exponentially, burdening the economy with carrying charges. This overhead is subjecting today’s...

“Central Banks Are The Market” & Nomi Prins Warns “It Can’t Go On Forever”

Via Greg Hunter's USA Watchdog blog, Two time best-selling book author Nomi Prins says the rescue policies of the 2008 financial crisis are still with...

Why One Hedge Fund Thinks Tesla Is Worth $0: The Full Presentation

With Elon Musk's public behavior becoming increasingly erratic, irrational and bizarre - just over the weekend trolling Warren Buffett that he is "super serious"...

One Bank’s “Ominous” Warning: “The Buying Of Risk Assets Has Ground To A Halt”

Traders, analysts and strategists have been stumped by a market paradox in recent weeks: despite earnings that have been off the charts, rising 24%...

“Money Is Gold… And Nothing Else”

Authored by James Rickards via The Daily Reckoning, Following the Panic of 1907, John Pierpont Morgan was called to testify before Congress in 1912 on...

Peter Schiff Rants Bernie’s Guaranteed Jobs Program Is “Utter Nonsense”

Authored by Peter Schiff via SchiffGold.com, Bernie Sanders wants everybody to have a job with health benefits paying $15 per hour. Most people would like...

Trump Delays Steel Tariff Decision Until June 1st, Exempts South Korea

As was largely expected ahead of Tuesday's 1201am deadline, The Wall Street Journal reports that President Trump has decided to postpone decisions about imposing steel and aluminum tariffs...

A New Type Of Poverty Is Crushing The Middle Class

As if the current global monetary system didn’t put the middle-class at a structural disadvantage versus the wealthy, by taxing them disproportionately with inflation, encouraging...

UBS: “The Petroyuan Will Undermine America’s Dominant Role And Create A Sea Change In...

From Hayden Briscoe, head of Fixed Income, Asia Pacific at UBS RMB-denominated oil contracts began trading for the first time in Shanghai on March 26. We believe that in the...

One Year Later: Illinois On The Verge Of Downgrade To Junk; Its Residents $5...

Submitted by Ted Dabrowki and John Klingner of Wirepoints Illinois’ brutal political campaigns may have distracted attention from the reality of the state’s crumbling finances, but an upcoming...

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