BOOM

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It Is Mathematically Impossible To Pay Off All Of Our Debt

Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national …

Economics

More Russian, Chinese Companies Switching to Yuan Transactions – Bank

VLADIVOSTOK (Sputnik) — A rapid increase in the number of ruble to yuan currency exchange operations and bank accounts opened in yuan signify that …

Nearly Half of Unemployed Americans Have Given Up on the Job Hunt

The annual survey, entitled "The State of the Unemployed," was conducted by the staffing firm Express Employment Professionals. The data was …

Ominous Stock Market Charts

<b>A Big Dow Theory Divergence</b><p>We briefly want to show a few charts that have caught our eye recently. This is by no means a comprehensive market update …

Yellen Yap: Point by Point Rebuttal

Inquiring minds are reading Fed Chair Janet Yellen's Outlook for the Economy speech, delivered today at the Providence, Rhode Island Chamber of …

“Cash Is Coined Freedom”: War on Cash Becomes Official in Germany, Reaches G-7, Draws Withering Fire

It came from a voice that has, by law, the ear of the German government. Peter Bofinger is a member of the German Council of Economic Experts – the …

SKrisiloff's Tumblr — You should probably take a look at what’s happened...

Has the Fed got a grasp on economic reality?

History shows us that the U.S. Federal Reserve's grasp on economic reality hasn't been anywhere near as strong as you might hope or expect, so maybe …

Economics

Apocalypse and Enormous Disorder Coming-Hugo Salinas-Price

<b>By Greg Hunter’s USAWatchdog.com (Early Sunday Release)</b><p>Mexican retail mogul Hugo Salinas-Price is worried about the common man and the upcoming …

Niagara Falls

Coeure Says ECB Will Moderately Frontload QE in May, June

To continue reading this article you must be a Bloomberg Professional Service Subscriber.<p>If you believe that you may have received this message in …

Economics

Is the UK in the early stages of deflation?

The short answer is no, but a number of unknown factors means even an outside risk needs to be taken seriously<p>Blink and you’ll miss it. That sums up what the experts think about inflation turning negative in the UK for the first time since 1960 – a time when Dwight Eisenhower was the US president …

Economics

Does “Too Much Money” Cause Inflation?

• Does money have any role in the determination of inflation? Does printing too much money cause inflation? And what does it mean to say “too much …

Investing

China just made a stunning intervention in the iron ore market

Chines Premier Premier Li Keqiang (Feng Li/Getty Images)<p>China has been Brazil’s number one trading partner for more than five years but has remained …

Greece Will Default on June IMF Repayment Says Interior Minister; Greek Choice Same As It's Always Been

One way or another the crisis in Greece is highly likely to come to a head in June.<p>Greek finances are in such sorry shape it needs a third bailout or …

Opinion: China struggles to make its debt problems go away

HONG KONG (MarketWatch) — China’s latest plan to tackle its local-government-debt problem appears to be pretending there isn’t one. This might …

Foreign Investors Abandon US Stocks at Highest Rate in Seven Years

International investors’ allocation to US stocks is at 19% underweight for May, from 12% underweight the month previous, according to a recent …

Banking misconduct bill

Twenty of the world's biggest banks have paid more than $235 billion in fines and compensation in the last seven years for a litany of misdeeds, …

HSBC fears world recession with no lifeboats left

The world authorities have run out of ammunition as rates remain stuck at zero. They have no margin for error as economy falters<p>The world economy is disturbingly close to stall speed. The United Nations has cut its global growth forecast for this year to 2.8pc, the latest of the multinational …

Economics

IT Pro | Information Technology News & Reviews

Australia's Bureau of Meteorology has reportedly had its computer systems breached.<p>The ATO has announced it will extend its voice authentication …

Industrial Production Sinks As Capacity Signals Inventory End | Alhambra Investments

Continuing on with the inventory theme, industrial production (which does include activities outside the manufacturing sector) continues to falter …

Consumer Confidence Plunges Below Any Economist's Estimate; Consumers Shock Economists

Consumer confidence is the third miss by economists in a single day. Please consider the Bloomberg Consensus Estimate for Consumer …

Oil

The US Is In Recession According To These 7 Charts

Bitcoin irrational exuberance as soars 850% in twelve months. Buyers need to be aware of hacking and security risks. Other primary risk to widespread …