loans


A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse

By Michael Snyder End Of The American Dream January 23, 2016 A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse     The Italian financial meltdown that we have been waiting for has finally arrived. For quite a long time I have been warning my readers to watch Italy, and now […]

A Run On The Banks Begins In Italy As Italian Banking Stocks Collapse

Running Scared

The Oil Crash Of 2016 Has The Big Banks Running Scared

By Michael Snyder Economic Collapse Blog January 19, 2016   The Oil Crash Of 2016 Has The Big Banks Running Scared     Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis.  Since the start of 2015, 42 North American oil […]


Capitalism At Work ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org November 30, 2015   Capitalism At Work   Zero Hedge reports a story from “Keep Talking Greece” that first appeared in The Times http://www.thetimes.co.uk/tto/news/world/europe/article4624755.ece According to the story, the plummeting living standards forced on the Greek people by German chancellor Merkel and the European banks have forced […]

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The Numbers Say That A Major Global Recession Has Already Begun

By Michael Snyder Economic Collapse Blog October 14, 2015   The Numbers Say That A Major Global Recession Has Already Begun     The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”.  According to British banking giant HSBC, global trade is down […]


Image: Jack Miller Center

‘Why I can’t get a mortgage’ (From economist and pundit Stephen Moore)

By Against Crony Capitalism August 24, 2015   ‘Why I can’t get a mortgage’ (From economist and pundit Stephen Moore)     25% down. “Below average credit”, but which is below average because of $300 in unpaid parking tickets. Additionally Moore is a famous economist who could never walk away from a property. And he […]


The Slow-Motion Financial Suicide of the Roman Empire

By Lawrence W. Reed and Marc Hyden Foundation for Economic Education August 18, 2015   The Slow-Motion Financial Suicide of the Roman Empire The Bailout State Is as Old as Rome   (Image from Shutterstock)   More than 2,000 years before America’s bailouts and entitlement programs, the ancient Romans experimented with similar schemes. The Roman […]

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23 Nations Around The World Where Stock Market Crashes Are Already Happening

By Michael Snyder Economic Collapse Blog August 18, 2015   23 Nations Around The World Where Stock Market Crashes Are Already Happening     You can stop waiting for a global financial crisis to happen.  The truth is that one is happening right now.  All over the world, stock markets are already crashing.  Most of […]


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Generous with Someone Else’s Money

By Doug Bandow Foundation for Economic Education June 29, 2015   Generous with Someone Else’s Money     What could be more magnanimous than a cafeteria worker giving out free lunches? Or an education official writing off school loans? In both cases, the recipients of the largess must see a champion. Yet, in neither case […]


We Might As Well Face It – America Is Addicted To Debt

By Michael Snyder Economic Collapse Blog June 15, 2015   We Might As Well Face It – America Is Addicted To Debt     Corporations, individuals and the federal government continue to rack up debt at a rate that is far faster than the overall rate of economic growth.  We are literally drowning in red […]

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(Image courtesy of ThierryB.)

What Happens If the Export-Import Bank’s Charter Expires?

By Melissa Quinn The Daily Signal June 11, 2015   What Happens If the Export-Import Bank’s Charter Expires?     As its expiration date nears, the Export-Import Bank’s biggest beneficiaries and supporters are warning that Ex-Im’s end could be bad for business. But what would actually happen if the bank were not reauthorized by June […]


The Meaning of Financial Repression

By Mark Thornton Mises.org June 1, 2015   The Meaning of Financial Repression   We live in a world of massive monetary inflation and extremely low interest rates. Mortgage rates are near historic lows and yet it seems that people cannot get loans. Home sales are up, but with a near record percentage of sales […]

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Ron Paul Weekly Column

Ex-Im Bank is Welfare for the One Percent

By Ron Paul Ron Paul Institute May 31, 2015   Ex-Im Bank is Welfare for the One Percent This month Congress will consider whether to renew the charter of the Export-Import Bank (Ex-Im Bank). Ex-Im Bank is a New Deal-era federal program that uses taxpayer funds to subsidize the exports of American businesses. Foreign businesses, […]


More Than 50 Groups Joins Forces in Calling for Export-Import Bank’s End

By Melissa Quinn The Daily Signal April 21, 2015   More Than 50 Groups Joins Forces in Calling for Export-Import Bank’s End     With less than 70 days before the Export-Import Bank’s charter expires, a coalition of groups has formed in opposition to the agency’s reauthorization. More than 50 organizations joined forces to urge […]

(Image courtesy of Clément Alloing)