Finance

The Markets, Currency, the Transfer of Wealth and anything else that affects your wallet.


69 Percent Of Americans Do Not Have An Adequate Emergency Fund

By Michael Snyder Economic Collapse Blog June 23, 2017   69 Percent Of Americans Do Not Have An Adequate Emergency Fund     Do you have an emergency fund?  If you even have one penny in emergency savings, you are already ahead of about one-fourth of the country.  I write about this stuff all the time, […]

69 Percent Of Americans Do Not Have An Adequate Emergency Fund

Top Executives of Barclays Charged

Top Executives of Barclays Charged

By Martin Armstrong Armstrong Economics June 22, 2017   Top Executives of Barclays Charged     The British Serious Fraud Office (SFO) has brought charges against Barclays and four former executives surrounding the Qatari investment during the 2008 financial crisis. You may remember at the time Lloyds and RBS were offered UK government support with […]


Money Supply Growth Fell to a 104-Month Low in May

By Ryan McMaken Mises Institute June 21, 2017   Money Supply Growth Fell to a 104-Month Low in May   Last month, the money supply growth rate in the United States fell to a 104-month low, rising by 5.91 percent. This is the lowest growth rate recorded since July 2008 when the growth rate was 5.24 […]

Money Supply Growth Fell to a 104-Month Low in May

Don’t Bail Out Failing States Like Illinois

Don’t Bail Out Failing States Like Illinois

By Against Crony Capitalism June 21, 2017   Don’t Bail Out Failing States Like Illinois     Sounds like a case of the “Detroits.” Actually many cases of the Detroits. The government is too big in these states. There are too many state employees. These employees want unrealistic pensions. (What’s a pension?) They lived like […]


Democracy Is A Front For Central Bank Rule

By Dr. Paul Craig Roberts Paul Craig Roberts.org June 20, 2017   Democracy Is A Front For Central Bank Rule     Several years ago when the Federal Reserve had its Fed funds rate at zero to 25 basis points (one-quarter of one percent—0.25%), there was a great deal of talk, somehow presented as urgent, […]

Dr. Paul Craig Roberts

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

By Nick Sorrentino Against Crony Capitalism June 20, 2017   The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent     People seem confused by this rally. Really a rally on top of a Fed induced (to a very large extent) bull market extending back many years. How can this be, […]


Could Illinois be the first state to file for bankruptcy?

Could Illinois be the first state to file for bankruptcy?

By Against Crony Capitalism June 16, 2017   Could Illinois be the first state to file for bankruptcy? (Get ready for a state government employee bailout America)     Here’s an idea. Cut government. Cut the apparatus that has built up around the Cook County political machine. (From CBS)   Illinois residents may feel some […]


The Myth of Infrastructure Spending

By Ryan McMaken Mises Institute June 14, 2017   The Myth of Infrastructure Spending   Trump’s $1-trillion infrastructure spending plan continues to be one of his less controversial proposed policies. In Washington, and even among many in the general public, there is a consensus that government spending on more roads and bridges is always necessarily a […]

The Myth of Infrastructure Spending

Another Red Flag Emerges in the Auto Securitization Market

Another Red Flag Emerges in the Auto Securitization Market

By Michael Krieger Liberty Blitzkrieg June 13, 2017   Another Red Flag Emerges in the Auto Securitization Market     Irresponsible and dangerous lending practices in the U.S. automobile market have been flagged by many people for a long time, but nobody knows exactly when it will all come to a head and create real […]


Is the Central Bank’s Rigged Stock Market Ready to Crash on Schedule?

By David Haggith The Great Recession Blog June 12, 2017   Is the Central Bank’s Rigged Stock Market Ready to Crash on Schedule?     We just saw a major rift open in the US stock market that we haven’t seen since the dot-com bust in 1999. While the Dow rose by almost half a percent […]

Democracy Is A Front For Central Bank Rule

Dr. Paul Craig Roberts

Without Glass-Steagall America Will Fail

By Dr. Paul Craig Roberts Paul Craig Roberts.org June 10, 2017   Without Glass-Steagall America Will Fail     For 66 years the Glass-Steagall act reduced the risks in the banking system. Eight years after the act was repealed, the banking system blew up threatening the international economy. US taxpayers were forced to come up […]