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‘Our economic system is designed to fail’ – Ron Paul

‘Our economic system is designed to fail’ – Ron Paul

By Against Crony Capitalism May 4, 2016   ‘Our economic system is designed to fail’ – Ron Paul     Indeed it is. Central planning always fails and make no mistake in many ways our economic system is “planned.” Not in the sense that it was planned in the Soviet Union but planned and controlled […]


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The Subprime Auto Loan Meltdown Is Here

By Michael Snyder Economic Collapse Blog February 25, 2016   The Subprime Auto Loan Meltdown Is Here     Uh oh – here we go again.  Do you remember the subprime mortgage meltdown during the last financial crisis?  Well, now a similar thing is happening with auto loans.  The auto industry has been doing better […]


Is the Auto Loan Bubble Ready to Pop?

By Tommy Behnke Mises.org January 11, 2016   Is the Auto Loan Bubble Ready to Pop?   On Tuesday, it was announced that over seventeen million new vehicles were sold in 2015, the highest it’s ever been in United States history. While the media claims that this record has been reached because of drastic improvements to […]

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(Image courtesy of Tim Evanson/Flickr,CC)

By One Measure, 95.46 Million Are Dependent on the Federal Government

By Patrick Tyrrell The Daily Signal December 21, 2015   By One Measure, 95.46 Million Are Dependent on the Federal Government     How many people are dependent on the federal government? That’s a hard nut to crack. Counting people who rely on the government to sustain their lifestyles is more complicated than simply counting […]


Has the NEXT Credit Collapse Already Begun?

By Bill Bonner Bonner & Partners December 14, 2015   Has the NEXT Credit Collapse Already Begun?     PARIS – The big news over the weekend was that the Paris meeting of climate foxes produced an agreement… They will spend $16.5 trillion of other people’s money to raise more chickens. “Forget ‘Big Oil,’” proclaimed […]

(Image courtesy of Omar Gurnah/Flickr,CC)

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How Money Disappears in a Fractional-Reserve Money System

By Frank Shostak Mises.org December 2, 2015   How Money Disappears in a Fractional-Reserve Money System   Most experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US and the world from another Great Depression. On this the Federal Reserve Chairman at the […]


Former Reagan Administration Official Warns That Financial Disaster Is Dead Ahead

By Michael Snyder Economic Collapse Blog November 9, 2015     Why won’t the American people listen to the warnings?  David Stockman was a member of the U.S. House of Representatives from 1977 to 1981, and he served as the Director of the Office of Management and Budget under President Ronald Reagan from 1981 to […]

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The Fed Can’t Raise Rates, But Must Pretend It Will

By Thorsten Polleit Mises.org October 27, 2015   The Fed Can’t Raise Rates, But Must Pretend It Will   Waiting for Godot is a play written by the Irish novelist Samuel B. Beckett in the late 1940s in which two characters, Vladimir and Estragon, keep waiting endlessly and in vain for the coming of someone named […]


The End of the World Has Already Begun

By Bill Bonner Bonner & Partners October 20, 2015   The End of the World Has Already Begun   FRANKFURT, Germany – Nothing much to report from the stock market yesterday. Investors are regaining their calm. A few weeks ago, it looked as though the end of the world had begun. We are talking, of […]

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Cor-ROO-ption! Cor-ROO-ption!

By Bill Bonner Bonner & Partners September 21, 2015   Cor-ROO-ption! Cor-ROO-ption!   PARIS – “Cor-ROO-ption! Cor-ROO-ption! Cor-ROO-ption!” It only took a couple of minutes to realize our taxi driver had lost his mind. “You can’t trust anybody in Buenos Aires. Not the government. Not the police. Not the taxi drivers.” Especially not the taxi […]

Is the Fed keeping rates low to help Hillary? Trump says good chance, Clinton bristles