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If It’s Not A Hard Asset, It’s No Asset

If It’s Not A Hard Asset, It’s No Asset by Tom Chatham Posted January 17, 2015 In normal times, little pieces of paper or plastic make everyday life possible but when normal times end you need something in hand you can actually use. Keep in mind that any...

The crash of 2016: Wall Street gets ready

The crash of 2016: Wall Street gets ready By Mike Krauss Posted January 10, 2015 In the more than six years since the 2008 Wall Street crash, nothing has been done to rein in the abuses of the parasites in pin stripes that were its cause. Another crash is inevitable....

The Coming War on Pensions

The Coming War on Pensions by Michael Hudson Posted January 7, 2015 On the Senate’s last day in session in December, it approved the government’s $1.1 trillion budget for coming fiscal year. Few people realize how radical the new U.S. budget law was....

Bail-In Normalization

Bail-In Normalization by Andy Sutton Posted January 4, 2015 The G20 recently adopted the FDIC/BOE bail-in resolution mechanism at its last meeting. What this means is that all member nations are now urged to codify the bail-in into their laws. Many, including the...