• Sprott Money
    03/01/2015 - 23:51
    Clearly if Western governments were ‘merely’ drowning in debt-to-GDP ratios of roughly 100%, then theycould still argue that attempting to manage these debt-loads was legitimate rather than...

Tyler Durden's picture

Artist's Impression Of Obama's Middle East Policy

Tick... Tock...



Tyler Durden's picture

Meanwhile In California, Unambiguously Ungood...

In California, the low gas price "tax cut"for the consumer is officially over as gas prices soar by 60 cents to $3.23 per gallon in the last few weeks...



Tyler Durden's picture

World's Largest Container-Shipper Warns Global Trade Is Slowing Down

As Søren Skou, Maerk's CEO, admitted when he warned that global trade growth could slow this year from recent 4% growth ratnes, as Chinese, Brazilian and Russian economies disappoint, the Baltic Dry is still not only relevant and accurate but telling the real story of global growth, or lack thereof.  “The economies in Europe are still very sluggish. Brazil, Russia and China: those three economies used to drive a lot of growth, and right now we are not really seeing that to the same extent. The only real bright spot is the US, and even the US is good but not great.” He added that: "To my mind volumes were sluggish. There is nothing in container volume numbers that suggest that the global economy is just on the verge of starting a new growth trend.”



Tyler Durden's picture

How Our Crazy Money System Works

We’ve tried medication. We’ve tried prayer. We’ve tried heavy drinking – all in an effort to understand how our crazy money system works. And where it leads. You’d think it would be easy. It’s just Central Banking 101, no? Well, no. It is squirrelly... and diabolically subtle. We doubt anyone understands it – especially those who are supposed to control it.



Tyler Durden's picture

PIIGS Go To War: Spain, Portugal Slam Tsipras' Accusations Of "Conspiracy Plot" To Overthrow Greek Government

Yesterday Tsipras made clear his displeasure with the betrayal of what were formerly his socio-economic equals quite well-known, when he accused Spain and Portugal on Saturday of leading a conservative conspiracy to topple his anti-austerity government, saying they feared their own radical forces before elections this year. As Reuters reports, in a speech to his Syriza party, Tsipras turned on Madrid and Lisbon, accusing them of taking a hard line in negotiations which led to the euro zone extending the bailout programme last week for four months. And the inevitable response: both nations are now demanding that the EU "arbitrate" and respond to Tsipras' allegations, in the process essentially validating his accusations.



Tyler Durden's picture

"We Are Failing To Deliver On Our Obligations As Americans"

"...we are failing to deliver on our obligations as Americans, that is undeniable.  We are allowing the political class to plunder our wealth, negate our freedoms and desecrate our Constitution.  Sadly we have become the immoral populace our founding fathers warned all future generations not to become... The duty and obligation is ours and so too then are the failures and successes of our society. We are 15 years in to what is absolute denial regarding the competence of our nation’s policymakers. Yet here we sit, silent and indifferent to our own demise; so completely antithetical to the character of a true American."



Tyler Durden's picture

Taking The Monetary Policy Ride Into The Theater Of The Absurd

Somehow, monetary policy is still believed neutral in the long run and that bubbles are market events. Central banks have shown why they cannot command economic performance, but that doesn’t mean they can’t give one hell of a comedic performance. We have taken a monetary ride now into the theater of the absurd.



Tyler Durden's picture

Venezuela's Maduro Claims US Pilot Arrested For Espionage, Bans Bush, Cheney From Entering Nation

In case the world needed any more geopolitical risk "hotspots", overnight Venezuela's flailing president Nicolas Maduro, faced with an unprecedented economic crisis at home, decided to do what most authoritarian rulers do when faced with imminent civil unrest: point the finger abroad, and in this case, at Washington, as a distraction. Overnight Maduro switched from broad generalizations to specifics when, as CNN reports, Maduro said Saturday an unspecified number of Americans were arrested "a few days ago" for engaging in espionage and recruitment activities.  Additionally, a group of prominent U.S. officials, current and retired, will be banned from entering Venezuela because of what Maduro said was their involvement in "bombing Iraq, Syria and Vietnam" and other "terrorist" actions. The officials include George W. Bush, former U.S. Vice President Dick Cheney, former CIA Director George Tenet.



Tyler Durden's picture

Caught On Tape: The Moment Boris Nemtsov Was Assassinated

As the world contemplates the various 'provocation' scenarios - a Russian act, a CIA act meant to look like a Russian act, or a Russian act meant to look like a CIA act? - the following clip suggests this was anything but an ad hoc shooting... Questions remain, but Soviet ex-President Mikail Gorbachev is sure, the assassination of opposition politician Boris Nemtsov as an attempt to destabilize Russia.



Tyler Durden's picture

Which New World Order Are We Talking About?

Those of us who are libertarians have a tendency to speak frequently of “the New World Order.” When doing so, we tend to be a bit unclear as to what the New World Order is. Is it a cabal of the heads of the world’s governments, or just the heads of Western governments? Certainly bankers are included somewhere in the mix, but is it just the heads of the Federal Reserve and the IMF, or does it also include the heads of JPMorgan, Goldman Sachs, etc.? And how about the Rothschilds? And the Bundesbank—surely, they’re in there, too?



Tyler Durden's picture

Tens Of Thousands Rally In Moscow To Mourn Slain Boris Nemtsov

If there was supposed to be any crackdown on opposition voices in Russia following the shocking death of Boris Nemtsov, it wasn't evident today during a rally in which tens of thousands converged in central Moscow this monring to mourn the veteran liberal politician Boris Nemtsov, whose killing on the streets of the capital has, according to AP, shaken Russia's beleaguered opposition. As AP reports, and as the photos below show, the mourners marched to the bridge near the Kremlin where Nemtsov was gunned down shortly before midnight Friday. "The march could serve to energize the opposition or it could prove to be a brief outpouring of emotions that once again dissipates in a climate of fear."



Tyler Durden's picture

Here Is The Reason Why Stocks Just Had Their Best Month Since October 2011

If not the economy or fundamentals, and if not the Fed, which as we know is still on sabbatical after its massive QE1-2-Twist-3 $3 trillion liquidity injection, just what has pushed stocks up to jawdropping all time highs? Here, courtesy of Deutsche Bank, is the answer...



Tyler Durden's picture

Most Americans Are Slaves And They Don't Even Know It

Most Americans spend their lives working for others, paying off debts to others and performing tasks that others tell them that they “must” do. These days, we don’t like to think of ourselves as “servants” or “slaves”, but that is what the vast majority of us are. It is just that the mechanisms of our enslavement have become much more sophisticated over time.



Tyler Durden's picture

Meet Linebarger - The Government's Biggest Private Debt Collector

Collecting debt is a dirty business which is why The Federal Government turns it over to the private sector. Meet one of the biggest players in the industry, law firm Linebarger Goggan Blair & Sampson. It has worked for small-town school districts, the city of New York and at one point, the largest tax collector in the country: the Internal Revenue Service. As CNN reports, based in Texas, Linebarger works for 2,300 clients nationwide and collects $1 billion for its clients each year. But the collection system is far from perfect, leading to some nightmare scenarios. Despite decades of scandals over the way the firm gets business (and even jail time for one of its top executives) Linebarger still lands lucrative government contracts...



Tyler Durden's picture

Breaking Bad (Debt) - Episode One

The average American benefited in no way from the government/banker bailout. Their wages have deteriorated, their daily living expenses have risen, Obamacare has resulted in higher healthcare premiums, higher co-pays, more part-time jobs, less full-time jobs, and less healthcare choices for the working class, while Wall Street generates billions in risk free profits, bankers and corporate executives reap massive million dollar bonuses, and the .1% parties like its 1999. Rising wealth inequality has been systematically programmed into our economic system by bankers and their bought off puppet politicians in Washington D.C. – Corporate fascism at its finest.



Do NOT follow this link or you will be banned from the site!