Credit Crisis

"This Only Ends When The Bond Market Pukes"

"There will be rallies in bonds that you can trade, but over the long run, I have complete faith that governments and Central Banks will do what they do best - inflate away your hard earned money. Betting against them is betting against history… "

Is This The "Mystery" Massive Long Supporting The Oil Market?

"I know this theory is a little out-there. But I look at the recent expansion of crude oil net positioning, and it just doesn’t reflect what I see in the market. China as a big silent buyer is a much more plausible explanation than the fact hedge funds are net long record crude oil because they are so bullish."

Kyle Bass Warns "All Hell Is About To Break Loose" In China

China's credit system expanded "too recklessly and too quickly," and "it's beginning to unravel," warns Hayman Capital's Kyle Bass. "As soon as liabilities have problems - meaning the depositors decide to not roll their holdings - all hell breaks loose."

In Today's Fiat Money Financial System, 'The House' Always Wins

Perhaps the rules of the game have always favored the bankers.  Loaning out deposits at a higher interest rate than the yield paid is cornerstone to fractional reserve banking.  However, the extreme maltreatment of individual depositors and borrowers that has persisted following the 2008 credit crisis is a downright disgrace.