Posts Tagged ‘ debt ’

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The American Housing Market Is Headed for Total Destruction

Oct 13th, 2010 | By | Category: Featured, Housing, Macro Economics
The issue with the recent robo-signing scandal is that clear title could disappear in the American mortgage market. Part of the outrage is that U.S. banks have been foreclosing on mortgages which they don’t even own. Part of the reality is that the convoluted process of securitisation means banks may ...read more

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Posted in Featured, Housing, Macro Economics | 22 comments


How to Survive and Thrive in the Age of Turmoil

Oct 11th, 2010 | By | Category: Featured, International, Personal Investing
I was in Paris recently, in a park near the Louvre museum enjoying a lazy summer day. I wasn’t the only one with such a great idea, there were probably a few hundred others enjoying the sunshine — children playing football, kissing lovers entwined on the grass, businessmen on a ...read more

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Posted in Featured, International, Personal Investing | 17 comments


Hyperinflation Guaranteed

May 24th, 2010 | By | Category: Featured, Macro Economics
Yes this is it! We have crossed the Rubicon and events in the world economy are now likely to unfold in a totally uncontrollable fashion. Clueless governments still don’t understand that it is their ruinous actions that have created a credit infested and bankrupt world. They will continue to prescribe ...read more

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Posted in Featured, Macro Economics | 18 comments


The Ponzi Scheme Unwinds in America and Europe

May 18th, 2010 | By | Category: Economics, Featured, Politics
Everybody in the world is broke, except for maybe Lloyd Blankfein, and he may not end up broke so much as broken — by a political meat-grinder that is revving up to turn the world’s woes and swindles into a new kind of Long Emergency sausage, to be distributed among ...read more

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Posted in Economics, Featured, Politics | 27 comments


Greece and Goldman Sachs

May 7th, 2010 | By | Category: Featured, Macro Economics
The Greeks have been over-spending for decades. I mean stupid stuff, such as allowing civil servants to retire in their 40’s, and permitting their unmarried or divorced daughters to collect their pension after they have died. Government-owned and hugely unprofitable Olympic Airways, government-owned and unprofitable utilities, hundreds of benefit programs ...read more

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Posted in Featured, Macro Economics | 73 comments


Collapse Is Inevitable

Mar 15th, 2010 | By | Category: Featured, Macro Economics
“Masked youths...attacked the head of Greece’s largest trade union, who was addressing the crowd, and hurled stones at the police. GSEE union boss Yiannis Panagopoulos traded blows with the rioters before being whisked away, bloodied and with torn clothes.” The Daily Mail account put the blame for these disturbances on Germany’s ...read more

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Posted in Featured, Macro Economics | 7 comments


How to Survive Financial Collapse Right Now

Mar 12th, 2010 | By | Category: Economics, Featured, Personal Investing, Politics
L: Doug, last time we spoke, you said quite a bit about debt, in the context of your expectation that the euro is on its way out. At the end of that conversation, you mentioned, of course, that the problem is not limited to Greece, nor the eurozone. America as ...read more

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Posted in Economics, Featured, Personal Investing, Politics | 11 comments


The Debt Problem Has Not Gone Away

Feb 1st, 2010 | By | Category: Featured, Macro Economics
Last year's stock market rally was impressive. But what if it was merely a case of investors taking on more risk, having been encouraged by low interest rates and all the liquidity sloshing around in the stock market, taking it higher? How would that be substantially different from banks taking ...read more

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Posted in Featured, Macro Economics | 3 comments


Government’s Shell Game of Taxing, Borrowing and Monetizing Debt

Dec 11th, 2009 | By | Category: Currencies, Featured, Macro Economics
The world is not yet ready to give up its addiction to paper currency. Actually, the world may be getting a snoot-full of it, but governments are not. You see, paper currency has an unbelievably strong attraction for governments. Do you know what it is? Do you wanna know? It’s elastic. ...read more

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Posted in Currencies, Featured, Macro Economics | 4 comments


They’re Going to Kill the Fed

Dec 3rd, 2009 | By | Category: Featured, Morning Whiskey
They're going to kill the Fed. Tentative last safe date to get your Bernankes traded for something of intrinsic value is the end of the first quarter, 2010. Well...you you could just take my word for it and save both of us some valuable time, but you probably want enough details to ...read more

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Posted in Featured, Morning Whiskey | 74 comments


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