Wargames Come to Life: Rickards

Wargames Come to Life: Rickards

I wrote about this in 2011 in Chapters 1 and 2 of my book Currency...

Beige Book Sees Slowdown In Employment And Inflation, Sharp Tightening In Credit Standards And Spike In "Liquidity" Concerns

The Fed’s latest Beige Book, which based on information collected on or before April 10,...

The Tax Code: A Playground for the Few, A Labyrinth for the Many

“The tax code’s complexity has created an environment in which tax-preparation services, lobbyists, favored industries,...

As US Debt-Ceiling Debacle Looms, Goldman Warns Of Stock & Bond Yield Declines, Dollar Bid

US Sovereign credit risk protection has never cost so much as it currently does…...

EU Plans to Prevent Taxpayer Cash Being Used to Save Failing Banks

The European Union on Tuesday proposed making it harder for states to pour billions of...

Over the Falls: Credit, Collateral, Risk, Asset Valuations

Together, these factors generate a self-reinforcing cycle of debt saturation, declining collateral and credit contraction....

Where Have a I Read This Before?: Bernanke Says US Could Be Facing A Mild Recession

I’ll remind everyone this Fed prediction of a mild recession in 2008 turned into the...

Credit Default Swap 1Y Breaches 100 As US Treasury Curve Remains Inverted & M2 Money Growth Crashes

The US is beginning to be out of time for agreeing on a debt limit...

A Huge Millennial Home Ownership Gap in Pictures

Millennial homeownership rates badly trail other generations. Here’s a look in pictures and an explanation...

Biden Struggles to Convince People to Buy EVs, Only 12 Percent Seriously Considering

A Gallup survey highlights Biden’s struggle to force people into EVs....

But Rice Is Now Killing The Planet, Apparently

Now it is firmly ensconced among the climate change cult that eating meat is killing...

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