Economics and Investing:

Global Oil Supply More Fragile Than You Think o o o “I Sure Am Glad There’s No Inflation” – B.B. o o o San Francisco living in containers and NorCal tents: The housing mania is causing people to pay high prices for what amounts to camping. o o o The Crash And A New Depression – The Seeds For The Next Crisis Have Already Been Sown – G.G. o o o Saudi Arabia may go broke before the US oil industry buckles




Economics and Investing:

8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent – B.B. o o o Fed Finally Figures Out Soaring Student Debt Is Reason For Exploding College Costs o o o Iceland Recovering Fastest in Europe After Jailing Bankers Instead of Bailing them Out – C.C. o o o Comparing the cost of living between 1975 and 2015: You are being lied and fooled when it comes to inflation data and the cost of living. o o o Items from Mr. Econocobas: Video Interview: Chris Martenson-$40 Trillion Lost in Next Crash – Great interview worth listening if …




Economics and Investing:

Dutch king declares the end of the welfare state – P.S. o o o Firm OPEC And U.S Production Keep Hopes For Higher Oil Prices Down o o o The economy chugs along with consumers going into deep credit card debt: Credit card debt surges in top 25 US metro areas according to Equifax data. o o o The Insanity that is San Francisco Real Estate: Median home price is 34% higher than previous peak bubble price and stands at $1,360,000. It is ironic that a place that was made unique by lower income artists and free spirits in the …







Economics and Investing:

Some progressives never learn: CEO Raises Salaries to $70K for EVERY Employee, Now has to Rent Out his Own Home to Make Ends Meet o o o Puerto Rico: No money available to make $58M bond payment – G.G. o o o Big Chunk Of JP Morgan’s Gold Holdings Withdrawn In One Day o o o It Won’t End Well: Unemployment In Italy Has Hit All Time New Highs. Canada’s Economy Shrinks Again, On A Verge Of A Recession. U.S. Wage Growth Is The Weakest Sine 1982.







Economics and Investing:

Rental Apocalypse: US homeownership collapses to 48 year low while rental rates continue to climb. o o o Central banks will disagree; Keynesian economists probably disagree; Too-Big-To-Fail banks don’t care … o o o Items from Mr. Econocobas: 2nd Quarter GDP Misses Expectations Alan Greenspan: This is ‘Extremely Dangerous’ – While what he is saying is true, Greenspan has no room to lecture anyone, considering his abysmal track record at inflating debt and destroying an economy. US Economy Grew At 2.3% In Q2, Below Expectations, “Winter” Quarters Revised Higher On Double Seasonal Adjustments – Venturing further down the “Ministry of …




Economics and Investing:

The War On Cash: Why Now? – D.S. o o o Oil Majors Resigned To Lower Oil Price Environment o o o If The American Dream Is To Own A Home, Then It Hasn’t Been In Worse Shape Since 1967 o o o Paul Craig Roberts – The Global Economy A “House Of Cards”, Fed Most Certainly Will Not Raise Interest Rates, Demand for Gold and Silver Very Very High




Economics and Investing:

You Cannot Afford a $250,000 Home with a $50,000 Household Income! o o o The Economic And Financial Problems In Europe Are Only Just Beginning… – B.B. o o o Items from Mr. Econocobas: What Really Happens When Pensions Disappear – This is the kind of nonsense that CNBC puts out. Over committed, over compensated pension funds cannot and will not exist any longer. We have leveraged public sector debt to the hilt, and this is the logical end to this nonsense. Also, the thought of fewer government workers, the majority of which are overpaid for their positions compared to …




Economics and Investing:

This is how much land prices have changed, and how much they haven’t – H.L. o o o Fear Rises As Financial Markets All Over The Planet Start To Crash o o o Pessimism Amongst Oil Traders Reaches 5 Year High o o o Historically, When Junk Bonds Have Shown An Extreme Negative Divergence While Stocks Were Near Their 52-week Highs, Stocks Have Almost Unanimously Succumbed To Weakness As Well.




Economics and Investing:

Default Nears: UBS’s Puerto Rico Bond Funds Implode, “Collateral Value” Drops to Zero, Investors Screwed – H.L. o o o Credit card debt makes up for lack of income growth: Credit card debt outstanding back up to $900 billion. Since 1980 household income up 300% while credit card debt up 1,760%. o o o Could Another Great Financial Crisis Be Just Around The Corner? o o o 1.5 Million Teens Don’t Think They Can Get a Job In This Economy o o o Oil Price Rout Set To Inflict Real Pain On Russia




Economics and Investing:

“I’m Doing Fine in a World that is Totally Surreal” ~ Jim Willie Interview o o o World Trade Slumps By Most Since Financial Crisis o o o The World Is Awash With Debt. The Bond Market Has Ballooned Up To $100 Trillion In Size. And Most Nations Are Struggling To Service Their Debt Loads Even With Rates At Historic Lows. o o o More Job Losses Coming To U.S. Shale







Economics and Investing:

The U.S. Economy Is Undergoing Massive Hemorrhaging At The Moment As Poverty Is Spreading Like Wildfire Through The Major Cities. o o o World Trade Drops Most Since Financial Crisis – H.L. o o o Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now? – B.B. o o o Social Security Disability Fund Could Run Dry in 2016 – B.B. o o o Gold, Silver, Equities: Megaphone Patterns