The financial gouging of the American college student: Tuition is up 300 percent from 1990 and total outstanding student debt has grown by over 1 trillion dollars since 2000. o o o Madness in the Physical Silver Market o o o Is Seattle doing away with single-family homes? o o o Items from Mr. Econocobas: Navient Adds to Fears on US Student Debt China’s Record Dumping Of US Treasuries Leaves Goldman Speechless
Missing Gold, Unpayable Debts, Financial Crises, Bail-Outs and Bail-Ins… There Must Be a Better Way o o o Now that the Fed will raise rates, can it? – G.P. o o o 12 Reasons Why The U.S. Economy Is In Big Trouble Items from Mr. Econocobas: More Children Living in Poverty Now Than During Recession Greek Prime Minister Asked Putin For $10 Billion To “Print Drachmas”, Greek Media Reports – This is an interesting thought…
6 Signs The Great Crash Is Upon Us o o o In speaking to the liquidity crisis in Greece, the head of the Greek Banking Council, opines: “If that (cash) had not been removed, the Greek banks would not have had a liquidity problem,” she said…Katseli noted that since 2008, 124 billion euros worth of deposits has been withdrawn from Greek banks and that 40 billion of that money has been removed in the last few months. You have to wonder how this would play out in a nation likely more leveraged than Greece. – T.K. o o o Items …
3 stories of the current housing market: The true long-term cost of owning a home, Orange County housing inventory, and Pasadena real estate. o o o All Hail Our Banking Overlords! o o o The Global Economy Is In Serious Trouble, And It Is Not Just Now Starting To Spread It Is Already Widespread. o o o The Only Thing Growing Is Debt
Key Driver Of The Future Silver Price o o o Take the Low Risk Road o o o An “Austrian” Economist’s Advice For Greece & The EU – A.P. o o o 24 Nations Are Currently Facing A Debt Crisis
“Bank Lives Matter” – Obama Administration Makes Another Move to Protect Profits of Criminal Mega Banks – JFJ o o o China’s GDP Growth Is a Total Lie – H.L. o o o Items from Mr. Econocobas: China Increases Gold Holdings By 57% “In One Month” In First Official Update Since 2009 Greek Banks Will Not Re-Open Monday Even As Loan To Repay ECB Approved Markets Wrong Again: QE4 & Higher Gold on Horizon – This is the full length video of yesterday’s Schiff video.
Health Insurance Prices Take Off: Worker Pay Stagnant – H.L. o o o DANGER! The Federal Reserve Is Very Afraid Of A Stock Market Bubble. o o o Items from Mr. Econocobas: Trader Slams Schiff: You Make ‘Outlandish Predictions’- This is just kind of funny… Could be part of the next Schiff was right youtube video… This Is Yellen’s Response When Asked If The Fed Is Too Worried About The Stock Market Debt Is The Barbarous Relic! Not Gold
Deutsche Bank Potentially On The Verge Of Triggering A Second Global Recession o o o Video: Michael Snyder Gives RED Alert Warning for Economic Collapse in Next 7 – B.B. o o o The ‘Greek Debt Deal’ Is Already Starting To Fall Apart o o o Why cash is the most important asset to own right now – D.S. o o o How Large Was The U.S. Gold Market Trade Deficit In Q1 2015??
Greek safety deposit boxes – S.M. The telling quote: “The only reason to put access to safe deposit boxes under capital controls – measures which were agreed between the government and the banks – is because the banks and governments wish to retain the option of confiscating the contents of those boxes should the crisis deepen.” o o o Food Stamp Beneficiaries Have Exceeded 45 Million For 48 Straight Months – G.G. o o o Items from Mr. Econocobas: Snow In The Summer Confirmed – Retail Sales Tumble Most Since February It Starts: Greeks Rebel Against Bailout, Risk Collapse
Greece Today, America Tomorrow? o o o For America’s economy, the end is nigh – H.L. o o o Strategic Investment Manager Warns Of Worldwide Financial Detonation: The Whole Thing Is Going To Blow Up – B.B. o o o Global Banking System on the Verge of Total Collapse o o o Why Greece Is The Precursor To The Next Global Debt Crisis – H.L.
When Money Dies – G.G. o o o California’s war against the middle class: Massive income inequality pushes a growth in crowded rental households and lack of income growth. o o o Why We Should Get Used To Low Oil Prices o o o Debt Crisis Central: Let’s Not Forget About America – H.L.
Tsipras Betrays Referendum, Sells Out to the Banks – H.L. o o o China Stocks and the New York Stock Exchange Shutdown: The Untold Story – H.L. o o o It’s Not If But When the Government Seizes Private Retirement Savings – B.B. o o o Brief interview w/Paul Craig Roberts. This is the best analysis of the E.U./Greek crisis you’ll hear. Why can’t a few more people step forward and frame this thing as plainly as P.C.R.? The whole interview is a grand slam homer, but if you can only listen for five minutes, minute 12 to minute 17 …
Premier Bank is the sixth FDIC-insured institution to fail in the nation this year, and the first in Colorado. – G.G. o o o China lost the equivalent of 14 Greeces over the last month: Why the actions of banning short selling and punishing the market taken by the Chinese government will backfire. o o o Items from Mr. Econocobas: Greek Deal in Sight as Germany Bows to Huge Global Pressure for Debt Relief Greece’s Tsipras to Sell Austerity Deal to Reluctant Party – We are truly living through some crazy weeks here globally from an economic perspective. With Cash …
Train Wrecks Past & Future o o o The next Greece may be in the U.S. o o o U.S. Economy Slouches Toward Recession As Eurozone Crisis Widens o o o OPEC Still Holds All The Cards In Oil Price Game o o o Video (10 min): Stewart Rhodes (Oathkeepers) warns public to ready for economic shaking
Banks Quickly Abolishing Your Ability to Use & Store Cash. – D.S. o o o Priorities: Greeks Rush to Buy Laptops and Games Consoles in Anticipation of Economic Collapse. – JBG o o o Items from Mr. Econocobas: China ‘Heading Towards 1929 Market Crash’… Chinese Retail Investor Savings ‘fall into abyss’… ‘Greece Is On The Edge of Catastrophe. There Will be Riots and Chaos’ Greek Crisis – Breakdown Of Situation With Mike Maloney