Category: Economics & Investing

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

Gold Up & S&P Down? o o o US Mint SOLD OUT of Silver Eagles, Announces Will Not Take Orders Until AUGUST! – D.S. o o o One in Five Americans Participates in Government Assistance Programs Each Month – G.G. o o o China stocks tumble again despite support measures. – G.P. o o o How The U.S. Government Could Default On Its Debt

“Greece Is Coming To Your Neighborhood” Marc Faber Warns o o o 9.3 million Americans went through a foreclosure or short sale between 2006 and 2014: Home shopping in Compton California. o o o Items from Mr. Econocobas: Greece Bailout Referendum: They Voted ‘No’. Now What? David Stockman- It Is NOT Priced-In, Stupid! Barack Obama Tells Another Whopper—–He Did Not Create 12.8 Million Jobs Sugar, Flour, Rice: Panicked Greeks Stock Up

Greeks Using Bitcoins to Preserve Their Wealth – H.L. o o o EU warns of Armageddon if Greek voters reject terms – JBG o o o Greece’s Yanis Varoufakis prepares for economic siege as companies issue private currencies – JBG o o o The BIS Is Trying To Hide A Terrifying Nightmare That Is Going To Send The World Into A Full-Blown Panic – B.B.

Rosy jobless numbers cover up bad news. – J.F. o o o Famous Rothschild Banking Dynasty Facing Fraud Charges In France o o o Non-working America soars by 640,000 in one month to new record of 93.6 million. Not in the labor force Americans up 11 million since 2010. o o o Sugar, flour, rice: panicked Greeks stock up on essentials – G.G. o o o Greek banks prepare plan to raid deposits to avert collapse. – G.G. o o o Tax Like It Is July 4, 1776. – PLC

Greek banks prepare plan to raid deposits to avert collapse – JBG (requires login) o o o Items from Mr. Econocobas: Greek Bank Closures May Deplete Supermarket Shelves Greece Maybe Out of Cash by Weekend Greek Banks Considering 30% Haircut On Deposits Over €8,000: FT The Complete Greek Referendum Walk-Thru: When, How, What To Expect; And What Comes Next

“It Could Never Happen Here” | The 10th Man Investment Newsletter – D.S. o o o US Dollar Death Guarantee o o o Items from Mr. Econocobas: Americans Not In The Labor Force Soar By 640,000 To Record 93.6 Million; Participation Rate Drops To 1977 Levels Since 2007 The US Has Lost 1.4 Million Manufacturers, Gained 1.4 Million Waiters And Bartenders Part-Time Jobs Surge By 161,000; Full-Time Jobs Tumble By 349,000

THE SILVER CHART REPORT: The Coming Explosive Silver Price & Market o o o The 75 Trillion Dollar Shadow Banking System Is In Danger Of Collapsing o o o Items from Mr. Econocobas: Puerto Rico Bonds Are Collapsing “Heartbreaking” Scene Unfolds At Greek Banks As Pensioners Clamor For Cash Swindle Alert: How To Spot The Fed’s Impending Bailout Of Europe