Category: Economics & Investing

America’s Biggest Scam: The “Free Market” o o o We are absolutely in a stock market bubble: Corporate equity valuations now higher than peak reached in 2007. Crestmont P/E of 26.3 is 90 percent above its average of 13.9. o o o Big Banks Look To Cash In Using D.C.’s Revolving Door o o o Obama’s economic “recovery”: fewer than half of US adults have full time jobs. – B.B. o o o Federal Reserve’s Dual Mandate Disappointment; Will Private Investment Clean Up Slack?

This week’s Woodpile Report is a “must read.” o o o There’s debt, Then There’s Debt, Then There’s U.S. DEBT. – J.W. o o o The mega-Rick Rant returns! – P.M. Last time, Santelli accidentally created the Tea Party, so what happens now? o o o People Are Going Broke & It Will Get Ugly o o o Items from Mr. Econocobas: Fed Fears Risks Posed by Exit Tools; Plan Almost Done Yellen Says Fed Easy Money Needed Even After Recovery: Report Japan Economics Minister Warns of Premature QE Exit

Gold Bugs Know That A Return To Gold Is Inevitable o o o Typical liberal logic… to even suggest this is outrageous. Let’s nationalize Amazon and Google: Publicly funded technology built Big Tech o o o Items from Mr. Econocobas: ECB Interest Rates Too Low For Germany, Says Bundesbank Chief Gallup Slams Lid On Hopes For US Economy The Implosion Is Near: Signs Of The Bubble’s Last Days

11 Disturbing Charts About The Chinese Economy o o o “Waiting For Armageddon” – Say It Isn’t So? – B.C. o o o Items from Mr. Econocobas: Europe Tumbles As Banks Lose All 2014 Gains The Wall Street “Escape Velocity” Scam: GDP Forecasts Fizzling For Fourth Straight Year Time For Regime Change At The Eccles Building: Interest Rate Pegging Is Destroying Capitalism

Guest Post: How To Find Shelter From The Coming Storms? – D.C. o o o Items from Mr. Econocobas: Oil Supply Risks For 2015 ‘Extraordinarily High’ Portuguese Bank Crisis Is The Tip Of The Iceberg Housing Bubble 2.0: Chinese Cash Floods The Upper-End Bubbles, Bubbles Everywhere

The Only Prescription for a Real Economic Recovery o o o Janet Yellen Is Out Of Touch With Reality, Inflation Is NOT Just Noise o o o Items from Mr. Econocobas: Video: Chris Martenson-People Will Be Wiped Out In Coming Crash Bulgaria Tries To Contain Bank Run Japan Economics Minister Warns Of Premature QE Exit, Sees Room For More Easing Winning Currency War Fails to Deliver Spoils for Japan Business- It Took That Long To Figure This Out?

The Fossil Fuel Industry May Not Help the Planet, But It Employs Millions – J.S. o o o Fed Sows The Seeds For The NEXT Financial Crisis o o o Items from Mr. Econocobas: Fed Independence Questioned as More Conservatives Ramp Up Pressure Breakfast Takes A Bigger Bite Out Of Your Wallet Portugal Concerns Compound Global Stock Selloff

Why You Feel Poorer. – B.B. o o o Items from Mr. Econocobas: Who Was Hiring In June What’s Lurking Beneath the Glossy Veneer of the Jobs Report? Virtual Economy’s Phantom Job Gains Are Based on Statistical Fraud

The Unconstitutional State of America o o o Here Are The Industries Where Job Openings Are Really Starting To Pick Up. – H.L. o o o Items from Mr. Econocobas: The Almighty Dollar Is In Peril As The Global ‘De-Dollarization’ Trend Accelerates Gold Shines Again as Hedge Funds Boost Wagers on Advance Tale Of Two Americas: This Chart Shows What’s Wrong With The So-Called “Recovery”

Foodflation – Since QE3, Breakfast Is Up Over 24% – G.G. o o o Things That Make You Go Hmmm… Vision Quest o o o Why The Almighty Dollar Is So Vulnerable Right Now o o o Money Bubble Will Pop-John Rubino. – B.B. o o o 24 Silver Points: Facts, Conspiracies & Manipulations

A creative way to steal money? Spain Issues Retroactive 0.03% Tax on Bank Deposits to “Boost Economic Growth and Job Creation” . – P.S. o o o Being young increases your odds of being unemployed in the US: 40 percent of unemployed workers are Millennials. The long-term impact of young unemployment. o o o Central Bank Smackdown o o o CEO Of One Of The World’s Largest Energy Majors “Sees No Reason For Petrodollar”. – J.L.

Largest Austrian Bank Crashes After “Revealing” 40% Surge In Bad Debt Provisions, Record Loss. – H.L. o o o Shanghai Silver Stocks Fall To Lowest Level On Record o o o Gas Prices Near 6-Year Highs, No Inflation? Who Says. – B.C. o o o Inflation Psychology Begins to Change. – RBS

We’ve Crossed The Tipping Point; Most Americans Now Receive Government Benefits – G.G. o o o Items from Mr. Econocobas: Since 1990, Real Rents Are Up 15% While Median Incomes Are Unchanged NIRP Strikes: Spain To Create Tax On Bank Deposits 18 Signs That The Global Economic Crisis Is Accelerating As We Enter The Last Half Of 2014 How Few Wall Street-Backed Firms Manipulated The Entire US Housing Market