Category: Economics & Investing

Who Is The New Secret Buyer Of U.S. Debt? JWR’s Comment: In December of 2013, when the protracted rumors of the Quantitative Easing taper finally came to fruition, I posted my conjecture that to compensate for the lost dollar value of the taper, the Fed would make backroom deals with one or more nations to either: A.) Swap debt purchases (their ugly paper, for ours), or B.) Secretly buy more of our own debt, through intermediaries. Based on the Zero Hedge report, it looks like Yellen & Company chose Option B. So here is my next prediction: The truth and …

The Successor to Keynes. – Mark the Hairless o o o Russia, China Plan to Expand Payments in National Currencies. The Demise of the Petrodollar. – G.P. o o o Items from The Economatrix: Jim Rogers Warns: “You Better Run for the Hills!” How Much Do Americans Earn? Average Income Data For Individuals And Households. Stagnant Income Growth For American Families. America Can’t Prosper With Low Rates, Weak Dollar Humor: Risk Of Another Financial Crisis “Very Low,” Geithner Says

No Raises For Anyone: Real Hourly Wages Decline For The First Time Since 2012. – T.F. o o o Why The Fed Won’t Flinch As Unemployment Drops And Inflation Rises o o o Items from The Economatrix: Richard Russell – Shorts May Get Crushed In The Silver Market Full-Blown Currency Wars, Gold, World War III & Serious Panic Ask The Expert – Jim Willie (May 2014) | Sprott Money News : Sharing The US Government Has A ‘Suicide Tendency’, Jim Calls Out The Banking Cabal As The US Dollar Edges Ever Closer To Its’ End A Demographic Time Bomb: Over …

The Endgame Of Keynesianism: Savings Confiscation To Force Spending Now o o o Innovation, American Entrepreneurs and the New Job Agenda o o o Items from The Economatrix: The Meat Crisis Is Here: Price Of Shrimp Up 61% – 7 Million Pigs Dead – Beef At All-Time High Yellen: More Steps Needed To Get Healthy Economy Housing Starts Seen Hitting Four-Month High Homebuilder Confidence Plunges To 12-Month Lows

What Food Inflation? – G.G. o o o Federal Reserve Gone Wild o o o Items from The Economatrix: Fed Laundering Treasury Purchases to Disguise What’s Happening-Paul Craig Roberts De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar U.S. Wholesale Prices Surge In April Why Surge In Wholesale Inflation Is Probably Bogus Rising Resource Costs Escalate Odds of Global Unrest

Jim has often sounded a warning in his commentary about the size of the derivatives market and the risk attendant to that market segment. The article below describes an expansion from the “TBTF” banks to smaller regional banks. – B.C. Regional Banks Are Dipping Their Toes Into A Market Once Dominated By Wall Street o o o Ukraine Just Issued $1 Billion Bonds Backed By The US Taxpayer. – B.B. o o o Items from The Economatrix: U.S. Wholesale Inflation Rising, But Not That Fast Top Forecaster: Economy Not Derailed By Bad Winter Drop In Food-Stamp Enrollment Picks Up Steam …

What Happens When America Goes Bankrupt? – P.S. o o o Meet TheLiberal Network That Orchestrated The Hit On The Benham Brothers. – P.M. o o o Items from The Economatrix: When Not Even The “1%” Can Afford College Bank Of America Would Like To Buy Your Gold, Seeing “No Gains Above $1315” De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar Is College Worth A Lifetime Of Debt? Student Debt Reaches Critical Tipping Point At $1.2 Trillion As Annual Price Increases Enter The Moment Of Truth.

“Fundamental Imbalance”: The GAO’s visualization of our long-term budget crisis. – G.P. o o o Slavering Wolves of Inflation. – H.L. o o o Items from The Economatrix: If Economic Cycle Theorists Are Correct, 2015 To 2020 Will Be Pure Hell For The United States Global debt enters terminal velocity mode: Why central banks have no intention of slowing their public and private debt binge. U.S. retailers probably had decent showing in April

Rise of American Expatriation. – Divorcing America. – S.B. o o o The Writing Is On The Wall… And We Should All Read It – H.L. o o o Items from The Economatrix: The Next Shoe Drops Just 2 Days After The Last One IRS Audited Tea Party Donors Ten Times More Often Than Regular Americans “Capital” As Seen By An Austrian Economist

This Will Trigger Massive Crisis & Panic All Over The World o o o One in 10 Americans don’t carry paper money anymore – G.G. o o o Items from The Economatrix: Roubini: We’re At The Very Start Of A Credit Bubble Long-Term Jobless Still More Than One-Third Of Unemployed Geithner Says Efforts To End Too-Big-To-Fail Are ‘Misguided’ Efforts to deal with corruption are never misguided. Congress May Raise Bar For A Bank To Qualify As ‘Systemically Important’ To $100 billion If it fails because of corruption and mismanagement, it should still fail. It’s obvious the really big guys who …

My analysis of the true price of silver in today’s dollars – G.P. o o o It’s Very Clear That The U.S. Economy Isn’t Growing o o o Items from The Economatrix: Fed Takes Step To Limit Size Of Biggest Banks Watch for bank mergers before any 100-billion-bar legislation takes place. Job growth picking up, but data likely to show worker confidence still low WSJ Survey: Economists See Growth Rebound The Economics Of Marriage This Is What’s Going To Happen When All Hell Breaks Loose

Saxobank Warns China Is Exporting Deflation (And It’s Not Going To Stop Anytime Soon) – H.L. o o o The Shocking Increase Of College Tuition By State – B.R. o o o Items from The Economatrix: Banks Close in Donetsk – A Lesson For The Rest Of Us U.S. April Budget Surplus $114 Billion: CBO Consumer Credit Accelerates In March Yellen Stays Upbeat But Is Watching Housing Yellen: Geopolitics, U.S. Housing Could Slow Recovery

The Shocking Increase Of College Tuition By State – H.L. o o o Jim Rogers: Hold Onto Your Gold o o o Items from The Economatrix: Celebrate The Recovery By Buying Restaurant Garbage (And Yes: There’s An App For That) Bank Of America Online Banking Down:SOME REPORTING HAS BEEN DOWN SINCE 5/1 Is IMF Preparing For Dollar Collapse? Dr. Jim Willie-Russia May Want Gold Not Stinking Dollars

US household debt nearly twice as high as annual wages and salaries: Inflating the consumer debt bubble with student loans and auto debt. o o o Warning: The Ukraine Is At A Flashpoint o o o Items from The Economatrix: The “Economic Recovery” Continues: Businesses Are Being Destroyed Faster Than They Are Being Created Will Detroit Be The First Major Chinese City In The United States? The Impending Retirement Crisis: Pushing The Financial Constraints Of An Economy Where Many Will Rely On Social Security For The Bulk Of Their Income On The Backs Of A Growing Young Low Wage Workforce. …