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Shah Gilani: The markets are rallying, again. Will this time be different? Or is this just another head fake? The truth is the current rally is not surprising given what’s coming out of the G20 meeting, what’s likely to come out of the Fed’s Open Market Read more…
Michael Snyder: The summer of 2012 is shaping up to be very similar to the summer of 2008. Things look incredibly bleak for the global economy right now. Read more…
Michael Snyder: Warren Buffett once said that derivatives are “financial weapons of mass destruction”, and that statement is more true today than it ever has been before. Read more…
Michael Snyder: Why isn’t the U.S. economy in a depression right now? The number one reason is because the federal government has stolen more than five trillion dollars Read more…
Michael Snyder: During an appearance on Meet The Press on Sunday, Jim Cramer of CNBC boldly predicted that “financial anarchy” is coming to Europe Read more…
Michael Snyder: There is nothing wrong with being optimistic, but there is something wrong with having blind faith that things are going to get better when all of the evidence is screaming at you that Read more…
Michael Snyder: Is there one thing that Tony Robbins, Ron Paul and Ben Bernanke can all agree on? Yes, there actually is. Recently they have all come forward with warnings that the national debt crisis Read more…
Michael Snyder: The U.S. tax code is a complete and utter abomination and it needs to be thrown out entirely. Nobody in their right mind would ever read the whole thing – it is over 3 million words long. Each year, Americans spend billions of hours and hundreds of billions of dollars trying to comply with federal tax Read more…
Dominique de Kevelioc de Bailleul: As signs of a real estate market recovery creep back into the monthly data, along with a long-awaited settlement reached in the robo-signing scandal finalized, it appears that underneath the seemingly good news is a second round of foreclosures, instead, spelling more trouble for US Read more…
Martin Hutchinson: Don’t look now but there’s another giant bubble out there. It’s so big it rivals subprime. I’m talking about the student loan bubble. Recently, the outstanding volume of student loans passed $1 trillion. What’s more bothersome is that the average individual amount owed by new college Read more…
Martin D. Weiss: In the second half of 20th Century, you could count on the rising U.S. economy to lift nearly all boats. Sure, we had recessions. Read more…
Shah Gilani: Finally, some well-deserved help for beleaguered monster banks is on its way. Make that, well on its way. Those poor big banks accidentally and inadvertently got caught up making so many easy loans to deserving, hard-up borrowers, who wanted to buy overpriced dream homes, and a few million other Read more…
Michael Snyder: Federal Reserve Chairman Ben Bernanke claims that the Federal Reserve averted a second Great Depression by bailing out the big Wall Street banks during the last financial crisis, and he Read more…
Keith Fitz-Gerald: In 2008, reckless credit default swaps nearly obliterated the global economy. Now comes the next crisis – rehypothecated assets. It’s a complicated, fancy term in the global banking complex. Yet it’s one you need to know. Read more…
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