The mainstream narrative about “recovery†from the financial crisis is a giant con job. And nowhere does the mendacity run deeper than in the “banks are fixed†meme—an insidious cover story that …
Read More USAWatchdog’s Greg Hunter spoke with Peter Schiff this week. They discussed the intricate problems of Europe and Greece, the phony economic recovery in the United States, and how investors can …
Read More Like so many sloppy discussions of economics to make an important policy point, but badly, this one diverges from common shared reality fairly quickly. Let me strike the key hypothesis in this, …
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Greece has two major financing problems. One is long-term, the other happens right now. Greece’s overall debt load of €323 is not sustainable. What cannot be paid back, won’t. The …
Read More With the Federal Reserve now indicating that they are “really serious” about raising interest rates, there have come numerous articles and analysis discussing the impact on asset prices. To wit: “‘Stocks typically sell-off …
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I recently wrote about the unfairness of ‘carried interest’ tax breaks targeted to hedge fund and private equity owners. In fact, I’ve covered the topic before as well. Some readers became angry about my …
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Chinese stocks were among the best performing in 2014, growing by over 43% – a rise second only to Argentina’s market. 2014 was also the year that the Chinese economy surpassed that …
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When I recently offered a client the services of a money manager, he was surprised and asked, “You’re my financial advisor, so why don’t you trade my account? I’ve heard …
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Source: pixabay Dear Diary, A glassblower’s shop. A used-furniture store. Luxury high-rise condos protected by double fences and electric wire. Neighborhood bars. Fancy restaurants. Sushi. Pizza. Bold glass office buildings. The …
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The famed candy and snack company, Mondelez International Inc (NASDAQ:MDLZ)  reported fourth quarter earnings this morning told investors that profits dove 72% during the fourth quarter, thanks to currency risk across …
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