Oct 19

Nonperforming Spanish Loans Near All-Time High as Overall

Huky Guru posted a couple of interesting charts on his blog today about shrinking credit but rising percentage of nonperforming…

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Oct 17

Free Market Response to Ebola

In response to Obama's Lame Response to Ebola; No Protocols but Lots of Fearmongering one person responded that I was…

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Oct 16

WalMart Margins Set to Plunge? Will Rest of

Retail sales reports on Wednesday have me thinking about the strength of the economy, commercial construction, jobs, and profit margins. Let's…

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Oct 15

Post-Foreclosure Hell: Garnished Wages, Seized Assets, Deficiency Judgments

In 2009 and 2010 "Walking Away" was the rage. (skip the adds and scroll down to my list of articles). Back…

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Oct 14

Australian Dollar Too High, Markets Face ‘Violent’ Crash,

In June of 2011 it took about $1.10 to buy an Australian dollar. Today it takes about 87 cents. In the…

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Oct 13

End of U.S. Dollar Hegemony – Not

Is the end of US dollar hegemony at hand? Inquiring minds may be asking that question given China’s Zhou Says Some…

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Oct 12

Snowden Film “Citizen Four” Reveals How He Did

Once again I salute Edward Snowden as an all-American hero. On second thought, make that an all-world hero. A movie on…

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Oct 11

Indianapolis Airport Unveils Roaming Customer Service Robot on

The ongoing effort to replace human workers with robots took an interesting turn today as Indianapolis Airport Unveils Roaming Customer…

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Oct 10

Panic Over Ebola: Airline Strikes, Banned Flights, Experimental

Anyone recall how the war in Iraq would pay for itself? That was the US Defense Department estimate in 2003. Now…

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Oct 9

Police State USA: Civil Forfeiture Under Presumption of

Where in the world can police confiscate your money and your property, not charge you with any crime, then tell…

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Oct 8

New Home Prices: Are they Really Up this

Thanks to ultra-low interest rates, massive all-cash purchases by private equity funds, and Fed-sponsored financial speculation, home prices are now…

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Oct 7

ISIS Waves Black Flags of Victory Over Kobani;

Those looking for proof that massive US bombing missions in Syria cannot stop ISIS now have it. Highlighting the complete…

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Oct 6

German Factory Orders Slump 5.7%, Most Since January

The grim news in Europe continues, this time led by Germany. Bloomberg reports German Factory Orders Slump 5.7 Percent. Orders, adjusted…

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Oct 5

800 Towns in Catalonia Pledge Support for Independence

Inquiring minds may be interested in the latest events in Europe on an otherwise slow news weekend. Via translation from…

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Oct 4

Shifting Debts: The Gold Standard: Both Good and

In response to Reader Question on a Credit-Based Society: Can Interest Ever Be Repaid? I received an email from reader…

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Oct 3

What Do Treasury Yields Say About Job Expectations,

Curve Watcher's Anonymous notes some interesting reactions in the treasury bond market following a string of good job reports.Today the…

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Oct 2

Tensions Mount in Hong Kong as Protest Enters

Protests in Hong Kong entered the 5th day with no sign of letup. The protest movement followed a controversial decision in…

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Oct 1

Argentine Central Bank Chief Quits in Currency Dispute;

On Tuesday evening, Argentine President Cristina Fernández accused Juan Carlos Fábrega, head of Argentina’s central bank, of "provoking a devaluation…

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Sep 30

Draghi Pressures ECB to Buy “Junk-Rated” Loan Bundles

On September 4, ECB President pulled out a financial bazooka including a pledge to build up the ECB's balance sheet…

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