Capital Flight From Greece Accelerates, €5bn in May,
Capital flight from Greece continues, €5bn in May, not counting orders to buy foreign bonds. The exodus now includes cashing…
Read ArticleScreeching Halt in China; Weak Trade Data; Imports
China bulls are in for a multi-year shock because rebalancing from an economy overly dependent on exports is going to…
Read ArticleMish Interview on the “Daily Bell”: Rise of
On Sunday, May 06, 2012 I gave an Exclusive Interview to the "Daily Bell" with Anthony Wile that I would…
Read ArticleALS Update; I Still Need Your Help; Money
In case you missed it, back on April 2, 2012 I reported My Wife Joanne Has ALS, Lou Gehrig's Disease.…
Read Article200,000 Lose Unemployment Benefits This Week, Nearly Half
The grim situation in California is about to get grimmer as Unemployment Benefits Go Bye-Bye More than 200,000 long-term jobless…
Read ArticleNo Deal: Greek Moderate Left Party says “No
The talks still continue but good news is on the horizon as yet another political party, the Democratic Left, has…
Read ArticleCalifornia Deficit Soars to $16 billion; Governor Brown
California, like Greece is perpetually in fiscal trouble. Overoptimistic revenue forecasts coupled with spending $2 billion more than expected has…
Read ArticleGreek Communist Party Calls For Annulment of Greek
I was hoping for an election announcement today, but the pressure is on for "one" more day as Greek President…
Read ArticleTax Collection Violence in Italy: Mail Bombs in
Violent protests against the hated Equitalia, the Italian tax collection agency, are making headlines in several cities in the past…
Read ArticleTrimTabs on Debt and Disability Claims: How Much
In response to 2.2 Million Go On Disability Since Mid-2010; Fraud Explains Falling Unemployment Rate I received a nice email…
Read ArticleCash Cow Liquidity Comparison: Where’s the Cash and
In light of renewed banter about corporations being flush with cash following Apple's stellar earnings, I thought it would be…
Read ArticleLPS Home Price Index (HPI) Shows National Home
The latest LPS HPI Release suggests home prices are flattening out if not bottoming. Data is from February. Highlights Nationally,…
Read ArticleMarc Faber: “Bureaucrats in Brussels make US government
The quote of the day goes to Marc Faber, publisher of the Gloom, Boom & Doom report. Faber says "I…
Read ArticleMore Anecdotes From China on Plastics, Metalworking, Unused
Reader Steve responded to Chinese Architect Comments on "Dark Apartments", Vacancies, Residential Malinvestment with anecdotes of his own on Plastics,…
Read ArticleSpain Nationalizes BFA and 45% of Bankia; No
The implosion in Spanish banks continues. On Wednesday, Spain nationalized BFA, the 8th nationalization since the start of the crisis.…
Read Article3-Month Gasoline and Petroleum Usage Still Declining
The following chart from reader Tim Wallace shows three-month usage for February, March, and April compared to the same three…
Read ArticleTsipras Plans to Nationalize Banks, put Moratorium on
Spanish Bond Yields Back Above 6% Yield on the 10-year Spanish bond is up 22 basis points to 6.06%, having…
Read ArticleTea Party Ousts 6-Term Republican Senator in Indiana
On Tuesday, six-term Republican senator Richard Lugar was ousted in shocking defeat in the Indiana primary to Tea Party activist…
Read ArticleChinese Architect Comments on “Dark Apartments”, Vacancies, Residential
From the China anecdotes file, reader Gary writes ... "Hi Mish, I have a friend that is an architect in…
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