Bizarro Housing Bubble Spills Over Into "Overbid Madness", $10 Million "Flips" In 24 Hours
One can’t help but look at the situations transpiring around the globe and hope: things are different this time.
The Dow Jones Industrial Average (DJIA) Index is the only stock market index that covers both the second and the third industrial revolution
Dr. Marc Faber is an international investor known for his uncanny predictions and memory of the stock and futures markets around the world.
A man who claims he is the best counterfeiter in the world, Frank Bourassa, has been allowed to go free after turning over a huge quantity of fake U.S. $20 bills that authorities say are “not detectable by the naked eye.” Bourassa, a resident of T
The marriage rate in the United States has fallen to the lowest level ever recorded.
What would you say about an economy where businesses are shutting down faster than they are opening?
What is happening in Donetsk is by the classic book on how to wipe out an economy.
"Are we still a capitalist democracy or have we gone over into an oligarchic form of society in which incredible economic and political power now rests with the billionaire class?" Sen. Bernie Sanders, a Vermont socialist, asked that question of Fede
Piketty has found that, over the long run, the return on capital is higher than the growth rate of the overall economy. In other words, accumulated and inherited wealth becomes a larger fraction of the economic pie over time. This happens more or les
So it's not just porn stars.
Another month, another confirmation that when it comes to the US consumer, it is all about student debt (and to a lesser extent, car loans).
China will re-open the old Silk Road as a new trading route linking Germany, Russia and China
A month ago, it was alleged, that Ukraine - under cover of night - loaded its gold reserves onto a plane and shipped them off (for safekeeping) in the US, as the potential price of 'liberation'. So how ironic the first thing that Ukraine's National B
This is the first we know of a loan by the IMF, headquartered in Washington, DC, as specifying a loan in Special Drawing Rights rather than the US Dollar. It’s the start in not using the US Dollar for IMF loans, which are essentially US Govt loans.
Is Detroit destined to become a Chinese city?
The following story by David Sirota at PandoDaily is simply excellent. It zeros in on the secretive and rapidly expanding relationship between private equity firms and the public pensions that invest in them.
The "1 percent" and the "99 percent" have become household phrases in the last few years.
Bond god Jeffrey Gundlach, the CEO of DoubleLine Capital, is bearish on single-family homes.
Toward the end of 1981, nearly a year after Ronald Reagan entered the White House, Sir Nicholas Henderson, the United Kingdom’s ambassador to Washington, wrote an annual review, including his observations of the President, and sent it to the Foreign
It is time to start holding our elected public servants accountable for their actions and inactions. Toying with our futures by mortgaging them at every opportunity is not responsible leadership. Join me and call upon the city of Tempe to put forth a
Campaign for Liberty, the political action group founded by Ron Paul, led the fight to audit the Federal Reserve. Now the IRS is demanding information about its donors. But no one receives a tax deduction for donations to Campaign for Liberty and the
Colorado lawmakers on Friday passed a bill that if enacted would lead to the first marijuana financial system in the United States, potentially granting legal cannabis businesses access to the Federal Reserve's money transaction system.
In a NYT article which perhaps was meant to boost poor Americans' spirits that despite their horrible economic plight...
Marc Faber Warns "Social Media Stocks Are Just The Start, Market Crash Coming In 2nd Half"
Wall Street Criminals Threaten that Economy Will Blow Up If They’re Prosecuted
Comment from Alex Jones: This is a classic example of criminal racketeering. Holder is shutting down businesses just like the Nazis targeted the assets and later the companies of Jews in the 1930′s.
Gerald Celente, publisher and founder of the Trends Research Journal and avowed political atheist, speaks with WLW radio on April 30th.
Seattle Mayor Ed Murray on Thursday proposed a phased-in increase of the city's minimum wage to $15 an hour over the next seven years.
Mainstream financial pundits are falling over themselves today following a report from the Labor Department indicating that the national unemployment rate has fallen yet again, this time to just 6.3%.