
JAPAN BUMPS CHINA AS TOP HOLDER OF US TREASURY DEBT
• BY MARTIN CRUTSINGERJapan overtook China in February as the top foreign holder of U.S. Treasury securities, a position Japan last held in August 2008.
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Japan overtook China in February as the top foreign holder of U.S. Treasury securities, a position Japan last held in August 2008.
Despite rising stock prices and a falling unemployment rate, the United States is on the brink of a catastrophic "financial crisis," according to former U.S. presidential candidate Ron Paul. And the culprit could be the dollar.
The very same people that caused the last economic crisis have created a 278 TRILLION dollar derivatives time bomb that could go off at any moment.
Beginning 3 years ago, I identified poor wage growth as the shortfall in the economy that worries me the most. And it still worries me, even though there has been some modest improvement.
This will make every American feel much better about handing over that check today... as Simon Black notes today "I believe we have an obligation to starve the beast..."
No doubt smarting from criticism about its lack of success in picking winners in alternative energy vehicles, the Department of Energy has given initial approval for a $269 million loan to a proven winner – Alcoa's high-strength aluminum to make
No doubt smarting from criticism about its lack of success in picking winners in alternative energy vehicles, the Department of Energy has given initial approval for a $269 million loan to a proven winner – Alcoa's high-strength aluminum to make
The International Monetary Fund, citing the consequences of a strong dollar, is downgrading its outlook for the U.S. economy but raising its forecast for Europe and Japan.
Worst Case Scenario: Total Chaos… Followed By An International Intervention To "Save Us" From Ourselves
Whether you believe in climate change or not, there's no denying the figures taking your money out of oil, coal and gas makes good financial sense.
Thousands of fast-food workers are protesting on Wednesday in the fight for higher wages. But franchisees are dealing with their own problems
Former Fed Governor Thomas Hoenig Says US Banks Undercapitalized; Unsafe, and Unsound Banks
Former Fed Governor Thomas Hoenig Says US Banks Undercapitalized; Unsafe, and Unsound Banks
Last week, Alexander Giryavets of Dynamika Capital L.L.C. pinged me with an article he had written on Recessionary Level in Credit Conditions.
Of all the competing regulation issues for car service app Uber, airport-related rules may be some of the most complex and inconsistent.
As someone who's gotten two mothers to use Bitcoin, I thought I'd offer up a few tips on what seems to entice the maternal amongst us.
In response to Readers Question Free Trade; Does Nonreciprocal Free Trade Cost Jobs? Paul Krugman "Was" Right!, reader Ken is wondering about legacy capital and the destruction of capital.
"Always, always, always the Sun." – The Stranglers (1986)
By now, the QE narrative is abundantly clear and it's no longer just the "permabears," conspiracy theorists, and "fringe" bloggers who understand it.
GE's announcement that its getting out of the finance business should be a reminder of how crony capitalism is corrupting and debilitating the American economy.
By now, the QE narrative is abundantly clear and it's no longer just the "permabears," conspiracy theorists, and "fringe" bloggers who understand it.
They were jawing again this morning about the low "natural rate" of interest on bubble vision, implying that the workers of the world have succumbed to an atavistic fit of wild-eyed thrift.
Tesla is building a massive gigafactory in northern Nevada.
(Publisher: A Gift from a Reader)
Editor's Note: We know things are getting bad. But how bad can they get? According to the information shared by Michael Snyder of the Economic Collapse Blog in the article below, families across America are being systematically destroyed....
If you thought you had market impact problems, then you have never tried to sell $273 billion of loans.
The systematic destruction of the American way of life is happening all around us, and yet most people have no idea what is happening.
"There will be another crisis, and its impact will be felt by the financial markets," he wrote
Earth shaking words from a giant on Wall Street.
In the first three installments of this series, we examined the realities behind supply and demand, unemployment and personal debt, and national debt.