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Economic and and financial news and analysis

The Scariest Facts about America’s Retirement Crisis – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. Americans’ dreams of the “golden years” have increasingly become tarnished by harsh financial realities. Indeed, a new survey of U.S. employees and retirees presents a disturbing portrait of the retirement crisis – among both current workers and retirees.…

Yglesias Cheers a Double Betrayal of Cyprus – William K. Black

This is a syndicated repost courtesy of New Economic Perspectives. To view original, click here. Reposted with permission. By William K. Black Slate’s Matthew Yglesias writes columns about economics and finance.  Yglesias has been writing about Cyprus, and my critiques of the policies he has been proposing are the subject of this column.  The short…

An Alternate Bearish Potential for the Intermediate Term – Pretzel Logic

I’m going to keep the body of this article a bit brief and let the charts do most of the talking.  Let’s start off with a long-term chart, because I finally feel the time is right to call attention to this particular potential.  I spend a great deal of time charting behind-the-scenes, and most of my charts…

The Cyprus Bailout Exposes a World of Thieves, Cheats, and Liars – Shah Gilani

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. Let’s talk about the Cyprus bailout, the International Monetary Fund, and the European Central Bank. Let’s call what the IMF and ECB are doing what it really is. After all, it is the ultimate institutional goal. It’s thieving.…