Excerpt from The Secret Goldman Sachs Tapes – Bloomberg View. By Michael Lewis Probably most people would agree that the people paid by the U.S.…
The incestuous embrace of privilege and power by entrenched, socially isolated Elites characterizes failed states and brittle, doomed regimes throughout history.
Early openers doing the plunge after the overnight action: Kiwis-0.5%, Aussies -1.2%, Nikkei -1.1% and Sth Korea -0.6%.
Steep losses for Aussie sectors: IT -1.8%, Miners -1.7%, Materials -1.6%, Consumer Discretionary -1.4% with Gold +2% the only up sec…
I have written a series of columns describing the New York Times’ horrific coverage of austerity and the Great Recessions and Great Depressions that it has gratuitously inflicted on the people of the eurozone.
The biggest scams threatening your money are on the rise – and they’re getting more sophisticated.
The absolute best way to avoid risk to your wallet is simply to be informed – by quickly picking up on the warning signs your money is under attack, you can take immediate action.
The post The 3 Biggest Scams Threatening Your Money Right Now appeared first on Money Morning – Only the News You Can Profit From.
Several pundits attributed yesterday’s spike in oil prices to the recognition that the fight against ISIS in Iraq-Syria will be a long one. As usual, the 30-second TV wonders missed the boat.
I can’t stop thinking about this interview with Bill Fleckenstein on CNBC the other day because it’s just the perfect example of the current stock market zeitgeist. Fleck was brought on to talk about the new short fund he’s setting up for the first time since closing his last fund in 2009. As a longtime […]
Corporate corruption is so rampant it’s laughable, and this Dilbert cartoon sums it up nicely.
It appears that the move by Warren Buffett-backed Burger King Worldwide Inc. to buy iconic Canadian fast food chain Tim Hortons Inc. (USA) and relocate to Canada to lower its corporate tax rate was the straw that broke the camel’s back when it comes to tax inversion deals.
This chart shows how truly screwed-up the housing market is.