DEBTOR NATION

VIDEOS

Wolf Richter On The Keiser Report
"Debtonomics and the NSA"

Wolf Richter on the Keiser Report
"Where Is The Fear"

Wolf Richter on Max Keiser's "On The Edge" 
"The Pauperization of America"

Wolf Richter on the Keiser Report
"Where the Money Goes to Die"

Clarke and Dawe: European Debt Crisis
Two favorite Australian Comedians

Clarke and Dawe: Quantitative Easing
Big industrial-strength printers, all facing the window

The Fastest Drive Ever Through San Francisco
Don't try to do this yourself
 

humanERROR - by "Frying Dutchman"
Powerful, lyrical appeal to the Japanese. Slams nuke industry, MSM, bureaucrats, and politicians.

Saturday
Apr052014

This Chart Is A True Picture of How QE “Solved” The Unemployment Crisis In America

A very inconvenient chart. Inconvenient for the Fed – it turns their rhetoric upside down.

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Friday
Apr042014

Christine Lagarde Is Clueless: 70 Words Of Keynesian Claptrap

By David Stockman: The world’s official economic institutions are run by people who believe in monetary fairy tales. The 70 words from IMF head Christine Lagarde are par for the course. She asserts that “low-flation” is the obstacle to economic growth in Europe.

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Friday
Apr042014

“Champion in value destruction”: Russian Businesses Suffocating Under Putin's Political Agendas

Russia doesn't need sanctions for its economy to slither into trouble. Last year, growth slowed to 1.3%, worst in four years. This year started out even shakier. The current entanglements are knocking the economy into outright recession, and fast.

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Thursday
Apr032014

Do-Nothing Congress Does Something: Gives GE A Big Tax Break

By Abigail Field: Today, Congress started the process of enacting the “GE Loophole.” If Congress did nothing, billions more would flow into the treasury, enough to cover the $10 billion tab for extending unemployment benefits.

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Thursday
Apr032014

Google Stock Split Should Have Icahn Fuming!

By Tim Parker: You’d think Google’s stock split would have activist investor Carl Icahn making a lot of noise; the power play preserves the unchallengeable control the company's leaders have over the company. But Icahn has been quiet.

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Thursday
Apr032014

Turns Out, Even The Price of Beer Is Rigged

Everything is rigged. Stock markets, forex, interest rates, gold, silver, oil.... After battling that rigged world all day, you finally get to take that first big gulp of beer to heal the wounds, knowing that it’s the one thing that hasn’t been rigged against you. Or so you'd think.

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Wednesday
Apr022014

‘Hope-for-Growth Momentum Investing’

“Why worry if the price can only go up” – Societe Generale’s Head of Quantitative Equity Research. Now even after companies cut earnings-per-share estimates, their stocks go up. Because everyone believes that everyone believes that....

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Wednesday
Apr022014

Tesla’s Sales Stall, Don’t Even Amount To A Rounding Error

March auto sales trickled out today. Beneath the wondrous hype about how they’d finally exceeded expectations, after they’d been perfectly awful for five of the prior six months, was a doozie. And the media, which normally fawns all over Tesla, covered it with a blackout.

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Tuesday
Apr012014

In Oil-State Texas, Wind Power Hits US Record 

By James Burgess: In the Lone Star state, famous for oil and gas, the wind industry hit a new record for power generation – and leads the US by far in installed capacity.

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Tuesday
Apr012014

I Just Got PayPal’s New Absolutely-No-Privacy-Ever Policy

Sunday, when no one was supposed to pay attention, PayPal sent its account holders an innocuous-sounding email with the artfully bland title, “Notice of Policy Updates.” PayPal didn’t want people to read it – lest they think the NSA is by comparison a group of choirboys.

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Monday
Mar312014

Broke Argentina Socks It To Warrant Holders, Saves $3 Billion

By Bianca Fernet: “Head in hands” photos or “plunging value” graphs that are traditionally displayed when markets fall were selected to accompany news that Argentine warrants tied to GDP crashed when the government revised 2013 GDP growth down to 3%.

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Monday
Mar312014

What a Loan Officer Would Say to the US Government

By Michael Lombardi, Profit Confidential: There are two important facts about our rising national debt that don’t get a lot of mainstream attention (and I certainly don’t hear politicians talking about them).

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Monday
Mar312014

Stocks on Speed: Leverage Spikes, As Does Risk Of Crash (Look at that Insane Chart!)

Margin debt is a crummy predictor of a crash. But it has a bone-chilling habit of peaking right around the time stocks do crash. In the last fifteen years, it spiked three times: during the final throes of the bubbles that imploded in 2000 and 2007; and now.

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Sunday
Mar302014

Peaceful Indignation Turns to Violent Rage in Rajoy’s Spain

By Don Quijones: It was the first nationally coordinated grassroots response to repressive social and economic policies and widespread corruption of Spain’s ruling political caste. But it descended into violence – as the government is playing a dangerous game.

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Saturday
Mar292014

Dollar Hegemony Under Attack By Export-Superpowers Germany and China

The word dollar didn’t even come up when the Bundesbank signed the agreement with the People’s Bank of China. President Xi Jinping and Chancellor Angela Merkel looked on. It was serious business. Everyone knew what this was about. No one had to say it.

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Friday
Mar282014

China’s Monumental Ponzi: Here’s How It Unravels 

By David Stockman: China, the greatest construction boom and credit bubble in history, has gone mad building, borrowing, speculating, scheming, cheating, and stealing. The source of this outbreak is monetary madness with a red accent.

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Friday
Mar282014

A US-Saudi Move to Lower Oil Prices To Punish Russia?

By Nick Cunningham: That the US could unleash a flood of oil from the Strategic Petroleum Reserve to drive down prices has been pushed for weeks, most recently by George Soros, but has been dismissed as not a serious option. Then Obama went to Saudi Arabia.

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Friday
Mar282014

Boss, We Got a Situation in Natural Gas

This winter, polar vortices sent the price of natural gas into dizzying spikes and plunges, head fakes, and whiplash-inducing turnarounds. But now winter is petering out, and we’re left with a peculiar situation.

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Thursday
Mar272014

Paul “Contrafactual” Krugman: The Laureate of Keynesian Babble

By David Stockman: The Fed prints $4 trillion and the national debt jumps $9 trillion in six years. We’re now in month 57 of the expansion, beyond the average 53 months – already on borrowed time. Now comes Professor Krugman proposing to “do something.”

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Thursday
Mar272014

German Industry Goes To See Uncle Putin

The intricate and convoluted connections between Germany and Russia exude a peculiar aroma.

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