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.

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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Wednesday
Mar262014

The Off-The-Shelf Surveillance State, even in Impoverished Ethiopia

By Eva Galperin and Danny O'Brien, Electronic Frontier Foundation: Sophisticated surveillance seems unlikely for one of the poorest countries. But now you can be spied on not only by the NSA but by any government with a few hundred-thousand bucks to spare.

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Wednesday
Mar262014

What the Spike in the Gold-to-Copper Ratio Tells Us

By Michael Lombardi, Profit Confidential: Copper is an industrial metal; when the price falls, it can be an indicator of a global economic slowdown. But gold is used as a hedge against global uncertainty. And the gold-to-copper ratio is now sending a strong signal.

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Wednesday
Mar262014

The Risk of Stock-Market Vertigo

What can possibly go wrong with stocks these days? Five years of the Fed’s QE and zero-interest-rate policy, and look what happened: risks no longer exist. They’ve been priced out of the equation. But now the illusion is ending.

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Tuesday
Mar252014

Leak at Nuclear Waste Site in NM “No Threat” to Human Health

By John Daly, Oilprice.com: On 14 February, the Waste Isolation Pilot Plant near Carlsbad, NM, admitted belatedly that a radiation leak exposed 17 workers to radiation. They’d inhaled plutonium and americium particles. That’s when the complications started.

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Tuesday
Mar252014

Total Abenomics Fail Slams Japan Where It Hurts Most

Japanese corporations no longer even try to invest in Japan, but they’re falling all over each other grabbing the Bank of Japan’s freshly printed dough to invest it overseas.

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Monday
Mar242014

Russian Economy Is Getting Hit, So Are Foreign Investors

Stocks down, bonds down, ruble down, interest rates up: the pinpricks of the sanction spiral are painful – for foreign investors.

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