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.

Tuesday
Sep242013

Where to Find Yield Without Dividend Stocks, Bonds, or CDs

By Dennis Miller: I am concerned about the number of baby boomers and seniors who are financially unprepared for retirement. It's not like the downsides of aging are a secret. As we get older, our bodies wear out, and we slow down. Unless we plan to work until the grim reaper shows up at the door, we need to save and invest quite a bit of money.

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Tuesday
Sep242013

Did Bernanke Study The First Bank of the United States?

Dr. Bryan Taylor, Chief Economist, Global Financial Data: The First Bank of the United States was chartered by Congress on February 25, 1791. It was part of Alexander Hamilton’s plan for stabilizing and improving the nation’s credit by establishing a central bank, a mint, and introducing excise taxes. This is what happened to it – and its successors.

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Monday
Sep232013

Whose Capital Will Get Destroyed? Wall Street Tries To Cash Out Of Newfangled “Asset Class”

Oaktree Capital and Carrington Mortgage are trying to dump a portfolio of 500 single-family homes they’d bought out of foreclosure. They’re trying to get the heck out of the once hot buy-to-rent trade. Blackstone, which gobbled up 32,000 of these homes, is trying to get its money out. They all are. That trade is turning sour. Trouble in the housing market!

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Monday
Sep232013

If the Economy Is Improving, Why Is This Happening?

By Michael Lombardi, Profit Confidential: Money printing in the US is masking a weak economy, so weak that the Fed couldn’t even pull off a minor tapering of QE last week! With lousy corporate revenues and earnings, the stock market is now completely dependent on QE. But when the Fed finally pulls back on QE, it won’t be a pretty sight.

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Monday
Sep232013

iPhone 5nSa

"Introducing the new iPhone 5nSa, the best surveillance device to date. Aiming to put your freedom... in the cross hairs." Hilarious, but also very serious video.

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Sunday
Sep222013

Mostly Cloudy With Occasional Drones In The Afternoon

Marseille has a problem: “account settlements” – a guy machine-gunned at close range for a drug deal gone awry. So the city is getting drones to keep an eye on hot neighborhoods. It’s not the only city. One more element in how privacy is traded in for corporate profits, governmental controls, spookily personalized ads, and harebrained hype about security.

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Saturday
Sep212013

Fear, Loathing, and Collective Amnesia in Crisis-Ridden Spain

By Don Quijones: If Spain and Catalonia were playing real, rather than figurative, Russian Roulette, the revolver would be loaded with two or three bullets. Now an extra one was slipped into a chamber: prize-winning economist Juan Valerde announced that Madrid may have to “bomb Barcelona” in order to put a halt to the region’s rising separatist aspirations.

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Saturday
Sep212013

Debt: Still Cheap, and Getting Looser

By Doug French, President of the Mises Institute: Borrowing is all the rage again. Five years after the financial crash, Wall Street hasn't been reformed. Bernanke's medicine is working: not job growth, but asset price growth. With apologies to James Carville, drag cheap money through a trailer park and you never know who might borrow.

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Friday
Sep202013

“When Will China Be More Expensive Than The US?”

By Charles Kennedy, Oilprice.com: With wages increasing and strikes engulfing the country, the cheap labor force that fueled China’s economic boom by underselling competitors is coming to an end. The game is to move factories into the interior. But costs of land, water, energy, and shipping are also rising. So, offshoring to cheaper countries. But....

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Friday
Sep202013

Was The Fed Scared Of This Graph?

When the Fed shied away from tapering its $85 billion a month in asset purchases, while simultaneously downgrading the economy for the third time this year, it gave the impression of being mired in fear. It has many reasons to be afraid. But one in particular.

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Thursday
Sep192013

Trade Is Supposed To Save Japan, According To The Gospel Of Abenomics, But In Reality...

Trade is one of the aspects that Abenomics designated as critical. So the Bank of Japan has embarked on a radical money-printing program to devalue the yen and make exports more competitive. It would also render imports so expensive that buyers would cut back. The resulting trade surplus would save Japan. In theory. In reality, the opposite is happening.

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Thursday
Sep192013

Tortoises Win the Retirement Race

By Dennis Miller: The race to the finish line – the time between an empty nest and retirement – is tightening. Most older baby boomers had children in their 20s and empty nests by age 50. They used that time to accumulate money to retire. But a major generational shift has taken place, and it's having a huge impact on how we save and plan.

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Thursday
Sep192013

Colorado’s Fracking Industry At Threat From The Floods?

By James Burgess of Oilprice.com: Colorado, one of the most densely fracked areas in the US, is experiencing some of the worst flooding it has ever seen, and people are beginning to worry about the stability of those fracking sites and wells, many of which have been completely covered by the floodwater and are leaking (with video of leaking wells). 

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Wednesday
Sep182013

Just Replace The Whole Kit And Caboodle With Asset Bubbles

Fed digs in its heels, refuses to taper, though it could still start later this year, soon-to-be-ex Chairman Bernanke said. It would continue doing exactly what hasn’t worked for five years, in the hope that even more of the same might finally do the trick, rather than admitting, tail between its legs, that all QE has done is create asset bubbles.

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Wednesday
Sep182013

Guess Which Constitutional Amendment Apple May Have Just Rendered Moot?

By Jim Probasco, Benzinga: If you guessed “Fifth,” you’d be correct. Here’s how Apple may have weakened the protection against self-incrimination guaranteed by the Fifth Amendment: its brand new iPhone 5S with fingerprint sensor.

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Tuesday
Sep172013

The Other Reason Why IBM Throws A Billion At Linux (With NSA- Designed Backdoor)

IBM announced today that it would throw another billion at Linux, the open-source operating system, to run its Power System servers. It may be making hay of the revelations that the NSA has roped in American tech companies to perfect a seamless spy network. Linux, being free of NSA influence, would be a huge competitive advantage for IBM. Or so it would seem.

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Tuesday
Sep172013

How the Arab Spring Shakes Up The Oil Markets

By Farah Halime, Justin Dargin: The oil producing country of note with major disruptions due to the Arab Spring was Libya. But it produces a relatively minor amount of the global supply. Syria, Egypt, Yemen, and other countries with their own “Arab Springs” are not major producers. So why the fear premium in the price of oil?

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Tuesday
Sep172013

Getting Shocked by Utility Stocks

By Dennis Miller: Utility stocks are traditionally thought of as safe investments, no matter what happens at Wall Street. But this isn't the case anymore – an analysis shows that these investments once considered so safe they were called "Widow Stocks" would often hurt a retirement portfolio more than they’d help it.

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Monday
Sep162013

Revenge of the Japanese Zombie Banks

Japanese banks, which should know a thing or two about banking crises, have once again clawed their way to the top of the heap of overseas lenders. And with their knack for impeccable timing, they’ve once again become the largest force in emerging market economies – just as financial turmoil there is coming to a boil.

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Monday
Sep162013

Did iPhone 5C Pre-Orders Flop At Apple.com?

By Louis Bedigian, Senior Tech Analyst, Benzinga: On Friday, Apple began taking pre-orders for its lower-cost iPhone 5C, which comes in five colors but is essentially the same as the old iPhone 5. Last year, Apple announced within a couple of hours that iPhone 5 pre-orders were gone in 60 minutes. This year, Apple has been suspiciously quiet.

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