Testosterone Pit

Argentine Inflation: It’s Tough When All You Get Is Lies

2013-05-22T01:05:48Z

The issue of inflation is complex everywhere. Official rates are disputed. People can’t reconcile them with what they see at the store. There are different formulas, resulting in different rates, and everyone picks and chooses what suits their needs. But nowhere is the issue as “complex,” infested with lies, and shrouded in obscurity as in Argentina. But 34.9%?

Outside the Box: Can Two Senators End “Too Big to Fail?”

2013-05-21T20:21:24Z

Contributed by John Mauldin and Barry Ritholtz: Last month, Senators Sherrod Brown, an Ohio Democrat, and David Vitter, a Louisiana Republican, introduced a resolution calling for the end of the implicit subsidies that TBTF banks enjoy and that put taxpayers at risk. The Senate voted 99-0 in support. Now they're turning their ideas into actual legislation.

Germany Fires Live Ammo In Sino-European Trade War ... At Brussels

2013-05-21T01:58:54Z

The solar-panel industry, once fattened by taxpayer subsidies and false hopes, has been in a death spiral around the world. In the US, a slew of photovoltaic standouts like Solyndra went under, taking billions of subsidies and investor capital with them. In Germany, it has been just as brutal. Even large companies are licking their wounds.

Diplomatic Immunity For Your Assets In Interesting Times!

2013-05-20T02:30:07Z

Since I write so much about financial fiascos, debacles, nightmares, and entanglements, I’ve been asked by my readers about ways to protect assets in this environment. I had to disappoint them: I don’t give financial advice. Even if I did, I wouldn’t have all the answers. But I just finished reading an excellent book on precisely that topic, so I decided to review it.

The Quiet Triumph Of Oil And Gas In Obama’s Policies

2013-05-18T20:36:48Z

It was announced Friday afternoon, when no one was supposed to pay attention: after years of controversy, heated rhetoric, intense lobbying, and stiff opposition from some unlikely bedfellows, the Obama Administration decided in favor of the US oil and gas industry. With major geopolitical impact.

Timothy Geithner Is Key To IRS Scandal

2013-05-17T20:23:08Z

Contributed by Chriss Street: The plot thickens...

'ECB's Desperation Is Taking On Epic Dimensions'

2013-05-17T01:04:52Z

In my interview with Voice of Russia, I talk about the ECB's fears for its own existence. I use Spain, which is stuck in an existential crisis, as an example of the greatest “achievement” of central banks: the separation of economic reality from stock markets. And I get a chance to lambaste the French finance minister who is once again barking up the wrong tree.

Newspapers’ War of Words Rekindles Nationalist Tensions in Europe

2013-05-16T21:39:34Z

Contributed by Don Quijones: The eternal economic malaise affecting many European countries is sparking a resurgence of the long-dormant forces of nationalism. In the most perverse of ironies, the closer the old continent gets to fulfilling the Eurocrats’ vaunted dream of political union, the more divided and unruly its constituent parts become.

Germany 'Second Economic Miracle' And Other Psychedelic Feats

2013-05-16T02:25:01Z

At first blush, the German economy appears to be ailing – at first blush because the stock market, in its omniscient manner, is predicting wondrous developments as it hop-scotches from one all-time high to the next. This relentless optimism has morphed into a breeding ground for projections into outright magnificence. But inconvenient data is getting in the way.

Putin’s Power Play – How It Will Change the Uranium Sector

2013-05-15T18:03:23Z

Contributed by Casey Research: The last time Vladimir Putin was president, he laid the foundation to pull Mother Russia from the wreck of economic chaos to a world power once again. This time, he's ready to extend that influence to counter the West. His tools: Russia's abundant resources of energy, including uranium.