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.

Entries in Contributor (418)

Friday
Apr182014

New Prime Minister of France: It All Hangs Together Or We’ll Hang Together (Warning: Biting Sarcasm)

By Hilary Barnes: Manuel Valls, the new Prime Minister of France, who has discreetly hinted that he hopes one day to be regarded alongside General de Gaulle as "the man who saved France" from itself, has found a new and fascinating definition of "austerity."

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Thursday
Apr172014

‘People Don't Grasp Yet What European Unification Will Cost Them’

By Cassandra: In the South of the Eurozone, people feel crushed, their future sacrificed on the altar of the Holy Euro. I’m in the Netherlands, so north of the Great Divide. We’re not suffering as much as the people in Greece, Spain, and Portugal. Not yet.

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Thursday
Apr172014

The Japanese Government Bond Market Freezes Up

By David Stockman: Now it has happened. For nearly two days there was not a single cash bid for the 10-year JGB in what is a $10 trillion market. At least for the moment, liquidity has dried-up completely. This is the canary in the Abenomics shaft.

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Wednesday
Apr162014

Tax Dodging Corporations Cost You $1,259 Per Year

By Abigail Field, Attorney, Benzinga: Every year that multinational corporations and wealthy individuals lower their U.S. tax bills by stashing profits in off-shore tax havens, you pay more to cover their tab. The same is true for small businesses.

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Tuesday
Apr152014

“Uncreative” Destruction: The Troika’s Hostile Takeover of Europe

By Don Quijones: The story is now playing out across Europe’s bailed-out nations. The losers are by and large the poor and middle classes, while the beneficiaries are the same as always: the world’s largest multinational corporations and banks.

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Tuesday
Apr152014

About That “Surge” In March Retail Sales

By David Stockman: We're entering the fifth season of head-fakes about “escape velocity” acceleration in as many years.

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Friday
Apr112014

China’s Fractures Widens: Property Trust Sales Crash By 49%

By David Stockman: China’s credit bubble fed the largest construction boom in history, and property prices rocketed higher so persistently that people believe luxury condos they never intend to live in are the best savings account. Now the credit pyramids under it are faltering.

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Friday
Apr112014

Russia Loses Leverage with China on 'Holy-Grail' Gas Deal

By Nick Cunningham: Russia’s primary energy customer is Europe, which is now planning sanctions. That has accelerated the natural gas deal Russia is trying to hammer out with China. But they’ve been negotiating for years, the biggest sticking point being price!

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Tuesday
Apr082014

DOJ Extracts $5 Billion from Anadarko “for 85 years of poisoning the earth”

By John Daly: It “tried to keep its rewards and shed its responsibilities by playing a corporate shell game, putting its oil-and-gas business in a new entity and leaving behind a bankrupt shell” with environmental liabilities of defunct, polluting businesses.

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Tuesday
Apr082014

The Top’s In! La Quinta And Ditech Are Back 

By David Stockman: IPOs have the busiest week since 2007. Look who is headlining: Ally Financial – disaster of auto and sub-prime housing loans known as Ditech and GMAC – and hotel chain La Quinta. To be shuffled off to the public at nosebleed multiples.

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Monday
Apr072014

Tiny Maine Against Tax-Dodging Multinationals

By Abigail Field: While Congress cowers before lobbyists hired by multinationals and re-enacts loopholes that let corporations like GE and Apple hide their income from the IRS, the Legislature of the tiny State of Maine decided it had had enough.

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Sunday
Apr062014

Another Day, Another Political Scandal In Spain’s ‘Mafia State’

By Don Quijones: Political corruption has already become synonymous with political leadership in Spain. But now there’s a spectacle of political hubris and impunity so farcical and obscene that it leaves no doubt in one’s mind: Spain is run by a mafia state!

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Saturday
Apr052014

Inflation Watch: Global Food Disruptions, Commodity Prices Soar

By Benjamin Shepherd: Global Inflation is relatively tame, but beneath the surface, food commodity indices are soaring. With implications in a globalized, interlinked world.

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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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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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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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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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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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