Michael Snyder | Economics Collapse Blog
Italian voters have embraced the global trend of rejecting the established world order, but the “no” vote on Sunday has plunged global financial markets into a state of utter chaos. The euro has already fallen to a 20 month low, Italian government bonds are...
It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory. Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any resemblance to what is going on in the...
Marilyn MacGruder Barnewall on the Problems of Central Bank 'Debt Capitalism' and the Promise of US-Style State Banking The Daily Bell is pleased to present this interview with Marilyn MacGruder BarnewallIntroduction: Marilyn MacGruder Barnewall served as president of The MacGruder Agency, Inc., a bank financial consulting firm, from 1979...
Central banking has truly taken over the entire planet. At this point, the only major nation on the globe that does not have a central bank is North Korea. Yes, there are some small island countries such as the Federated States of Micronesia that do not have a central bank, but...
This is Part 1 of a new series taking a walk through some sections of Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State (2014 Edition).Federal spending gets the lion’s share of policymakers’ attention, and of course that’s no surprise.In February 2014, the Congressional Budget Office (CBO)...
It's an iron law of nature as certain as the one about an angel getting its wings every time a bell rings or a snowstorm blanketing the area every time Al Gore comes to town to remind the carbon puffing infidels about Global Warming; every time Obama gives a...
Did you know that a major event just happened in the financial markets that we have not seen since the financial crisis of 2008? If you rely on the mainstream media for your news, you probably didn't even hear about it. Just prior to the last stock market crash,...