China is not a sideshow; it’s the radioactive core of the entire global bubble.
With each passing session, the casino is getting more dangerous.
Never before has an agency of a state anywhere in the world pleasured speculators with such stupendous windfalls.
Amazon reports loss, stock jumps15%, market cap jumps $25 billion. Party on.
Central banks have succeeded in generating a planet-wide mania.
Kraft shareholders, $12 billion richer, should send a case of Cristal to Janet Yellen.
At some point, realty protrudes.
What the Actavis ‘quasi-junk’ bond deal said about the power of financial engineering.
The public desperately needs protection from the depredations of an unelected monetary politburo that runs the entire financial system.
The “Syriza Shock” – beginning of the end of unimpeded rule by elitist apparatchiks who dominate central banks and the economic policy machinery.