How Long Can Central Banks Push Bonds to Absurdity? by Wolf Richter • Feb 4, 2015 • 14 Comments Throw enough money at anything, and you’ll kill it.
Immensely Concentrated Positions in “Fantastically” Overpriced Markets with “Unlimited Tolerance for Risk” by Wolf Richter • Feb 3, 2015 • 8 Comments What could go wrong? Hedge-Fund guru Paul Singer explains why they’re all doing it: a “wish not to be run over.”
Greece’s Hard Choice: Escape or Merely Reset EU Servitude by David Stockman • Jan 26, 2015 • 13 Comments The “Syriza Shock” – beginning of the end of unimpeded rule by elitist apparatchiks who dominate central banks and the economic policy machinery.
How Capitalism Dies by Bill Bonner • Jan 26, 2015 • 15 Comments How is it possible for the average American to get poorer at a time that should have been the most productive and prosperous ever?
Germany: ‘Got Gold?’ – Draghi: ‘Try Some Bananas’ by Wolf Richter • Jan 23, 2015 • 1 Comment Germany had a self-inflicted bad-hair day, you’d think. With a hilarious cartoon.
Mario Draghi: Charlatan Of The Apparatchiks by David Stockman • Jan 22, 2015 • 3 Comments The ECB’s QE is fraudulent credit – really dangerous, toxic stuff.
Look Who’s Dragging Down the Global Economy Though No One Is Allowed to Say it by Wolf Richter • Jan 20, 2015 • 12 Comments “Social cohesion is at risk.”
Without QE, “Eurozone Financial Markets Would Collapse” by Wolf Richter • Jan 15, 2015 • 10 Comments French Megabank: the ECB is “a prisoner of financial markets’ expectations.”
Avoid This “Hideously Expensive” Market by Bill Bonner • Dec 10, 2014 • Comments Off on Avoid This “Hideously Expensive” Market Driven by central bankers who are “wiser than God.” But it might get even more hideous before this story ends.
Treasury Warns Congress (and Investors): This Financial Creature Could Sink the System by Wolf Richter • Dec 8, 2014 • 13 Comments Among those who’ll get to eat the losses: unsuspecting retail investors.