We’ve been saying for years that not only is politics/government inherently evil… but it is also a complete and total joke. Perhaps after decades and decades of electing the “lesser of two evils” people are finally starting to wake up…
Few question the importance of private credit in the global economy. When households and businesses are borrowing to expand production and buy homes, vehicles, etc., the economy expands smartly. When private credit shrinks–that is, as businesses and households stop borrowing…
In this MUST WATCH interview, Bo Polny explains why gold and silver are set to SKYROCKET, and warns that a HISTORIC financial collapse is a certainty in 2016: From Bo Polny:
The following revelation is the last thing Hillary Clinton’s team wanted to emerge at a time when her campaign is in the midst of a complete and total meltdown. “It was pretty glowing about us,” one person who watched the…
According to a new federal report, US will owe $30 trillion in national debt within a decade if the country’s budget deficit continues to grow at the same rate and current tax laws remain in place. There is no sign…
We discuss the efficacy of capitalism as profits remain high and with no competition on the horizon to put a dent in those high profit margins. We also discuss hedge funds and bankers unhappy with the “new Spain” where justice…
Chris Martenson explains why the developing economic crisis is going to be worse than any we’ve experienced before. Why? An unprecedented 1-2 punch from an over-leveraged banking system system collapsing upon itself, concurrent with the world’s net-energy-per-capita ratio grinding downwards,…
When I write about the demise of unsustainable systems, readers often ask me to describe the collapse I see as inevitable. This is a tough assignment, as there are as many kinds of collapse as there are systems: fragile ones…
On September 28, 2015, we wrote, “Will Deutsche Bank Be This Cycle’s Lehman Bros?” At the time, Deutsche Bank was trading at $26. Five months later and Deutsche Bank has since announced a $6.6 billion loss for 2015 and has…
Stacy takes photo of a Max Keiser statue she encountered on beach in Marbella.
A photo posted by @keiser_report on Feb 9, 2016 at 7:53am PST
With Deutsche Bank forced to issue a statement defending its liquidity today after its stock crashed 10% to financial crisis lows, implying that a $70 Trillion derivatives book may be on the verge of collapse, we thought it apropos to…
One way to lose a war is to focus on preparing to fight the last war. Preparing to fight the last war is a characteristic of losing generals, militaries and nations. The same is true of finance and economies. General…
Despite being the most expensive weapons project in history, the highly advanced F-35, JSF, American fighter jet is less capable than some of Russia’s warplanes… The F-35 is the highest costing weapon in history, with an estimated overall cost of…
An epic phase of the ongoing gold and silver bull market is awakening right before our eyes. While the cartel can manage price appreciation from time to time, they can’t do much to kill this new bull phase. It’s too late. …