When Europe Gets Greece’s Jingle Mail: Dealing with Default
Charles Hugh Smith | The costs and consequences of Greece exiting the Eurozone may well dwarf the financial losses triggered by Greece’s default.
Tag: Money Watch
How Big Government Kills The American Dream
U.S. Rep. Jaime Herrera Beutler | They say the American dream is nearly dead because the game is rigged.
Study: One in four Americans who purchased insurance still can’t afford medical care
Rick Moran | Just because you have health insurance doesn’t mean you can afford medical care, as this Families USA study concluded.
Public Pressure Forces IRS To Give Back Money To Civil Forfeiture Victim [VIDEO]
Daily Caller | After publicly humiliating the Internal Revenue Service, a North Carolina man received more than $100,000 from the agency.
A super-prominent Barclays FX trader just resigned and no one knows why
Business Insider | Tim Cartledge, one of Barclays’ most prominent foreign currency exchange executives, just resigned, sources tell Business Insider.
Chief Economist for One of the World’s Largest Banks: “The World Economy Is Like An Ocean Liner Without Lifeboats”
Washington’s Blog | “If Another Recession Hits, It Could Be A Truly Titanic Struggle For Policymakers”.
No wallet, no worries: Denmark considering cash-free shops
London Guardian | Politicians to vote on proposal to let retailers accept only card or smartphone payments from 2016.
London Housing Bubble Watch: $630/Month For A Bed “In” A Shared Kitchen!
Zero Hedge | You know it’s a bubble when…
What Peter Schiff Said To Ben Bernanke
Zero Hedge | Last week, a photo of the oddest couple in finance, Peter Schiff and Ben Bernanke together “celebrating the economic recovery”, promptly went viral.
HSBC WARNS: The world economy faces a ‘titanic problem’
Business Insider | HSBC chief economist Stephen King is already thinking about the next recession.
Cost of healthy living soars in developing world – while junk food gets cheaper
London Telegraph | Prices of fruit and vegetables in the developing world are soaring while junk food costs decrease, leading to concern about the health of hundreds of millions of people.
Regulation and Red Tape Cost Us $1.88 Trillion per Year
Daily Sheeple | American’s frequently complain about the amount of income taxes they have to pay every year, and understandably so.
REPORT: The IMF won’t join in a third bailout for Greece
Business Insider | The International Monetary Fund (IMF) is backing away from a potential third Greek bailout package, according to Spanish newspaper El Mundo.
Larger Than Ever, Big Banks Poised to Fail Again: “The Damage Will Not Be Contained”
Mac Slavo | The banksters, who nearly tanked the global market in their collective effort to loot the peoples of the world, are operating out of “larger than ever” big banks.
Greece is not making ‘progress’ — it’s hurtling toward a default
Business Insider | The word “progress” is going to crop up in a lot of headlines about Greece today.