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A friend of mine was very crossed with himself following an interview he just attended. After doing so well answering questions ranging from his view of the industry, ability to use his experience to provide value for his prospective value and even demonstrating resounding understanding of the position and job task he had applied for, […]

by David Haggith from The Great Recession Blog   As predicted relentlessly here, the scuttled meeting in Doha to limit oil production broke up with no agreement at all. The meeting foundered like a tanker snagged in the dessert sands because of the singular obvious factor that should have sunken all hope weeks ago but did not: Saudi Arabia said, “No deal without Iran.”   Doha […]Read More

According to The BBC, the most asylum claims in 2015 occurred in Germany, which saw >500,000… With the main route (reportedly shut down) being from Turkey to Greece, and up through the Balkans… With Syrians making up the bulk of migrants trying to enter Europe. But now, in response to Balkan countries closing down traditional […]

Just 3 short months ago, we detailed how – thanks to the collapse in China’s growth and massive commodity inventory gluts, the cost of renting a Dry Bulk Tanker was less than the cost of renting a ferrari for a day… As Bloomberg reported at the time, Rates for Capesize-class ships plummeted 92 percent since […]

Submitted by Yonathan Amselem via The Mises Institute, The greatest tragedy of the 2008–2009 financial meltdown was not that it happened. The collapse of asset prices was the necessary result of near zero interest rates. No, the most devastating aspect of the financial meltdown is that central planning alchemy lost no credibility. Policymakers around the […]

One month ago we showed something curious: literally, the very hour the market was hitting its February lows, Janet Yellen was on the phone with Bank of England governor (and former Goldman Sachs employee) Marc Carney, followed the very next day by a conversation with ECB president (and former Goldman Sachs employee) Mario Draghi. One […]

Via PandaHedge.com, We just see another bubble building up in China, aka the domestic commodity market.  On April 21st, led by bellwether Rebar Steel futures, other 7 commodities were lifted to the up limit (5% to 7%), including iron ore, HRC steel, met coal, asphalt, methanol, cotton, and egg (yes, it’s egg! No one has […]

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Authored by Pepe Escobar, Op-Ed via RT.com, The gloomy and repulsive night when the female president of the 7th largest economy in the world was the prey of choice fed to a lynch mob of hyenas in a drab, provincial Circus Maximus will forever live in infamy. By 367 votes for and 137 against, the […]

One way to deal with bouts of projectile dysfunction is either to launch even more ballistic missiles, or just to call in a thousand of your country’s top cooks and have them make comfort food for you. According to the Post, North Korean leader Kim Jong Un broadcast a “master chef” style competition to find […]

Submitted by Mac Slavo via SHTFPlan.com, It seems the end really is nigh for the U.S. dollar. And the mudfight for global dominance and currency war couldn’t be more ugly or dramatic. The Saudis are now openly threatening to take down the U.S. economy in the ongoing fallout over collapsing oil prices and tense geopolitical […]Read More

The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.