“High-Skilled Hillbillies” Become Computer Programmers As Coal Dies Slow Death
In our classic post “This Is Canada’s Depression: Surging Crime, Soaring Suicides, Overwhelmed Food Banks ‘And The Worst Is Yet To Come,” we brought you a few first-hand accounts of…
Flint Officials Could Have Prevented Lead Crisis for $80 A Day, Broke Federal Law Instead
Submitted by Claire Bernish via TheAntiMedia.org, “It’s outrageous that this sort of government-made catastrophe would happen anywhere in the United States,” Representative Justin Amash said Wednesday as he opened his…
“A Key Technical Indicator Just Rang The Bell On The Cyclical Bull Market”
While the primary topic of Albert Edwards’ most recent note is the question how long China can sustain its FX intervention before tapping out and letting the hedge funds win…
These Are The Banks The Market Is Most Concerned About
While there are numerous financial institutions in the world that are full of hidden NPLs and over-leveraged, trading at extreme levels of risk, the FSA’s “Too-Interconnected-To-Fail” list of systemically critical…
The Swiss National Bank Doubled Its Holdings Of AAPL Stock In 2015
In the spring of 2015 we showed something unexpected: one of the biggest buyers, and holders, of AAPL stock was none other than the already quite troubled – in the…
Gold Surges Back Into The Green After $1.2 Billion Morning Plunge
After someone decided to dump $1.2 billion notional in gold futures this morning as the jobs data hit – sparking a $20 tumble in the precious metal – it appears…
Video Shows Tens Of Thousands Massing At Turkey Border As Russia, Iran Bear Down On Key Syrian City
On Thursday we brought you the latest from Syria, where Hezbollah and the IRGC have encircled Aleppo and cut off rebel supply lines to Turkey. It was months in the…
The First Warning Sign That Cushing May Be About To Overflow
To be sure, the rumors have been there for a while. As we first wrote in March of 2015 when it became a topic of conversation, speculation that Cushing may…
Global Financial System Risk Is Soaring Worldwide
We warned earlier in the week that the credit risk of the world’s financial institutions were on the rise and that trend has worsened as the week ends. Global Bank…
Bloodbathery
Don’t just blindly follow someone else’s path… (FF to 40 seconds for today’s analogy)… The Nasdaq’s collapse now turns it red since the end of QE3 – joing the rest…