TED Talk on Inequality

By Don Lee

The Federal Reserve announces a subdued outlook for growth in the U.S. economy, as well as its intention to keep short-term interest rates near zero through late 2014.

The Federal Reser…

By A Solari Subscriber

City of Las Cruces is cutting off utilities for the non payment of speed camera tickets.
[http://www.thenewspaper.com/news/37/3774.asp] In Phx 75k people refused to pay speed c…

By Yves Smith

Obama’s latest housing market chicanery should come as no surprise. As we discuss below, he will use the State of the Union address to announce a mortgage “settlement” by Federa…

Source: Bloomberg

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By John Rubino

Today’s world can be summarized in two sentences:

Unless continuously fed with new credit, the global financial system will implode. And when confronted with this possibility, go…