Zero Hedge Reads
Acting Man
Alt-Market
Bearish News
Boom Bust Blog
Capitalist Exploits
China Financial Markets
Chris Martenson's Blog
Contrary Investor
Credit Writedowns
Daneric's Elliott Waves
DealBook
Demonocracy
Dr. Housing Bubble
ETF Daily News
ETF Digest
ForexLive
Gains Pains & Capital
Global Economic Analysis
Hedge Accordingly
Implode-Explode
Investing Contrarian
Jesse's Cafe Americain
Liberty Blitzkrieg
Market Folly
Market Montage
Max Keiser
Minyanville
Mises Institute
Naked Capitalism
Of Two Minds
Oil Price
Rebooting Capitalism
Shanky's Tech Blog
Slope of Hope
StealthFlation
Stratfor
TF Metals Report
The Burning Platform
The Daily Crux
The Economic Populist
The Hammerstone Group
The Market Ticker
The Trader
The Underground Investor
The Vineyard Of The Saker
Themis Trading
Trim Tabs Blog
Value Walk
Variant Perception
View From The Bridge
Wolf Street
Tyler Durden's picture
Greece Gambles On "Catastrophic Armageddon" For Europe, Warns It "Only Has Weeks Of Cash Left"
Submitted by Tyler Durden on 02/07/2015 - 20:05
One of the bigger problems facing the new, upstart Greek government, which has set before itself the lofty goal of overturning 6 years of oppressive European policies and countless generations of Greek cronyism, corruption and tax-evasion is not so much the concern about deposit outflows and bank runs - even though it most certainly will be in the next few days unless the Tsipras government finds some resolution to the dramatic standoff with Merkel and the ECB - but something far more trivial: running out of money.
Tweet
Comments: 225
Reads: 26,251
Tyler Durden's picture
The Death Of The Petrodollar Was Finally Noticed
Submitted by Tyler Durden on 02/07/2015 - 19:09
It took a while, but three months after we wrote "How The Petrodollar Quietly Died, And Nobody Noticed", someone finally noticed.
Tweet
Comments: 88
Reads: 36,033
Tyler Durden's picture
Chinese Imports Crash & Worst January Export Plunge Since 2009 Sends Trade Surplus To Record High
Submitted by Tyler Durden on 02/07/2015 - 22:35
Chinese imports collapsed 19.9% YoY in January, missing expectations of a modest 3.2% drop by the most since Lehman. This is the biggest YoY drop since May 2009 and worst January since the peak of the financial crisis. Exports tumbled 3.3% YoY (missing expectations of 5.9% surge) for the worst January since 2009. Combined this led to a $60.03 billion trade surplus in January - the largest ever. But apart from these massive imbalances, everything is awesome in the global economy (oh apart from The Baltic Dry at record lows, Iron Ore near record lows, oil prices crashed, and the other engine of the world economy - USA USA USA - imploding).
Tweet
Comments: 12
Reads: 3,492
Tyler Durden's picture
Rand Paul Explains What The Dollar Is Backed By: "Used Car Loans, Bad Home Loans, Distressed Assets And Derivatives"
Submitted by Tyler Durden on 02/07/2015 - 22:05
Having recently exposed the mainstream media's lack of objectivity in "slanted and distorted" interviews, Rand Paul has turned his focus to another staple of the status quo - his father's arch-nemesis, The Fed. As WSJ reports, Sen. Rand Paul unleashed a blistering attack on the Federal Reserve in Iowa on Fridasy evening, calling for an audit of the institution’s books and blaming it for fueling income inequality. "Once upon a time, your dollar was as good as gold," he explained, adding "then for many decades, they said your dollar was backed by the full faith and credit of government." Do you know what it’s backed by now? "Used car loans, bad home loans, distressed assets and derivatives."
Tweet
Comments: 66
Reads: 7,497
http://www.zerohedge.com/news/2015-02-07/rand-paul-explains-what-dollar-backed-used-car-loans-bad-home-loans-distressed-asset
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
| 
