Kansas and Her Neighbors: Economic Activity »

I don’t know if it counts as a “disaster”, but Kansas continues to lag its neighbors in economic activity, and to under-perform what is to be expected from historical correlations. Figure 1: Log coincident indices for Colorado (blue), Kansas (bold red),…

May 26 2016 / Read More »

Former McDonalds CEO Crushes The Minimum Wage Lie: "It's Cheaper To Buy A Robot Than Hire At $15/Hour" »

While this should come as no surprise to any rational non-establishment-teet-suckling economist (and certainly not to our readers), former McDonalds' CEO Ed Rensi continued his crusade against the naive "solution" to poor living standards that has been…

May 26 2016 / Read More »

"Someday We'll Be Microchipping All Of Our Children" »

Submitted by Michael Snyder via The Economic Collapse blog, Would you allow microchips to be surgically implanted in your children…

May 26 2016 / Read More »

Hillary In Trouble: State Department Says Clinton Did Not Comply With Record Policies: Full Report »

In a surprising reversal, what many thought was impossible, namely the State Department cracking down on its former head and Democratic…

May 26 2016 / Read More »

"Dovish" Fed Expectations Collapse To Lowest Since 2015 »

Back in the middle of February - during the height of the financial-market turmoil, the market was pricing in a shockingly policy-error-ish…

May 26 2016 / Read More »

This Is The Maximum Amount Of Cash You Can Take Out At A Venezuela ATM »

As Bloomberg's Nathan Crooks demonstrates, this is the maximum amount of money one can take out from a Venezuela ATM each day.…

May 26 2016 / Read More »
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The "System" Won't Survive The Robots »

Submitted by Paul Rosenberg via FreemansPerspective.com, It’s really just a matter of time; the working man’s deal with his overseers is half dead already. But there’s still inertia in the system, and even the losers are keeping the faith. Hope dies slowly, after all. Nonetheless,…

May 26 2016 / Read More »

Americans - The New Second-Class Citizens »

Via Ann Corcoran of RefugeeSettlementWatch.com, Yesterday we told you about the mess in Utica, New York, a city in refugee overload with increasing poverty and stressed-out schools. We also told you about the Obama Labor Dept. (Tom Perez! Watch for him, bad news!) and the department’s…

May 26 2016 / Read More »

Saudi Arabia Has Finally Figured Out How To Get Washington's Attention: Lobbyists »

Over the past few months, the United States has had a sudden renewed interest in the details surrounding the 9/11 terror attacks, mainly due to the buzz that was created by a 60 Minutes special which told of a the last 28 pages of an investigative report being classified and…

May 26 2016 / Read More »

Shakespeare On Investing »

Submitted by Lance Roberts via RealInvestmentAdvice.com, “Wisely and slow; they stumble that run fast.” (Romeo and Juliet) All throughout history we have heard of the triumph of the tortoise over the…

May 26 2016 / Read More »
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Write-Offs: 5.25.16

Facebook is hedge funds' new tech darling; Yes, there is a company named Big Ass Solutions; Meet Britain's hidden community of men who role-play as dogs; and more.

May 26 2016 / Read More »

The Greek government’s equity portfolio

According to data published by the Bank of Greece, which follows common standards set by the European Central Bank and Eurostat, the general government sector of the Greek economy owned financial assets…

May 25 2016 / Read More »

Opening Bell: 5.25.16

Deal reached on Greek debt; BofA tipster gets to keep his reward; Motorist throws golf balls in romantic rejection road rage attack; and more.

May 25 2016 / Read More »
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