minority opinion

The days came along one after another,  and then four months were gone,  and everything was gone,  and I was gone.

This time is no different than other cases of highly indebted countries in Europe’s history – just look to the post-War examples as similar ...

Money, Savings and Debt by Pater Tenebrarum This post can in a way be seen as an addendum to what we wrote regarding the ' gold n...

As Greece's political and economic conditions worsen, the conventional wisdom about Greece never abandoning the euro will be sorely t...

Adding another  Nigeria  to world oil supply By Joe Carroll and Bradley Olso The flood of North American crude oil  is set to become ...

We are now in a situation that looks like a dead end for the paper money system by Philipp Bagus A paper currency system contains the...

Squaring the circle By Victor Davis Hanson In the next 90 days, the Obama administration will have to declare victory and then abando...

If poor economic performance produces even worse politicians, the downside risk to living standards is essentially unlimited By Marti...

So how is Puerto Rico's debt going to be paid back? The answer is it won't. By Mike "Mish" Shedlock Puerto Rico has...

"Unintended Consequences" will be written on the tombstone of Obamacare by Norman Berdichevsky It may take as long, but Oba...

Τhe Ponzi scheme is going to continue until its statistically inevitable demise by  Bob Adelmann Fresh data just released by the tr...

The Indian Ocean region will now inherit the tensions and contradictions of the new cold war by John Holmes Every cloud has a silver l...