How screwed up is the world when savers have to pay banks to keep their deposits and those same banks turn around and pay debtors on their mortgages? This will end badly.

In Denmark You Are Now Paid To Take Out A Mortgage

With NIRP raging in the Eurozone and over €1.5 trillion in European government bonds trading with negative yields, many were wondering when any of this perverted bond generosity will spill over to other debtors, not just Europe’s insolvent governments (who can only print negative interest debt because of the ECB’s backstop that it will buy any piece of garbage […]

Strong Dollar Squeezes U.S. Firms, Rising Currency Takes a Toll on Sales and Profits; Stocks Drop as Capital Spending Slows, Too

Here’s why the dollar is so strong and what it means for investors

— Business Insider (@businessinsider) January 31, 2015

The stronger dollar is slicing sales and profits at big American companies, prompting them to put renewed emphasis on cost cutting and cramping the broader U.S. economy. The currency effects are hitting a wide swath of corporate America—from consumer products giant Procter & Gamble  to technology stalwart […]

Fund Manager: PMs Raided to Prevent Feb Delivery Run on COMEX Gold!

With Silver enduring the largest 1-day smash in 18 months Thursday, PM Fund Manager Dave Kranzler joined the show this week discussing:

1. Gold & silver take-down on options expiration/ First Notice Day- Cartel had to force selling of 3 million oz of Feb gold contracts to prevent a potential run on delivery in Feb gold! 2. With the cartel desperate to prevent a delivery run on […]

New Housing Bubble: Prices Up, Ownership Down, Wall Street a Mega-Landlord: “America is Becoming a Nation of Renters”

Mac Slavo January 31st, 2015


Want to own your own home, but stuck, temporarily, renting until you can? You aren’t alone.

Wolf Richter outlined a pretty eery scenario.

The 2008 financial Armageddon was in larger part a result of the housing bubble bursting. Thanks to the subprime mortgage scandal, millions of homeowners were put in homes they couldn’t afford, making the awful game of musical chairs an […]

Is Another “Mortgage Meltdown” on the Way?

Very few observers expect a repeat of the subprime mortgage crisis. But the former chief credit officer of Fannie Mae is sounding the alarm. We have a forecast of our own.

February 28 is now Doomsday for Greece; less than 30 days. The clock is ticking.

European Central Bank (ECB) THREATENS Greece: Agree on repayment within 30 days or get all money cut off; collapsing your country

The European Central Bank (ECB) has issued an Ultimatum to the country of Greece! The ECB has told Greece they must come to an agreement to repay the ECB, the International Monetary Fund (IMF) and other nations in the European Union (EU) within 30 days, or all Greek banks […]

TPP Coming Fast: Corporations are going to try to squeeze the Trans-Pacific Partnership “trade deal” through Congress in 30 to 60 days from now.

The Solar Village is the first community in the world to produce 4x more energy than it uses

After architect, Rolf Disch, built the Heliotrope (the first building in the world to capture more energy than it uses) he set his sights higher.

He successfully created a retail, commercial and residential space called Sonnenschiff, translating to “Solar Ship,” that was energy net-positive in 2004. The building was a hit, and over the following years 60 more residential buildings have been constructed surrounding the solar ship, all with energy […]

The 19 Ingredients in McDonald’s Fries

Ever wonder what makes up highly popular fast food, such as McDonald’s chicken nuggets or french fries? If the fast food giants recently launched ‘transparency campaign’ tells us anything, it’s that the public is increasingly demanding truth and change. But what McDonald’s ‘truth campaign’ isn’t telling us is that much of its food is lathered in questionable, health-compromising ingredients.

In the most recent transparency video from McDonald’s, Grant Imahara explains […]

Bridge from Russia to Crimea: Putins Old Buddy Awarded Contract $3 Billion Contract

A Russian contract for building a bridge to Crimea has gone to a company majority-owned by a friend of Vladimir Putin who is under Western sanctions.

The $3bn (£2bn) contract was awarded to the SGM Group, owned by Arkady Rotenberg, a childhood friend and judo partner of the Russian president.

The bridge will join Russia directly to the peninsula it annexed from Ukraine in March after a disputed referendum.


Marijuana Boom! Here’s How Fast The Cannabis Industry Is Growing, In 5 Charts

The marijuana industry is booming, and it doesn’t show any signs of slowing down in the near future.

Legal marijuana is the fastest-growing industry in the United States, according to a new report from researchers at The ArcView Group, a cannabis industry investment and research firm based in Oakland, California. In the next two years, a flurry of states are expected to consider the legalization of recreational marijuana. A […]

World trade growth essentially collapsed, despite $11 trillion in QE & now ECB’s latest effort

World trade growth essentially collapsed, despite $11 trillion in QE & now ECB's latest effort

— Lakshman Achuthan (@businesscycle) January 30, 2015

RT @RLewelling: Closer look at Chicago Metro snowfall amounts from Linus.

RT @RLewelling: Closer look at #Chicago Metro snowfall amounts from #Linus.

— The Weather Channel (@weatherchannel) February 1, 2015

Privacy Alert! German Spy Agency Collects A Whopping 220 Million Phone Records A Day

The BND, Germany’s foreign intelligence agency, gathers 220 million pieces of metadata from foreign phone calls and text messages each day. This data is sometimes passed on to the NSA and the CIA, according to BND documents reports Zeit.

The metadata is collected at five different locations throughout Germany, the newspaper reported on Friday. Most of the retrieved information is deleted within weeks, but approximately 1 percent of the […]

March For Houses: Thousands to Descend On London Mayors Office Demand Decent Housing

Thousands of demonstrators will to take to the streets of London on Saturday afternoon to demand Mayor Boris Johnson deliver solutions to the capital’s deepening housing crisis.

The March for Homes is a movement backed by various campaign groups, and draws together those opposed to government housing policies, which they say have driven rents to unaffordable levels, undermined social housing and caused a massive increase in homelessness.

One contingent […]

Under the Guise of increasing security, the Chinese Government is cracking down on Tech Companies and access to Technologies by citizens!

Under the Guise of increasing security, the Chinese Government is cracking down on Tech Companies and access to Technologies by citizens!…