By Paul B. Farrell, MarketWatch
SAN LUIS OBISPO, Calif. (MarketWatch) — In mid-2005, three years before Wall Street’s credit meltdown, the Economist warned of the “Biggest Bubble in History.” In five short years after the 2000 dot-com crash property prices across the world had risen an unprecedented 75%. Real estate had become the new dot-com.
In his April 2007 quarterly newsletter, Jeremy Grantham, founder of the $95 billion GMO [...]
Republican presidential hopeful Ron Paul revealed this week that he would support moving the U.S. Embassy in Israel to Jerusalem, a surprising position that contradicts conventional wisdom about Paul’s stance toward the Jewish state.
Paul first made this position known Wednesday night, during a private meeting with evangelical leaders interested in helping the Texas Congressman reach out to the conservative Christian community.
According to a transcript of the meeting obtained by Business Insider, the [...]
by ZH
Another ugly week passes, and it is still only August 20th. What a particularly brutal August this is turning out to be so far, even when compared to many challenging ones in recent and distant years. Although there are many substantive reasons why things are very different, many cannot resist the temptation to make comparisons with 2008. So, I thought I would discuss the [...]
Tuesday marks the fifth anniversary of Ben Bernanke’s taking the reins at the Federal Reserve, not that anyone’s counting.
It has been an eventful few years, to say the least. After a mostly placid 2006, the tide turned against Bernanke in 2007, as the housing market collapsed and the U.S. economy followed. A massive financial crisis ensued in 2008. Only now, more than two years later, is the [...]
by Chris Martenson
1. What led you to start Zero Hedge? Was there a particular story or moment? For many of our readers, you have become the CNN of the Great Collapse (this is seen as a positive thing). Is this what you set out to be?
Zero Hedge was started two years ago in the aftermath of the Great Financial Crash, as coined by Bill Buckler, when we [...]
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