Silver as an investment

Category Archives: Debt

Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments

This report was originally published by Michael Snyder at The Economic Collapse Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose. Unfortunately, many are getting swept up in the current euphoria surrounding cryptocurrencies and […]

The True Consequence of Ending the Gold Standard (In One Chart)

gainspainscapital.com / Graham Summers / December 28, 2017 The single most important chart for understanding the current state of the US financial system is the following: US Gross Domestic Product vs. US Total Debt Securities, Trillions US Dollars (1945-2016). *** In simple terms, the above chart reveals that once the US abandoned the Gold Standard completely in […]

China Beige Book Warns Economic Slowdown Has Begun

zerohedge.com / by Tyler Durden / Wed, 12/27/2017 When it comes to the global economy, few things matter as much as China, the trajectory of its economy and especially the pace and impulse of its credit creation, which is ironic because virtually all data coming out of China is fabricated and manipulated, and thoroughly untrustworthy, either on purpose […]

China Beige Book Warns Economic Slowdown Has Begun

When it comes to the global economy, few things matter as much as China, the trajectory of its economy and especially the pace and impulse of its credit creation, which is ironic because virtually all data coming out of China is fabricated and manipulated, and thoroughly untrustworthy, either on purpose or “by accident.” The latest […]

Now That Xmas Is Over – Mapping The US States With The Most People In Debt

With Americans left with only one option – indentured servitude – to maintain any semblance of normal quality of life – especially at Christmas – we thought it worthwhile considering which US States have the most people in debt. Using data from anonymous consumer-level records from a major credit bureau, the Urban Institute was able […]

US Consumers Tap Out: Personal Savings Rate Plunges To 10 Year Low While Americans Splurge

This report was originally published by Tyler Durden at Zero Hedge The latest confirmation that the US consumer is now effectively tapped out came moments ago when the Dept of Commerce reported that in November, Personal Income rose by a lower than expected 0.3% (exp. 0.4%), while US consumers continued to splurge at an accelerated […]

China Systemic Risk: Liquidity Problem Surfaces At HNA Group Less Than Two Weeks After Company’s Denial

zerohedge.com / by Tyler Durden / Dec 18, 2017  Here we go again… On December 8, we lamented how every few days we return to the subject of systemic risk in China related to its big four highly-indebted conglomerates, HNA, Anbang, Evergrande and Dalian Wanda. We also noted how our chief source of concern had become HNA, after it issued a […]

Of Course It’s Going To Pass – Duh

market-ticker.org / by Karl Denninger / 2017-12-19 It’ll pass. But it really doesn’t matter.  There’s no real “stash of cash” overseas; most companies have issued debt against it, but now they’ll get hit with an immediate “deemed repatriated” tax, which they didn’t count on when they issued the debt, and neither did the ratings agencies. Not that the ratings agencies will care about […]

A Word of Thanks, Lew

mises.org / Jeff Deist / 12/14/2017 Many Mises.org readers know that Lew Rockwell, founder of the Mises Institute and quiet benefactor to countless individuals in libertarian circles over the decades, continues to recover from a recent back injury. While the episode has not quelled his enthusiasm for liberty, recovery is no picnic. Apparently medicine remains in the Dark Ages […]

Global Deflation Alert: Chinese Credit Creation Tumbles To 27 Month Low

At the end of November, we showed a troubling observation for China – and global – macro watchers from Axiom’s Gordon Johnson: for the first time ever, record Chinese credit creation had failed to stimulate the economy, and in fact the exact opposite appeared to be unfolding – economic growth is slowing across a number […]