Turns out strategic mortgage defaults weren't really strategic
Russ Wiles, The Arizona Republic 7:32 a.m. EDT May 7, 2016
(Photo: Getty Images)
One of the interesting things about the housing bust of several years ago — interesting in retrospect, not so fun at the time — was the many people...
China’s debt problem is bigger than you think
By Sue Chang, MarketWatch 5 hrs ago
China’s bad loans are many times worse than what the official data are claiming, and the Chinese authorities do not have a strategy to tackle the problem, according to the latest research from...
What’s Uncle Sam’s Largest Asset? It’ll Haunt us for Years!
by Doug Short • March 11, 2016
A stunning chart.
By Doug Short, Advisor Perspectives:
Pop Quiz! Without recourse to your text, your notes or a Google search, what line item is the largest asset in Uncle Sam’s financial accounts?
Commercials Flee the COMEX: “This is the Sort of Thing You Would Expect to Happen Prior to a COMEX Default”
Posted on January 31, 2016 by The Doc
Are commercials bailing out of the COMEX casino before it burns down? There are several interpretations we could put on it, but the selling is...