Tag: pension-tsunami

July 27, 2015 0

Stench from Chicago so Bad, Fitch Finally Smells It

By News Desk

Stench from Chicago so Bad, Fitch Finally Smells It Posted by Michael Shedlock at 5:32 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)

July 27, 2015 0

Record Eurozone Borrowing: Public Debt Rises With Recovery; Greece a Small Sideshow Compared to Italy

By News Desk

While the politicians are are scrambling to "save" Greece, please note Italy’s Non-Performing Loans Hit a New Record High . The real danger to the euro area probably doesn’t emanate from Greece, but from two of its heavyweights, namely France and Italy. A small note in the European press reminds us that all is not well in at least one of these countries, least of all with its banks (currently this is only a “page 16 storyâ€, but it has great potential to eventually move to the front page)

July 22, 2015 0

Greece Crisis: A Musical "Grease" Parody

By News Desk

Greece Crisis: A Musical "Grease" Parody Posted by Michael Shedlock at 3:19 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.

July 21, 2015 0

Former US Democrat Presidential Candidate Calls for Internment Camps for "Disloyal Americans" Americans

By News Desk

Please be prepared to vomit over Wesley Clark’s call for Internment Camps for "Radicalized" Americans . Retired general and former Democratic presidential candidate Wesley Clark on Friday called for World War II-style internment camps to be revived for “disloyal Americans.†He called for a revival of internment camps to help combat Muslim extremism, saying, “If these people are radicalized and they don’t support the United States and they are disloyal to the United States as a matter of principle, fine.