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Finance


Peter Schiff And Doug Casey On The "Real" State Of The Economy
submitted by mephisto 2 hours ago (via zerohedge.com)
Submitted by Nick Giambruno of Doug Casey's International Man blog,One of my favorite podcasts to listen to is The Peter Schiff Show (www.SchiffRadio.com).Peter always does an excellent job of dissecting the latest economic news and cutting through the smoke and mirrors of government statistics.Recently he had Doug Casey on his radio show to discuss what’s really happening with the econo
 
Forget Ebola, Florida Issues "Flesh-Eating Bacteria" Public Health Warning
submitted by mephisto 4 hours ago (via zerohedge.com)
As Ebola spreads mercilessly across the world, it appears Florida has a problem that sounds just as awful. As CBS reports, Florida health officials are warning beachgoers about a seawater bacterium that can invade cuts and scrapes to cause flesh-eating disease. At least 11 Floridians have contracted Vibrio vulnificus so far this year and two have died, according to the most recent state data. 
 
How Argentina Became A Bad Debtor
submitted by mephisto 4 hours ago (via zerohedge.com)
Following this evening's lengthy finger-pointing lecture from Argentina's Kicillof, Argentina formally defaulted. Shortly thereafter the hoped-for private bank bailout deal also failed leaving the default process likely to take a while. So how has Argentina defaulted three times in the last 28 years?Submitted by Nicolas Cachanosky via the Ludwig von Mises Institute,This is a complex case t
 
Aldous Huxley Vs George Orwell
submitted by mephisto 4 hours ago (via zerohedge.com)
Via FatPita.net, *  *  *So, who's right?
 
Why The 10Y Yield Is Heading To 1.5% In 1 Simple Chart
submitted by mephisto 4 hours ago (via zerohedge.com)
Submitted by Gavekal via Advisor Perspectives, Last week we wrote that the bond market is following perfectly the reduction of QE with new 1-year lows and with today's bond moves that trend is still firmly in place.In what may seem counter intuitive, treasury bond yields have had a high positive correlation with the rate of Federal Reserve asset purchases. When the rate of Fed asset purchases rise
 
Ebola Epidemic Update: US Citizen Dies In Nigeria, Virus Poses Threat To Britain, Liberia Declares State Of Emergency
submitted by mephisto 4 hours ago (via zerohedge.com)
In a world rife with geopolitical calamities, it is easy to forget that west Africa is currently suffering the worst Ebola epidemic in history. Here are the latest updates:State Department has confirmed that one U.S. citizen died from Ebola in Nigeria after being infected in Liberia. Victim who died in Lagos was bound for U.S., and was an American citizen U.K. Foreign Secretary Philip Ha
 
Our Totalitarian Future - Part 2
submitted by mephisto 4 hours ago (via zerohedge.com)
Submitted by Jim Quinn of The Burning Platform blog,In Part One, I asked questions your keepers don’t want to answer truthfully, while providing the contextual setting for how our over-populated world is progressing relentlessly towards a future of war and totalitarianism.Totalitarianism Now“Where the republican or limited monarchical tradition is weak, the best of constitutions will n
 
Argentina Defaults
submitted by mephisto 4 hours ago (via zerohedge.com)
It's all over but the crying: having explained Argentina's position (i.e. not giving to so-called vulture funds), Economy Minister Kicilloff explains:*KICILLOF SAYS HEDGE FUNDS NOT WILLING TO GIVE DELAY ON RULING*KICILLOF SAYS HARD TO BELIEVE ARGENTINA IN DEFAULT IF HAS FUNDS*KICILLOF SAYS ARGENTINA CAN'T COMPLY WITH COURT RULING*HOLDOUTS DIDN'T ACCEPT ARGENTINE OFFER: KICILLOFAs Bloomberg notes
 
Thank You Obamacare - California Health Insurance Costs Spike Up To 88% In 2014
submitted by mephisto 4 hours ago (via zerohedge.com)
If you like your disposable income... forget it.Health-care insurance premiums for individuals in California rose between 22% and 88% in 2014 from last year, even after the federal health-care overhaul. This has led, as Bloomberg reports, to Proposition 45 - a bill that would grant regulatory say on proposed premium increases. "Unless Proposition 45 is passed we are going to continue to see drama
 
Profile Of A Sanctioned Russian Billionaire: Putin's Judo Coach
submitted by mephisto 4 hours ago (via zerohedge.com)
Via The Moscow Times,Fortune has smiled on judo coach Arkady Rotenberg, bringing his businesses Google-like growth and a key role in staging the Winter Olympics. It has now brought down on him the wrath of the U.S. government.Rotenberg says his success has nothing to do with personal favors from his childhood sparring partner and Russian President
 



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