Daily Digest

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Daily Digest 4/4 - Barclays Blames Bank Culture; Shut Up, Savers!

Thursday, April 4, 2013, 9:44 AM
  • 'Shut Up, Savers!'
  • Storm drain grates go missing, create safety hazard
  • UN adopts Arms Treaty with support from Obama administration
  • Chinese Foreign Fisheries Catch 12 Times More Than Reported, Study Shows 
  • Are All G20 Bank Depositors Exposed to a Cyprus Style Seizure of Deposits for a 'Bail-in?' 
  • Ottawa’s bank ‘bail-in’ talk spooks investors
  • Michael Sona Charged By Elections Canada In Connection To Robocall Scandal
  • Man has undeclared $10,000 seized at border after exchange rate pushes him over limit to take from country
  • Barclays' Salz Review blames bank culture
  • Researcher tried to export pathogen to China, RCMP allege
  • Massive offshore tax haven account leak includes names of 450 wealthy Canadians
  • Senators get automatic $2,900 pay boost after MP’s vote to increase their own salaries
  • David Stockman: "The Great Deformation"
  • Cyber Attack Alert
  • Currency Wars: “The Fed is Playing with a Nuclear Reactor”
  • A Tipping Point In The Financial System
  • Rumors of a Cheap-Energy Jobs Boom Remain Just That
  • Food Field Urban Farm in Detroit Heals Land, Sets Sights On Aquaponics and Economic Viability
  • China reports three H7N9 infections, two fatal
Daily Digest

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Daily Digest 11/2 - Seeing The Forest Through The Debt, Looming Human-Caused Mass Extinction

Friday, November 2, 2012, 10:58 AM
  • Unallocated Gold Storage Or Accounts: Avoid This Risk When Buying Gold
  • Prosperity Index Shows Capitalism Kills
  • Special Report: Starbucks's European tax bill disappears down $100 million hole
  • Have India’s poor become human guinea pigs?
  • Sharp issues survival warning as it forecasts huge loss 
  • Sants Wishes Bankers Had Been More Honest 
  • Seeing The Forest Through The Debt
  • Rosenberg Predicts Surprise Q4 Negative GDP due to Sandy
  • Oilsands development at risk as costs soar, memo warns
  • A Looming Mass Extinction Caused By Humans

Off the Cuff: It's Becoming Every Man for Himself

Hard times reveal the true nature of our leaders
Thursday, June 28, 2012, 2:40 PM

In this week's Off the Cuff with Mish & Chris podcast, Mish and Chris lean into:

  • Signs of fragmentation in Europe
    • Increasingly political leaders jettisoning Eurozone collectivism for what's best for their own country
  • The ticking pension bomb
    • US states, municipalities, and cities face unmeetable obligations
  • Fraud at the core
    • The Barclays LIBOR-fixing scandal shows how manipulated markets really are

They say that when the going gets tough, you learn what a person's true nature is. If that's so, we're learning that the bloviating European leaders are clueless opportunists with no real love or loyalty for the centralized European vision they've been selling to their populace for over a decade. Similarly, US public pension administrators and public officials are craven liars, still unwilling to admit to pensioners that poor stewardship, bad math, and generationally low interest rates have made it impossible to meet their actuarial commitments. Increasingly -- and as epitomized by the recently- fraudulent fixing of the LIBOR market -- all players are simply out to secure what they can for themselves before the system breaks. » Read more