Why Greece Is The Precursor To The Next Global Debt Crisis

The Eurozone fantasy will be one of the early casualties
Friday, July 10, 2015, 10:48 AM

There is no way for Greece to fix its debt problem if it keeps the euro as its currency.  Every purported solution that doesn’t address the core cause of the debt is mere theater. » Read more


Netfalls - Remy Musser/Shuttestock

Greece Exposes The Global Economy's Achilles Heel

Countries that can't repay their debts -- won't
Thursday, February 5, 2015, 3:54 PM

The new Greek political party, known as Syriza, the Coalition of the Radical Left, has done the unthinkable: they've dared to speak the truth.

Such honest assessments are not supposed to be uttered in politics, no matter how true they may be. And so, as you can imagine, the machinery of the defenders of the status quo is in quite a lather over the whole affair. And it's doing everything it can to minimize and marginalize the new Greek government. » Read more


Africa Studio/Shutterstock

Off the Cuff: The Biggest Bubble

a.k.a.: Life as we now know it
Thursday, May 29, 2014, 10:31 PM

In this week's Off the Cuff podcast, Chris and Mish discuss:

  • The Beginning of the End of the Eurozone?
    • The disgruntled citizenry is voting its mind
  • Mal-investment Everywhere
    • But the bond market is likely to crack first
  • No Exit
    • After 5+ years, the Fed is as stuck as ever
  • The Biggest Bubble
    • A.k.a: Life as we know it

Bruce Rolff/Shutterstock

When Every Country Wants to Sell, Who Buys?

The world is trapped in a quest for 'Demand'
Tuesday, April 22, 2014, 12:14 PM

Understandably for the US, which sustained a consumption supercycle for several decades, the post-financial crisis period has kicked off a new trend: Americans want to consume less, and make more.

Americans want to own less stuff, use less energy, and produce their own goods. In short, Americans want to sell» Read more


Bernanke's Suspicious Remarks on Gold

His dismissal of its importance is not very credible
Thursday, July 25, 2013, 7:33 PM

Recently, on July 18, 2013, Federal Reserve Chairman Ben Bernanke told Congress a number of things about gold that make us wonder which one of two interpretations is correct: Is he really that out of touch? Or is he telling us lies with the bumbling skill of a four-year-old? » Read more

Featured Discussion

Attention Readers from Germany

Attention Readers from Germany

Wanted: your "boots on the ground" perspective. How tired are Germans becoming of funding the bailouts for the Eurozone?


Europe's Precarious Banks Will Determine the Future

Ticking time bombs
Tuesday, June 25, 2013, 4:09 PM

Crying Wolf?

It is easy to get the impression that the naysayers are wrong about Europe. After all of the predictions of Armageddon, ten-year government bond yields for Spain and Italy fell to the 4% level, France (which is retreating into old-fashioned socialism) was able to borrow at about 2%, and one of the best-performing bond investments has been until recently – wait for it – Greek government bonds! Admittedly, bond yields have risen from those lows, but so have they everywhere. It is clear, when one stands back from all the usual euro-rhetoric, that, as a threat to the global financial system, it is a case of "panic over." » Read more

Featured Discussion

A Report From Europe

A Report From Europe

How bad are things there, really? A reader gives a boots-on-the-ground account after a recent trip.

Daily Digest

Image by eutrophication&hypoxia, Flickr Creative Commons

Daily Digest 3/26 - Eurozone Faces Tough Bank Regime, China's Toxic Water

Monday, March 25, 2013, 10:47 PM
  • After Cyprus, eurozone faces tough bank regime - Eurogroup head
  • What all investors can learn from Cyprus
  • Russian Oligarchs to (Involuntarily) Fund Cyprus Bailout
  • The Broken Euro
  • Creating Renewable Energy Farms that Double as Wildlife Reserves
  • Why such a fuss about extinction?
  • China's Toxic Water

Off the Cuff: Will Cyprus Start the Unraveling of the Eurozone?

Is Cyprus Europe's Bear Stearns?
Thursday, March 21, 2013, 4:18 AM

In this week's Off the Cuff podcast, Chris and Mish discuss:

  • Cyprus' Wealth Tax
    • A broad-daylight theft of the public
  • Implications for the Eurozone
    • Are bank runs and capital controls next?
  • Wine Country Conference
    • Only two weeks away!