Financial System Archives - Page 68 of 79

The Only Legal Way to Escape US Taxes Besides Death and Renunciation

September 18, 2013 GIHAdmin226

Sep 18, 2013 – 09:37 PM GMT By Nick Giambruno, Editor, International Man When I hear about strategies that purport to legally allow US citizens to avoid having to pay income taxes, the first thing that usually comes to mind is that it is some sort of dodgy cockamamie scheme. This is because the US […]

Larry Summers and the Secret “End-Game” Memo

September 18, 2013 GIHAdmin188

When a little birdie dropped the End Game memo through my window, its content was so explosive, so sick and plain evil, I just couldn’t believe it. The Memo confirmed every conspiracy freak’s fantasy: that in the late 1990s, the top US Treasury officials secretly conspired with a small cabal of banker big-shots to rip […]

Canadian billionaire predicts end of US Dollar as world’s reserve currency – Ned Goodman lecture

September 18, 2013 GIHAdmin101

USA: Stagflation Here We Come!

September 17, 2013 GIHAdmin157

Just when you think that the worst has come, been and gone, there will be more stuff hitting the fan in the very near future and that should serve as a lesson to the next head of the Federal Reserve that central banks don’t usually necessarily have the people in mind when they take things […]

The Top 10 Questions About Twitter’s Real Value

September 17, 2013 GIHAdmin174

The number whispered on Wall Street is $10 billion (or $14-$15 if you ask The Saudis), but potential investors in the micro-blogger’s IPO will need more to go on than simple valuation math and guided judgment. As ConvergEx’s Nick Colas notes, Tech firms are particularly dependent on innovation and human capital for their viability. So while […]

Is War Now “Inevitable”

September 13, 2013 GIHAdmin173

In a moment of surprising clarity, Deutsche Bank’s Jim Reid pointed out what is largely taboo in the financial industry – the truth. “Looking back, real GDP growth in the US through the latter half of the 2000s and the 2010s has been at the lowest levels since the cyclically scarred decades of the Great […]

Laurence Kotlikoff: “The US Fiscal Gap Is $200 Trillion… Our Country Is broke”

September 12, 2013 GIHAdmin254

While it is easy and often enjoyable to distract oneself with daily drudgery such as who will bomb whom (if not so enjoyable for those on the receiving end of said bombs), the key word in the sentence is just one: “distract” and as Kyle Bass pointed out correctly, the best, and most “economy-boosting” of all distractions […]

How a 1% Gain Can Destroy Your Retirement Dreams

September 11, 2013 GIHAdmin272

Sep 10, 2013 – 01:47 PM GMT By: Money_Morning Robert Hsu writes: This has been the bond market’s worst showing in 19 years, thanks to the recent spike in the 10-year Treasury yield. But bond investors aren’t the only ones getting hit. A higher “risk-free” rate affects you, too. And me. And anyone else trying to […]

Poland Confiscates Private Pensions – Yours Are Next

September 11, 2013 GIHAdmin225

Sep 11, 2013 – 01:26 PM GMT By: Jeff_Berwick We have been saying for the last four years that as Europe, the US and other Western and global nation-states continue their debt-fueled collapse the governments of these countries will continue to consider their citizens’ wealth to be their own and seize more of their assets. We […]

An Obituary for the American Middle Class

September 6, 2013 GIHAdmin187Leave a Comment

Sep 06, 2013 – 12:57 PM GMT By: Profit_Confidential Michael Lombardi writes: It’s the elephant in the room no one wants to talk about… The middle class in the U.S. economy is on the verge of collapse. Yes, I said collapse. That social class that once helped the U.S. economy grow and prosper is coming apart. […]