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China Shadow Banking Defaults Surge

China Shadow Banking Defaults Surge

By Charlie Zhu, Bloomberg Markets Live reporter and analystThree things we learned last week:1. A town builder’s last-minute bond repayment reignited fears over a potential default by such issuers. Investors are watching out for the first missed payment by a...

Escobar: Eurasian Heartland Rises To Challenge The West

Escobar: Eurasian Heartland Rises To Challenge The West

Authored by Pepe Escobar,President Xi Jinping telling President Putin at the end of their summit last March in Moscow that we’re now facing “great changes not seen in a century” directly applies to the new spirit reigning across the Heartland.Cue to the...

Top 10 Cheapest Beach Homes In America

Top 10 Cheapest Beach Homes In America

The 30yr fixed mortgage rate is back above 7% for the first time since early March. Housing affordability is the worst in decades. Those still searching for a beach home but don't want to pay Hamptons or South Florida prices have other options that are still...

Bud Light Offers $2.99 18-Pack After Sales Tumble Accelerates

Bud Light Offers $2.99 18-Pack After Sales Tumble Accelerates

Bud Light is offering a massive Memorial Day weekend discount: $2.99 for an 18-pack of Bud Light or Budweiser, bringing the price per can down to just pennies. This aggressive pricing strategy is an attempt by the brewer to stimulate demand as an ongoing...

‘YOU take YOUR seat’: Media finally show Biden cheat sheets

‘YOU take YOUR seat’: Media finally show Biden cheat sheets

'Appear to be written for either a clueless child or an oblivious elderly person'  By WND Staff We know now how Joe Biden, beleaguered with the publicly evident early symptoms of dementia, combined with his career-long record of mental and verbal stumbles, bumbles and...

Sorry Our Demographic Karma Ran Over Your Economic Dogma

Sorry Our Demographic Karma Ran Over Your Economic Dogma

Authored by Charles Hugh Smith via OfTwoMinds blog,Your bogus economic dogma of "growth via the wealth effect" created the demographic karma that will bring down the status quo.What happens when you bleed your workforce while enriching those who already own...

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