Daily Archives: March 28, 2016

Inflation Has Hit the US and is Only Going to Get Worse

The Fed is rapidly losing control. Core inflation has already broken above 2%. This happened when OIL was imploding. As well as commodities in general. Why does this matter? Because core inflation is ABOVE 2% at a time when commodity … Continue reading

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New Legislation Permits FDIC to Seize Bank Deposits for Bail-Ins

The world will soon be facing a tsunami of defaults on bad debts. This will include municipal or local government defaults, governments “defaulting” on promises they’ve made to the people (Social Security, Medicaid), a default on the social contract between … Continue reading

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Bank Deposits Are Now On the Hook For Bank Bail-Ins

Deposits That Go To Zero and Capital Controls for Two Years Canada has joined the “bail-in” posse. Canada will introduce legislation to implement a “bail-in” regime for systemically important banks that would shift some of the responsibility for propping up … Continue reading

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