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Olduvai III: Catacylsm
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This Is Another “Subprime” Waiting to Blow

This Is Another “Subprime” Waiting to Blow Dow down 239 points yesterday – or 1.5% – after Japan posted its biggest one-day gain in seven years. This is getting interesting again. If it is just “volatility,” as Wall Street’s shills in the press maintain, it will probably pass soon. Everything will be okay. Back to […]

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“There Are Big, Big Problems” – The Shocker Crushing The Economy Revealed

“There Are Big, Big Problems” – The Shocker Crushing The Economy Revealed We are grateful to Alexander Giryavets at Dynamika Capital for pointing us to something which is far more troubling than even the Atlanta Fed’s collapse in Q1 GDP tracking: namely the latest Credit Managers Index for the month of March which “deteriorated significantly over the last two months […]

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‘Welcome Signs Of Cooling’ In Canada’s Overvalued Housing Markets: IMF

‘Welcome Signs Of Cooling’ In Canada’s Overvalued Housing Markets: IMF Canada’s housing markets will cool this year, leading to a more “balanced” economy — one that is not as dependent on growing consumer debt, the International Monetary Fund says. In a report released Friday, the IMF estimated house prices are overvalued by 7 to 20 per […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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