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Tag Archives: 2008
Albert Edwards: “It’s Starting To Feel A Bit Like July 2008”
Albert Edwards: “It’s Starting To Feel A Bit Like July 2008” One of the theories seeking to explain the Lehman collapse and the ensuing financial crisis points to the record surge in oil prices which rose as high as $150 in the summer of 2008, and which combined with tight monetary conditions, precipitated a giant […]
The Economic Crisis of 2008 Did Not End, It Has Been in Remission
The Economic Crisis of 2008 Did Not End, It Has Been in Remission There have been many articles appearing in recent months suggesting that the economy might go into a recession within the next year. Many have focused on whether the Federal Reserve should cut interest rates to stop this from happening. There also has been a […]
Underestimating Them & Overestimating Us
UNDERESTIMATING THEM & OVERESTIMATING US “Do not underestimate the ‘power of underestimation’. They can’t stop you, if they don’t see you coming.” ― Izey Victoria Odiase During the summer of 2008 I was writing articles a few times per week predicting an economic catastrophe and a banking crisis. When the biggest financial crisis since the Great […]
Bubble-Watcher, Bob Shiller Warns “We’re Primed To Repeat 2008” As Housing Momentum Slows
Bubble-Watcher, Bob Shiller Warns “We’re Primed To Repeat 2008” As Housing Momentum Slows The US housing market is anything but healthy and even most bullish of realtors (especially since “it is difficult to get a man to understand something, when his salary depends upon his not understanding it”) is admitting that all is not well. […]
Global Banking Stocks Are Crashing Hard – Just Like They Did In 2008
Global Banking Stocks Are Crashing Hard – Just Like They Did In 2008 Global stocks are falling precipitously once again, and banking stocks are leading the way. If this reminds you of 2008, it should, because that is precisely what we witnessed back then. Banking stocks collapsed as fear gripped the marketplace, and ultimately many […]
Comparing Crises: 1929 with 2008 and the Next
Comparing Crises: 1929 with 2008 and the Next The business and mainstream press this month, September 2018, has been publishing numerous accounts of the 2008 financial crash on its tenth anniversary. This month attention has been focused on the Lehman Brothers investment bank crash that accelerated the general financial system implosion in the US, and […]
Ten Years After the Crash, We Have Survived, But Have You Prospered?
Ten Years After the Crash, We Have Survived, But Have You Prospered? The year is 2018 and we have survived. Despite all the fear-mongering, all the pessimism, all the chaos, the markets are still here, and they are thriving. This has blown away many, as their are countless experts in the precious metals community and […]
When Does This Travesty of a Mockery of a Sham Finally End?
When Does This Travesty of a Mockery of a Sham Finally End? Credit bubbles are not engines of sustainable employment, they are only engines of malinvestment and wealth destruction on a grand scale. We all know the Status Quo’s response to the global financial meltdown of 2008 has been a travesty of a mockery of […]
Happy Anniversary
HAPPY ANNIVERSARY “They have learned nothing, and forgotten nothing.” Attributed to Talleyrand. Since everybody else in financial media has been indulging in an orgy of self-reflection, selective recollection and brazen virtue-signalling on the back of the 10 year anniversary of Lehman Brothers’ bankruptcy in September 2008, and in steadfast keeping with our principle of ‘no […]
What Keeps Them Up At Night
WHAT KEEPS THEM UP AT NIGHT “Government has coddled, accepted, and ignored white collar crime for too long. It is time the nation woke up and realized that it’s not the armed robbers or drug dealers who cause the most economic harm, it’s the white collar criminals living in the most expensive homes who have […]
The Bank Bailout of 2008 was Unnecessa
The Bank Bailout of 2008 was Unnecessary Photo Source Xavier | CC BY 2.0 This week marked 10 years since the harrowing descent into the financial crisis — when the huge investment bank Lehman Bros. went into bankruptcy, with the country’s largest insurer, AIG, about to follow. No one was sure which financial institution might […]
Weekly Commentary: Approaching the 10-year Anniversary
Weekly Commentary: Approaching the 10-year Anniversary We’re rapidly Approaching the 10-year Anniversary of the 2008 financial crisis. Exactly one decade ago to the day (September 7, 2008), Fannie Mae and Freddie Mac were placed into government receivership. And for at least a decade, there has been nothing more than talk of reforming the government-sponsored-enterprises. It’s […]
10 Years Later–No Lessons Learned
10 YEARS LATER – NO LESSONS LEARNED “A variety of investors provided capital to financial companies, with which they made irresponsible loans and took excessive risks. These activities resulted in real losses, which have largely wiped out the shareholder equity of the companies. But behind that shareholder equity is bondholder money, and so much of […]
Carmot Capital: “The Next Crisis Won’t Be A Flash Crash; It Will Be A Flash Flood”
Carmot Capital: “The Next Crisis Won’t Be A Flash Crash; It Will Be A Flash Flood” THE STRAIGHT FLUSH CRASH AN ILLUSION OF SIMPLICITY, AN ENTANGLEMENT OF COMPLEXITY Lately, there has been talk of so-called “elevated” markets. Equity markets, real estate markets and bond markets are indeed reaching new highs regularly. But how long will […]
It’s Looking A Lot Like 2008 Now…
It’s Looking A Lot Like 2008 Now… Did today’s market plunge mark the start of the next crash? Economic and market conditions are eerily like they were in late 2007/early 2008. Remember back then? Everything was going great. Home prices were soaring. Jobs were plentiful. The great cultural marketing machine was busy proclaiming that a […]
