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“Faces of Death: The US Economy In Crisis” by Ron Hera “The US economy has been in crisis since 2008 and despite optimistic statements by officials and commentators there are no fundamental signs that the crisis will end in the foreseeable future. Current economic data suggests a number of diverging and unsustainable trends. The US economy has suffered a real estate collapse, a stock market crash, a banking crisis, a near systemic collapse on a global scale, a credit crisis, the worst econ

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Random Feed wrote an interesting post today on
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Repeat after me: the credit crisis was the result of too much cheap and easy lending. Ergo, any return to healthier practices means more expensive and less readily available debt. The problem is that the powers that be don’t quite grasp the implications, or to the extent they do, are still trying to have their cake and eat it too. They want a sounder banking system (or so they say, but with the banksters in charge, this is likely all talk). But heavens no, we cannot restrict credit, bad thing

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Random Feed wrote an interesting post today on
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Dr. Martin Weiss, our founder and publisher, gave readers advanced warnings of the tech bust of 2000 … the real estate bust of 2007 … the credit crisis of 2008 … and the recession of 2009. So we at Money and Markets managed to get Martin to take a moment out of his busy day to answer the number one question that’s on readers’ minds. ET: Martin, your call for the most damaging financial crisis since the Great Depression was right on the money. Many say that the worst is behind us.

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Random Feed wrote an interesting post today on
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Monoline insurers were last year’s story, but I have a prurient interest in some of the smoldering hulks of the credit crisis. Readers may recall that in January-Feb of last year, seemingly imminent demise of monolines looked to be ready to set off financial armageddon, since monoline (and AIG) credit enhancement was critical to a lot of structured credit instruments. The theory was if the monolines lost their AAA ratings, a lot of parties that held credit enhanced paper would have to mark it

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Random Feed wrote an interesting post today on
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By Terry Coxon, Editor, The Casey Report GoldSeek.com Sprinkled among all the official talk about efforts to end the current recession, you’ll hear assurances, notably from Federal Reserve Chairman Ben Bernanke, that when the economy does revive, it won’t be allowed to blast off into runaway inflation. The Fed, we’re being promised, will prevent such a launch by reabsorbing the hundreds of billions of dollars of excess liquidity it recently created to halt the credit crisis. Delivering

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