As Europe grinds out yet another doomed banking system rescue plan, it might be helpful to examine the underlying assumption, which is that we need
Hedge fund manager Eric Sprott’s speech at this week’s Silver Summit turned a room full of nervous precious metals owners into pumped-up silver buyers. Some
Times are tough… U.S. Consumer Credit Fell $9.5 Billion in August August marked the largest drop in consumer credit in almost a year according to
The English-language media seems to be of one mind on Europe in general and Greece in particular: the system is toast, and a series of
One upon a time, the US was a place where police came when you called, a basic safety net caught those who fell on hard
London is burning. Greece is in receivership. Nobody wants Italian bonds. France’s AAA rating is at risk. The headlines do seem to be a bit
The double dip in the US housing market isn’t unique, based on all the similar reports popping up around the world. Here are four from
A comment thread on a recent DollarCollapse post reflects a debate that’s pretty widespread these days: eugene August 1, 2011 at 6:17 pm The thing
The idea that there were pain-free solutions to the mountain of debt the world has taken on was always a delusion. But it was one
Conventional wisdom — backed up by years of observation — states that gold mining shares tend to outperform the underlying metal in good times because
For a couple of years now it’s been clear that the world was about to fall apart, with the only question being which local failure
The following three stories would be funny if the picture they paint wasn’t so sad. First this: Second-Mortgage Misery Almost 40% of homeowners who took
Back during the previous bubble the “Real Estate Bust” breaking news section at DollarCollapse rocked: Tons of fresh links with apocalyptic titles and lots of
The first thing to understand about Chris Martenson, the respected financial consultant and commentator, is that he’s a PhD in pathology who is, as a
Back in February 2010, a clearly very sharp and articulate reader responded to a DollarCollapse.com article on Spain’s coming sovereign debt problems with the following:
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