Not only US shale oil industry being gutted but also big impacts on northern producers like Norway. Scottish nationalists would need to redo their sums as well if they got to power…. oops! Norway’s central bank governor stepped up his warning on excessive use of the nation’s oil income as he predicted the government may…

We know money is leaving China but where is it going? The Chinese government is burning through $billions of foreign reserves defending the yuan in what many think is a losing game possibly against predatory US hedge funds in a game similar to George Soros attacking the UK Pound in previous times. But what else?…

Not to get ahead of oneself becasue we all know that retailing is taking a hiding from online sales all over the world but……….. Barack Obama recently stated that anyone that is claiming that America’s economy is in decline is “peddling fiction”.  Well, if the economy is in such great shape, why are major retailers…

I can almost guarantee that the questions that is being asked of financial advisers all over the world are these. What’s going to happen to my investments now? Are my retirement funds safe? Should I sell now?…….. or along those lines anyway. To which financial advisers all over the world will reply. Look you have…

David Stockman is no dumbo…… David Stockman’s Note: Tonight, I’m streaming a live video broadcast from my home in Aspen, CO. I believe the most popular investment of the 21st century is about to implode. The collapse of this … Source: Financial Time Bombs Hiding In Plain Sight | David Stockman’s Contra Corner