John Rubino: What Blows-Up First? ‘Almost Junk’ Bonds
Hundreds of US companies are about to have their bond ratings cut to junk. Here’s why that’s a major problem for the markets and the economy…
Continue readingHundreds of US companies are about to have their bond ratings cut to junk. Here’s why that’s a major problem for the markets and the economy…
Continue readingThe problem is specific and systemic, and unless something is done soon, the retail apocalypse will only worsen. Here’s the details…
Continue readingDave Kranzler says “mortgages now offered by the Federal Government are beginning to look and smell like the same sub-prime sewage that…”
Continue readingDave Kranzler says this time, however, these mortgages are sponsored by the government and guaranteed by U.S. taxpayers. Here’s the details…
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