Archive For: May 2015

Page 1 of 3112345...102030...Last »

How ISIS Got Weaponized-----Iraqi "Army" Abandoned $1 billion Worth Of Humvees In Mosul

Read More

The $500 Million Bel Air Spec House-----No Bubbles Here!

Read More

The P2P Lending Boom------America's Next Ponzi

If you needed proof of the above, we bring you the following mailer from the industry’s number-one player, LendingClub, which is now advertising the P2P-credit card refi opportunity to “pre-approved” borrowers who can get up to $35,000 with "no collateral required":

Read More

What's Pumping The Stock Bubble------$4.2 Trillion In Corporate Bond Issuance In Last 3 Years

In its 84th Annual Report released last June, the Bank for International Settlements departed from usual central bankish conventions and decried the growing departure from market discipline and even reality. The BIS even used the loaded term “euphoric” to describe what it saw as risk market prices no longer affected by fundamental economic conditions. As...

Read More

Washington's Disgraced Georgian Sock Puppet Seconded To Kiev Gauleiters

Petro Poroshenko’s decision to appoint Georgia’s disgraced former President as Governor of the Odessa region just might be his most bizarre move yet. Mikhail Saakashvili is a wanted criminal suspect in his homeland.

Read More

Elon Musk------$4.9 Billion Crony Capitalist Mooch

Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups......"He definitely goes where there is government money," said Dan Dolev, an analyst at Jefferies Equity Research.

Read More

Inside Q1's Punk GDP Numbers-----Why Bubble Vision Doesn't Get It

Read More

Resurgence Of The "Surge" Myth-----And The Horrid Legacy Of Robert Gates

Read More

France's Potemkin Economy------Fake Companies, Fake Jobs, Fake Propserity

This was a sentiment any boss would like to hear, but in this case the entire business is fake. So are Candelia’s customers and suppliers, from the companies ordering the furniture to the trucking operators that make deliveries. Even the bank where Candelia gets its loans is not real......

Read More

Chinese Stock Market's Wile E. Coyote Moment

Shanghai's stock market just experienced a Wile E. Coyote moment. For weeks, investors had been chasing higher and higher returns. On Wednesday, however, they suddenly looked down to find their road had disappeared.

Read More

Page 1 of 3112345...102030...Last »

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.

Get Access