worldspy - 03.05.12 20:19 Likely glowing from his glorious victory (h/t Trish Regan) over Krugman in Bloomberg's recent Paul vs Paul debate, Rep. Ron Paul destroys the central-planning arrogance of Bernanke and his ilk in an Op-Ed released by the FT today.






Control of the world’s economy has been placed in the hands of a banking cartel, which holds great danger for... mehr bei zerohedge.com

worldspy - 29.04.12 12:49 Two weeks ago we reported the somewhat surprising news that according to the FT, current Bank of Canada head, and former co-head of sovereign risk at Goldman Sachs had been "informally" approached by the Bank of England to be Mervyn King's replacement when the latter's contract runs out in June 2013. mehr bei zerohedge.com

worldspy - 28.04.12 16:38 Submitted by Chris Martenson
Bill Black: Our System Is So Flawed That Fraud Is Mathematically Guaranteed






“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it. mehr bei zerohedge.com

worldspy - 26.04.12 20:06 As we noted (here and here) earlier this week, the world increasingly looks like 'Japan' with little aggregate way out. The following chart perhaps confirms the repressive wave of ongoing intervention across the developed world. Extrapolating trends into the future implies that since the world's central banks will need to have a short-term rate of... mehr bei zerohedge.com

worldspy - 26.04.12 09:39 A month ago we had the pleasure of bringing you Jim Grant's must read address directly to employees of the Federal Reserve in one of the most epic rhetorical polemics ever release unmasking the hollow intellectual sophistry at the very core of modern monetary systems. Today, it is Robert Wenzel's turn. mehr bei zerohedge.com

worldspy - 25.04.12 16:44 Forget Big Macs, the only ubiquitous commodity that counts now in the global purchasing-power-parity pyramid of currency-wars is the iPhone. Deutsche Bank has created a comprehensive set of tables on what costs how much and where around the world so whether it is soft-drinks in Brazil or Germany (over 690% of New York prices), Beer in Japan (192%... mehr bei zerohedge.com

worldspy - 25.04.12 15:54 Yesterday we had Apple sandbagging expectations with yet another round of low guidance, now it's Iran's turn, which through its Russian Ambassador just said the country will consider halting nuclear expansion to avert the EU oil ban. Needless to say, just as the Apple forward guidance so this "promise" is utterly worthless. mehr bei zerohedge.com

worldspy - 25.04.12 14:05 Earlier today, the Bundesbank tried to sneak through some EUR3 billion in long-dated (30Y) paper. It didn't quite succeed, because if one excludes the retention by the German bank which already has its hands full with TARGET2, the auction was technically a failure. mehr bei zerohedge.com

worldspy - 23.04.12 20:04 Via Simon Black of Sovereign Man blog,
[Editor's note: Tim Price, a frequent Sovereign Man contributor and Director of Investment at PFP Wealth Management in London, is filling in for Simon today.]
Roy Ward Baker’s 1958 classic film A Night To Remember, recounts the final night of the RMS Titanic based on survivor interviews from Walter Lord’s... mehr bei zerohedge.com

worldspy - 20.04.12 15:05 Back in July of last year, before it was even remotely acknowledged (and in fact it was roundly denied) that Greece would set a debt haircut precedent, which despite all the rhetoric has merely given all the other PIIGS ideas about debt haircuts of their own (and how to achieve these as fast as possible), Zero Hedge was the first media outlet to... mehr bei zerohedge.com