A Palace For Fannie (Mae) - Why The Imperial City Must Be Sacked

A Palace For Fannie (Mae) - Why The Imperial City Must Be Sacked

By David Stockman
Posted June 20, 2016

Fannie Mae is living proof that massive state intervention in credit markets is a recipe for disaster. But rather than shut it down, there are plans to move headquarters to a flashy new glass palace in the heart of Washington DC. David Stockman reports…

New BREXIT Poll, Excites Risk Assets

New BREXIT Poll, Excites Risk Assets

By Chuck Butler
Posted June 20, 2016

The latest BREXIT poll showed the “don’t leave” vote in the lead, and the pound took off to higher ground, posting the best performance of the night, with Japanese yen in a close second. Chuck Butler reports in today’s Pfennig…

China Must Follow Japan to Survive

China Must Follow Japan to Survive

By Richard Duncan
Posted June 17, 2016

Richard Duncan shows you why China could plunge into full depression unless it copies Japan…

China: Heading for a Great Depression?

China: Heading for a Great Depression?

By Brian Maher
Posted June 17, 2016

Brian Maher explains why global recession looms once again, and why the world’s central banks are running out of tools…