26 February, 2016 by The TZ Newswire Staff Comments Off on Hypocrisy Defined: Hank Paulson Tells China "Let Failing Companies Fail"
Hypocrisy Defined: Hank Paulson Tells China "Let Failing Companies Fail"
“Do as I say, not as I do” is the clear message of hypocrisy spewed forth by former US Treasury Secretary Henry Paulson this week. Having presided over the largest redistriubution of taxpayer funds to bailout the banking system, while exclaiming fire and brimstone should they not be saved, he now has some advice for an over-levered, over-capacity, systemically-stymied China – “let failing companies fail.”
Some other Paulson comments:
26 February, 2016 by The TZ Newswire Staff Comments Off on Instant Analysis: McDonald’s Reverses Itself On 2 for $2 Meal
Instant Analysis: McDonald’s Reverses Itself On 2 for $2 Meal
Mickey D’s pulled its 2 for $2 menu in favor of a 2 for $5 option. It was a surprising move but it could pay off.
26 February, 2016 by The TZ Newswire Staff Comments Off on How The Seeds Of Revolution Take Root
How The Seeds Of Revolution Take Root
Submitted by Charles Hugh-Smith via PeakProsperity.com,
That the dramatic upheavals of war, pestilence and environmental collapse can trigger social disorder and revolution is well-established. Indeed, this dynamic can be viewed as the standard model of social disorder/revolution: a large-scale crisis—often a bolt-from-the-blue externality—upends the status quo.
26 February, 2016 by The TZ Newswire Staff Comments Off on Student Debt Exceeds $1 Trillion. Is College Worth the Investment?
Student Debt Exceeds $1 Trillion. Is College Worth the Investment?
Why pay for college when you can get paid? Well, it depends.
26 February, 2016 by The TZ Newswire Staff Comments Off on Week in Review – Bull Trap on the Radar – Short-Term BUY for Dollar
Week in Review – Bull Trap on the Radar – Short-Term BUY for Dollar
The market consolidated today, likely taking a pause to prepare for more decline. Even with some resistance levels at February highs being overcome, not everyone is participating which tells me to be on the lookout for a bull trap. Scoreboards remain unchanged. They highlight the short-term rising trend the market is in, but overall internal weakness abounds on the major
26 February, 2016 by The TZ Newswire Staff Comments Off on Presenting America’s Own "Ghost Cities"
Presenting America’s Own "Ghost Cities"
We’ve written quite a bit about the decline of America’s once proud manufacturing industry which is now but a shadow of its former self and long ago ceded its place in the public’s heart and mind to the service industry, as US citizens are far more concerned with whether they can get a $6 latte than with whether the economy provides enough breadwinner jobs to keep the majority of the population from having to… well, serve $6 lattes for a living.
And if it was already bad, it’s getting worse.
26 February, 2016 by The TZ Newswire Staff Comments Off on The Week in Review for Financial Markets 2 26 2016 (Video)
The Week in Review for Financial Markets 2 26 2016 (Video)
By EconMatters
A positive week for risk assets, we consolidated recent gains and even finished the week higher in most risk assets. Gasoline had a stellar week, and points to a bottom in the Oil Market.