Broad Oak Magazine

Jesse discusses recent comments by Japanese economist Yukio Noguchi, predicting national bankruptcy and hyperinflation (the IMF reckons the ...

"People want to kill somebody, but they don't know who to shoot at" ...

Jesse reports on another big bank about to go down; Karl Denninger speculates that the FDIC is colluding in the cover-up of widespread ban...

It begins; dig out the loon pants and beads. "If you're going to San Franciscooooo..." Mr Schwarzenegger also issued an execu...

Scott Burns at MSN Money ( htp: Michael Panzner ) calculates that unfunded government programs for social security and Medicare ($46 trilli...

J. S. Kim (htp: Jesse) considers the $700 trillion derivatives market (worth maybe 23 times all the stockmarkets in the world), and notes t...

Karl Denninger notes that there is heavy betting that GE, the world's tenth largest company , will fail by summer.

( source ; htp: footnoted.org )

Lord Myners has been criticised for telling the truth too early, i.e. 3 months after the general public could have done anything to save the...

“Good morning, Bank. Customer here.” “Er, good morning...” “I’ve been looking at your account with me –“ “I was going to give you a call...”...

In 'Great Expectations', Charles Dickens wrote: "Annual income 20 pounds, annual expenses twenty pounds and sixpence, result mi...

Two more US banks have just failed , bringing the total this year to 19: The FDIC estimates that through 2013 there will be about $40 billio...

Marc Faber : There are two possibilities. Banks go under and the stakeholders are left with nothing, as is the case with Lehman Brothers, or...

And Rob Mackrill in today's email edition of The Daily Reckoning reveals that Britain has problems that, relative to the size of our eco...