Broad Oak Magazine

Karl Denninger "does the math" and reckons that as Americans retrench, the economy will contract far more yet - at least 20% in t...

On The Big Picture , a rude but concise video by Neal Fox about the Federal Reserve. As his catchy song points out, its existence defies the...

Fire insurance claims. You'll recall that Ankh-Morpork burned down when the Tourist introduced an innkeeper to fire insurance. But it...

Shagang , the Chinese steel company owned by self-made billionaire Shen Wenrong, is raising its prices, according to Steel Business Briefing...

Marc Faber's latest interviews on Bloomberg and CNBC show him estimating the recession to last "2, 5, 10 years". He also says ...

Karl Denninger crunches the numbers: in the last 8 years, US GDP has increased by $14 trillion, but debts by $23 trillion, so effectively a...

In recent years, the Bonfire Night (November 5th) celebrations began weeks early - rockets and bangers aplenty every night - in fact, evenin...

I've said more than once, including in my latest letter to the Spectator, the notion that the East is going to suffer from the slump as ...

Recession is here, warns Item Club UPDATE: Britain surrounded by water. More on the main news bulletin, next.

Jim in San Marcos envisages eventual interest rate rises worldwide, to 10-15%. Commenting on the preceding post, Nikolay disagrees and James...

And so tour operator XL goes down, as City Unslicker warned. But from the pile of horse-puckey that is BBC News gleams a speck of gold: advi...

Jesse passes on a report from China Daily about China's decision to diversify out of dollar-denominated assets, and he notes that Japan...

HBOS (aka the Halifax) has caught up with me : Britain’s credit crunch will last for at least another 18 months, according to the head of th...

Mish reckons there will be - is - a global slowdown and credit contraction, savings will increase, and bond yields and interest rates will r...

The "Pathfinder" project for urban renewal has come in for some criticism, because so far it's meant a net loss of 9,000 home...

Official figures going back to 1963 show that bank lending has NEVER stopped increasing. Lowest: 1.1% annualised, for the quarter ending 31...

A paper from the Levy Economics Institute is arguing (at least theoretically) for an extra US fiscal stimulus of 4% of GDP . That's $600...

TV ad tonight: Woolworths children's jeans £2 . I said, you wouldn't have got a zip for £2 a few years ago. (So many Birmingham kids...

Karl Denninger says house prices over the last 100 years have averaged three times income. What's the implication for us? This BBC surv...

Safe Haven features an article by "Randy", who predicts that the American economy will go haywire. The good news is that, within a...