Broad Oak Magazine

Charles Hugh Smith points out that in some areas , property values have already dropped by over 70% from their heady 2006 peak.

All the shares of a single stock are valued at the price it last traded at. Sounds a little like how it used to work in the housing market. ...

4.10 p.m. BST today: a couple of Labour canvassers come to the door. - We're from the Labour Party, can we count on your support? - No. ...

This picture from Shoreditch, London, is doing the rounds via email. It encapsulates the state of Britain today: the pettiest arbitrary reg...

Denninger points out that if interest rates return to normal, two-thirds of taxes will go out to pay the rent on the debt. He urges default ...

Money, since it is the lifeblood of economy and politics, sheds light on the Grand Plan of our would-be masters. Part of that plan is to per...

Went to see Rory Bremner at the Warwick Arts Centre last night. Funny hour of one-man stand-up, then panel time: the president of the Studen...