Student Loan Bubble Forces Yale And Pennsylvania University To Sue Their Own Students

- Student Loan Bubble Forces Yale, Penn To Sue Their Own Students (ZeroHedge, Feb 5, 2013): We have not been shy about exposing the massive (and unsustainable) bubble of credit being blown into the economy via Student Loans from the government. We have not been afraid to note the dramatic rise in delinquencies among these [...] continue reading world news

Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow

- Argentina Freezes Supermarket Prices To Halt Soaring Inflation; Chaos To Follow (ZeroHedge, Feb 5, 2013): Up until now, Argentina’s descent into a hyperinflationary basket case, with a crashing currency and loss of outside funding was relatively moderate and controlled. All this is about to change. Today, in a futile attempt to halt inflation, the [...] continue reading world news

Bankrupt, Decaying And Nearly Dead: 24 Facts About The City Of Detroit That Will Shock You

- Bankrupt, Decaying And Nearly Dead: 24 Facts About The City Of Detroit That Will Shock You (Economic Collapse, Feb 3, 2013): If you want to know what the future of America is going to be like, just look at the city of Detroit.  Once upon a time it was a symbol of everything that [...] continue reading world news

Bank Of Italy Caught Lying About Imploding Monte Paschi, Counters With Even More Ridiculous Lies

- Bank Of Italy Caught Lying About Imploding Monte Paschi, Counters With Even More Ridiculous Lies (ZeroHedge, Feb 4, 2013): One half of the reason why the “market” has finally been reacquainted with gravity is its realization that the previously reported Spanish kickback scandal, which incidentally has been known for over two weeks to most [...] continue reading world news

Former Iranian Central Bank Head Tahmasb Mazaheri Caught Smuggling $70 Million Bank Of Venezuela Check Into Germany

- Former Iranian Central Bank Head Caught Smuggling $70 Million Bank Of Venezuela Check Into Germany (ZeroHedge, Feb 3, 2013): A week ago we described the sad tale of one Mahmoud Bahmani, who until recently supervised the unilateral destruction of the Iranian Rial, which on Friday just hit an all time low against the dollar [...] continue reading world news

Time Inc. To Slash Hundreds Of Jobs

- Time Inc. to slash hundreds of jobs (The Raw Story/AFP, Jan 30, 2013): Time Inc. said Wednesday it was cutting several hundred jobs as the US publishing giant streamlines to adapt to a “multi-platform” media landscape. Laura Lang, chief executive at the media unit of Time Warner, said the group was “beginning the painful [...] continue reading world news

Italy Crashes Most In Six Months Despite EURUSD Strength

- Italy Crashes Most In Six Months Despite EURUSD Strength (ZeroHedge, Jan 30, 2013) continue reading world news