RSS Zero Hedge

  • Need A Jumbo Jet? China's E-bay Can Help You With That... November 23, 2017
    In a first for not just China, but the entire world, Alibaba's online auction website, Taobao, has successfully auctioned off two Boeing 747-400 jumbo jets for a combined $49 million.  The jets were bought by Chinese cargo airline SF Airlines after they were seized by courts during Jade Cargo's bankruptcy proceedings in 2013.  According to […]
    Tyler Durden
  • The Saudi System And Why Its Change May Fail November 23, 2017
    Via Moon Of Alabama blog, The Saudi clown prince Mohammad Bin Salman is an impulsive tyrant. But what accounts for his urge to purge the country of any potential competing power center? Why does he run a such an activist foreign policy? The answer might be Iran. Not Iran the country, but Iran the system. […]
    Tyler Durden
  • India's $207 Billion Mess Is Once-In-A-Lifetime Opportunity For Asia's Richest Banker November 23, 2017
    In October, we discussed Indian Prime Minister, Narendra Modi’s, decision to hand over $32bn to recapitalise India’s state banks. The motivation was India’s slowing growth rate and the need to add one million Indians to the workforce every month. Crippled by massive bad debts, the state-owned banks were struggling to extend more credit to the […]
    Tyler Durden
  • Thanksgiving: Celebrating The Birth Of American Free Enterprise November 23, 2017
    Authored by Richard Ebeling via The Mises Institute, This time of the year, whether in good economic times or bad, is when Americans gather with their families and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make a new […]
    Tyler Durden
  • Labor Market Conundrum: Number Of Millennials Living At Home With Mom Continues To Surge November 23, 2017
    Nary a day goes by that President Trump and/or the talking heads on CNBC fail to mention the following unemployment chart as evidence that "everything is awesome" with the U.S. economy... ...which might be true unless you're among the 95 million-ish Americans who have been looking for a job for so long that you no […]
    Tyler Durden
  • THaNKSGiViNG 2017 November 23, 2017
  • The Real Winner In America's Russia Crisis Is China November 23, 2017
    Authored by Leon Hadar via The Strategic Culture Foundation, The continuing American obsession with Russia plays directly into Beijing's hands and makes it less likely that Washington will develop an effective strategy to deal with China... When thinking about male-pattern baldness, what comes immediately to mind? Genetics? Thanks for this, grandad. But then I conducted […]
    Tyler Durden
  • Unsealed Fusion GPS Bank Records Reveal $523K Payment From Russian Money Launderer November 23, 2017
    Submitted by at Unsealed court documents reveal that the firm behind the salacious 34-page Trump-Russia Dossier, Fusion GPS, was paid $523,000 by a Russian businessman convicted of tax fraud and money laundering, whose lawyer, Natalia Veselnitskaya, was a key figure in the infamous June 2016 meeting at Trump Tower arranged by Fusion GPS associate Rob Goldstone. In […]
    Tyler Durden
  • Signs Of The Top? Chinese Demand For 10x Levered Structured Products Surges In US... Again November 23, 2017
    In the run up to the 'great recession' of 2008/2009, it was unsuspecting European and Asian buyers that supplied the marginal capital required to turn America's plain vanilla, fed-induced housing bubble into a turbo-charged, global financial time bomb by indiscriminately scooping up highly-levered structured mortgage products with absolutely no idea what was behind those products. […]
    Tyler Durden
  • The Cardinal Sin Of International Finance November 23, 2017
    Authored by Nick Giambruno via, As Doug Casey has correctly noted, the prime directive of any organism - whether it’s an amoeba or a person or a corporation or a government - is to survive. That’s why the US government protects the petrodollar so zealously. It needs the system to survive. Why Everyone Uses […]
    Tyler Durden