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Civil Asset Forfeiture: The Final Stage Of Collapse Of Empire

Submitted by Martin Armstrong via Armstrong Economics, Only the Rich Can Afford to Keep Their Homes Philadelphia prosecutors agreed last Thursday to halt efforts to seize the homes of two of the lead plaintiffs in a widely publicized federal suit challenging the city’s use of civil forfeiture laws in drug cases. Show More Summary

The Keynesian End Game Crystalizes In Japan’s Monetary Madness

Submitted by David Stockman via Contra Corner blog, If the BOJ’s mad money printers were treated as monetary pariahs by the rest of the world, it would at least imply that a modicum of sanity remains on the planet. But just the opposite is the case. Show More Summary

Future Shock - The Unsustainable Often Ends Abruptly

Submitted by Adam Taggart via Peak Prosperity, Here at the penultimate chapter of The Crash Course, everything we've learned comes together into a single narrow range of time we'll call the twenty-teens. What this chapter offers is a...Show More Summary

Daily Inspiration #1959

This post is part of our daily series of posts showing the most inspiring images selected by some of the Abduzeedo's writers and users. If you want to participate and share your graphic design inspiration, You can submit your imagesShow More Summary

Putin: It Is Time To Play Your Ace In The Hole

Submitted by Ron Holland via The Daily Bell, You've got to know when to hold 'emKnow when to fold 'emKnow when to walk awayAnd know when to runYou never count your moneyWhen you're sittin' at the tableThere'll be time enough for countin'When...Show More Summary

Drilling Cutbacks Mean Service Companies Forced To Scrap Rigs

Submitted by Nick Cunningham via, Despite the decline in oil prices, the U.S. is expected to boost production by 300,000 barrels per day in 2015, up to a yearly average of about 9.3 million barrels per day, according to the most recent government estimates. Show More Summary

Saudi Arabia Ready For $20, $30, $40 Oil

Submitted by Colin Chilcoat via, Brent crude and West Texas Intermediate (WTI) fell 2 and 3.3 percent respectively to start the week and Saudi Arabia is prepared to go much lower in a bid to trim the fat. Oil Minister Ali al-Naimi said as much in an interview with the Middle East Economic Survey on Monday. Show More Summary

Guest Post: We Just Enjoyed the Last Christmas In America

Submitted by Charles Hugh-Smith of OfTwoMinds blog, The end of rising wages = the end of mass affluence: we just enjoyed the Last Christmas in America (TLCIA). As unemployment topped 10%, the January 1975 cover of Ramparts magazine blared: The End of Affluence: The Last Christmas in America. Show More Summary

Russia, China, Or America? "An Oppressed People Ruled By Others For Others"

Submitted by Thad Beversdorf via First Rebuttal blog, “I’ve long thought that he has pursued a pre-World War Two course which could only end badly – a course in which his power is maximized by crushing internal opponents, expanding empire and using the military to frighten neighboring countries into submission.”, writes John Lloyd of Reuters. Show More Summary

Daily Inspiration #1958

This post is part of our daily series of posts showing the most inspiring images selected by some of the Abduzeedo's writers and users. If you want to participate and share your graphic design inspiration, You can submit your imagesShow More Summary

Correcting Scrooge’s Economics

Submitted by Ryan McMaken via Mises Institute, As Charles Dickens himself admits, Ebenezer Scrooge is a thoroughly peaceful man, guilty of no true crime, who has robbed no one. Therefore, we must conclude that his wealth is a sign of...Show More Summary

Birthdays Near Christmas SUCK

Birthdays Near Christmas SUCK 2:23 Please give generously to benefit those wretched souls who were born near Christmas Submitted by: michaelbusch Regular Keywords: christmas birthday holiday presents sketch parody party Views: 786

The Christmas Hope: A To-Do List for a Better World

Submitted by John W. Whitehead via The Rutherford Institute, “The Christmas hope for peace and good will toward all men can no longer be dismissed as a kind of pious dream of some utopian. If we don’t have good will toward men in this world, we will destroy ourselves by the misuse of our own instruments and our own power. Show More Summary

Make No Mistake, The Oil Slump Is Going To Hurt The US Too

Submitted by Marin Katusa via Casey Research, If you only paid attention to the mainstream media, you’d be forgiven for thinking that the US is going to get away from the collapse in oil prices scot free. According to popular belief,...Show More Summary

The Dangerous Economics of Shale Oil

Submitted by Dave Fairtex via Peak, For years, we've been warning here at that the economics of the US 'shale revolution' were suspect. Namely, that they've only been made possible by the new era of 'expensive' oil (an average oil price of between $80-$100 per barrel). Show More Summary

The Keynesian Desperation Regarding 1920-21 Is Now Embarrassing

Submitted by Robert Murphy via Mises Canada, In a previous post, I discussed the newfound interest in the United States’ depression of 1920-21 because of Jim Grant’s book. As I explained in my post, Grant is following in the tradition of several free-market writers (including me) who think the 1920-21 depression shows the flaws in Keynesian thinking. Show More Summary

50 Numbers From 2014 That Sound Fake But That Are Actually Real

Submitted by Michael Snyder via The End of The American Dream blog, 2014 was quite a bizarre year, wasn’t it? The past 12 months brought us MH370, Ebola, civil war in Ukraine, civil unrest in Ferguson, the rise of ISIS and the fall of the Democrats in the midterm elections. Show More Summary

We Live In A New World And The Saudis Are The First To Get It

Submitted by Raul Ilargi Meijer via The Automatic Earth blog, There are many things I don’t understand these days, and some are undoubtedly due to the limits of my brain power. But at the same time some are not. I’m the kind of person who can no longer believe that anyone would get excited over a 5% American GDP growth number. Show More Summary

The North Korea-approved 2015 TV grid

The North Korea-approved 2015 TV grid Now that North Korea runs Hollywood, television is going to look a bit different in the new year... Submitted by: ARPerl Regular Keywords: The Interview Sony The Hack Seth Rogen James Franco North Korea Kim Jong-Un Kim Jong Un Dennis Rodman Views: 1,358

Did The Saudis And The US Collude In Dropping Oil Prices?

Submitted by Andrew Topf via, The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through...Show More Summary

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