Next week doesn’t look great, folks. I’m just sorta digging out from under last week’s workload, and I noticed that a couple of more banks are now warning that, “hey, maybe loaning all that money to people who couldn’t pay it back DOES have a negative consequence.” Subprime lending, the little engine that could [Continue]

Well, anyone who wasn’t long the equity markets(or the precious metals!) this week, was probably enjoying a healthy dose of shadenfraude. To anyone who was wiley enough to be SHORT these markets is probably laughing all the way to the bank. Unfortunately, although fuBarrio has been calling for a collapse for the better part of a year, [Continue]