The BRICS Countries Just Launched a Rival to the IMF and the World Bank
The bank’s opening comes two weeks after a BRICS summit hosted by Russian President Vladimir Putin.
by AFP

Central Banks and Our Dysfunctional Gold Markets
Central banks are manipulating gold markets.
by Marcia Christoff-Kurapovna
Medicare Paid Out ‘Improperly’ $60Bln in 2014
US government has documented massive financial abuses.
by Sputnik

Greek Debt Crisis Shakes US Citizens' Confidence in National Economy – Poll
Last week’s uncertainty took its toll on US citizens’ confidence in their own economy.
by Sputnik
57% of Americans see the US economy "getting worse"
Slump in confidence continues.
by News Forage

Massive Paper Gold Manipulation
$2.7 billion dollars in paper gold dumped on the market Sunday night.
by Investment Watch
China Finally Reveals How Much Gold It Has
They want to keep prices low so they can keep accumulating more.
by Joshua Krause


Goldman Sachs' bankers set to share £5.3BILLION in pay and bonuses despite profits slump
US-based investment bank made £670million in the three months to the end of June but that was down by 53% on the same period last year.
by Graham Hiscott
McDonald's Franchisees are Terrified for the Future
Six-month outlook for McDonald’s business is the worst in the 12-year history of new survey.
by Hayley Peterson

How Student Loans Create Demand for Useless Degrees
A degree may not be the great deal many higher-education boosters seem to think it is.
by Josh Grossman
Rand Paul Suit Blasts Foreign Banking Rules
Banking laws for overseas accounts amount to a “financial surveillance program,” presidential candidate alleged.
by Lorraine Bailey

The Broken Window Fallacy and "Blessings" of Destruction in the Real World
Destruction may boost income in the short run, but reduce a society’s net amount of wealth.
by Matt Palumbo

Draining the U.S. Treasury: Cost of War in Afghanistan Hits $4 MILLION PER HOUR
Total price tag since 2001 more than seven-hundred billion.
by Investment Watch
Small Business Optimism Crashes To 15 Month Lows
CFOs are “quite concerned about growth cycles over the next six months to a year”
by Zero Hedge