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Money Watch

Reuters | Oil prices roared back from six-year lows on Friday, rocketing more than 8 percent as a record weekly decline in U.S. oil drilling fueled a frenzy of short-covering.

Business Insider | McDonald’s is going to start accepting a new form of payment next week.

Zero Hedge | In case it is still unclear what Americans are spending their “gas sasvings” on, here it is one more time.

CNS News | One in five children, or 21.7 percent, received food stamps in 2014.

Zero Hedge | The Baltic Dry Index plunged over 5% today to 632.

Michael Snyder | We are the generation that gets to witness the end of the American Dream.

Michael Snyder | The signs of the times are everywhere – all you have to do is open up your eyes and look at them.

Mac Slavo | But there’s a lot more going on with oil on a geo-political scale than can be pumped into a 30-second propaganda soundbite.

Michael Krieger | The Treasury-created market has benefited a few savvy investors, while saddling taxpayers with a loss.

CNS News | The United States does not rank among the Top 10 countries in the world for economic freedom.

Zero Hedge | Today we got further evidence that Tsipras will substantially realign his country’s national interest away from the west and toward… the east.

Zero Hedge | “I think equity markets will get devastated,” warns famed $12bn AUM hedge fund manager Crispin Odey in his latest letter to investors.

Michael Snyder | We are really starting to see the price of oil weigh very heavily on the economy and on the stock market.

Michael Snyder | A lot of ultra-rich people are quietly preparing to “bug out” when the time comes.

Zero Hedge | The Dow is now down 360 points on the day – its biggest point drop in 19 months.

Ron Paul Institute | We can heartily praise Alexis Tsirpras for calling bull on the destructive puzzle palace economics thrust on his country by the hypocrites and liars who rule from Brussels.

Sputnik | Relations between Moscow and Tehran are actively developing, according to Iranian ambassador, so the two countries are planning to trade in national currencies.

UK Daily Mail | Thousands of British jobs are at risk as technology giant IBM is reported to be preparing to cut a quarter of its workforce in the biggest corporate staff cull in history.

Michael Snyder | Does a mystery that is 3,500 years old hold the key to what is going to happen to global financial markets in 2015?

Charles Hugh-Smith | The policy of safeguarding Boomer benefits with asset bubbles will lead to the destruction of the unprepared, the unwary and those who foolishly trusted our “leadership” and central bank to tell them the truth.

Michael Snyder | Radical leftists have been catapulted to power in Greece, and that means that the European financial crisis has just entered a dangerous new phase.

Zero Hedge | Over two years ago, we first highlighted Yanis Varoufakis’ perspectives on the destruction of Greece and Europe’s bogus growth pacts.

Zero Hedge | Biggest 2-day drop in the Yuan against the USDollar since 2008.

Zero Hedge | Following the deaths of 36 bankers last year, 2015 has got off to an inauspicious start.

LA Times | Over the last two years, street encampments have jumped their historic boundaries in downtown Los Angeles.

Zero Hedge | The global central bank balance sheet is even more concerning.

The Daily Sheeple | The price still seems ridiculously low for most gold bugs.

New American | The real purpose of it was to benefit the Communist Party regime ruling mainland China.

Zero Hedge | Because nothing says sell precious metals in huge size like another central bank printing a trillion dollars…

Washington Free Beacon | NIH project studied ‘arousal’ of gay men when using Grindr.

Reuters | Oil prices jumped in early Asian trading Friday.

Mac Slavo | All over the world central banks are printing money.

Mike Krieger | If you listened closely this morning, you could hear humanity vomit as JP Morgan CEO, Jamie Dimon, began to speak at Davos.

Michael Snyder | The long-anticipated collapse of the euro is here.

Kit Daniels | Scheme would allow government to confiscate money at will.

Anthony Gucciardi | José “Pepe” Mujica isn’t your average president.

Zero Hedge | Lumber prices are the most correlated with ISM and GDP of all industrial commodities.

Zero Hedge | Day after day, mainstream media proclaimed December the month to be in stocks.

CNN Money | “When we’re insulted, and when we’ve had an image, then I think we’ll have to sue…”

Reuters | Global oil prices have tumbled almost 60% since June.

AP | Will Texas enter a recession in 2015?

Reuters | Is the bubble about to pop?

Zero Hedge | Sounds like Spain, Greece, and USA’s previous derision over ratings agencies proclamations is heading east.

MarketWatch | Fresh fall in Chinese home prices also weighs on markets.

Al-Jazeera America | Americans struggling to survive in the Obama regime.

AFP | Share of global wealth keeps increasing.

Reuters | For the middle class the scars of the recession still run deep…

Market Watch | Rent inflation reached 3.4%.

Zero Hedge | Without the Fed’s visible hand manipulating markets every day, banks are a ticking time bomb just waiting to blow.

The New American | Agency says it won’t be able to help most taxpayers figure out how to comply with the massive healthcare law.

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