Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. You can pull sub-categories from this feed by adding a ?tags=a,b,c,... style parameter. The category tags (which can be given as numbers or handles) are : id handle category description 1 housing_finance "Housing Finance News/ML-Implode Main" 2 hedge_funds "Hedge Funds News" 3 fed "The Fed, Central Banking and fin. reg." 4 foreclosures "Foreclosures (News)" 5 chavez "Hugo Chavez Watch (News)" 6 builders "Home Builders News" 7 banks "Banks News" 8 credit_bubble "Credit Bubble and Crash (News)" 9 peak_oil "Peak Oil and Energy Security (News)" 10 BRIC_v_us "BRIC countries vs. U.S. (News)" 11 gov_bk "Government Bankruptcy (News)" 12 mediawatch "Mainstream Media Watch" 13 Our commentary "IEHI Original Commentary" 14 rebalancing "Economic Rebalancing (News)" 15 pm "Precious Metals News" 16 inflation "Inflation and Deflation News" 17 nr "Natural Resources News" 18 consumer "Consumer Capitulation/Issues and Populism" 20 pe "Private Equity Implosion (News)" 21 recession "Recession/depression News" 22 ML_implosion "Mortgage Lender IMPLOSIONS" 23 HF_implosion "Hedge Fund IMPLOSIONS" 24 HB_implosion "Home Builder IMPLOSIONS" 25 Bank_implosion "Bank IMPLOSIONS" 26 ML_update "Mortgage Lender UPDATES" 27 HF_update "Hedge Fund UPDATES" 28 HB_update "Home Builder UPDATES" 29 Bank_update "Bank UPDATES" 30 RFWS "Radio Free Wall Street" 31 FHA "FHA and Mtg Regulation (News)" 32 martial_law "Martial Law/Big Brother/NWO Watch" 33 pension "Retirement Implosion (News)" 34 mtgindustry "Mortgage Industry (News)" 35 econlists "Econ insider lists" 36 iehi_fb "IEHI facebook feed" 37 robin_fb "robin facebook" 38 IEHItwitter "IEHI Twitter Feed" 39 ak_linkedin "akrowne LinkedIn (mtg industry)" en-us iehi-feed-56545 Tue, 21 Apr 2015 12:29:44 GMT Stunned Greeks React To Initial Capital Controls And The "Decree To Confiscate Reserves", And They Are Not Happy iehi-feed-56544 Tue, 21 Apr 2015 00:02:04 GMT The Mystery of China's Gold Stash May Soon Be Solved iehi-feed-56543 Mon, 20 Apr 2015 23:59:15 GMT Russia Returning to Gold With Biggest Purchases in Six Months iehi-feed-56542 Mon, 20 Apr 2015 23:45:04 GMT Caveat creditor as IMF chiefs mull unpayable debts The International Monetary Fund has sounded the alarm on the exorbitant levels of debt across the world, this time literally... A baby boom and surging work-force enabled us to grow out of debt in the 1950s and 1960s without noticing it. No such outcome looks plausible today...

The report warned of a "persistent reduction" in the global growth rate since the Great Recession of 2008-2009, with no sign yet of a return to normal. "Lower potential growth will make it more difficult to reduce high public and private debt ratios," it said... the Fund's underlying message is that sky-high debt ratios and old-age populations are a dangerous mix, leaving the world prone to the "Japanese" diseases of deflation and atrophy.


[The notion of default] touches a raw nerve, for that is more or less what may happen within weeks if an angry Greece - aggrieved at the way it was sacrificed to save Europe's banks in 2010 - becomes the first developed country to miss a payment to the IMF, and perhaps the first of a long string of debtor-nations to turn the tables on their foreign creditors. Athens is where it all begins.

We would also add, the debt itself is probably suppressing global growth, but you won't see central bankers admit this (yet, all this observation requires is the leap of faith that diminishing returns in GDP with each additional dollar of debt eventually go to zero GDP/additional debt, and perhaps negative).

iehi-feed-56541 Mon, 20 Apr 2015 20:26:07 GMT "NO INFLATION" WATCH: NJ Transit proposes 9% fare hike iehi-feed-56540 Mon, 20 Apr 2015 20:22:23 GMT Volcker urges sweeping regulatory reform "We urge Congress, the administration, existing regulatory agencies, and financial institutions themselves to step up to the needed debate and set out an agreed framework for reform suitable for the 21st Century," said Volcker, the founder and chairman of the Volcker Alliance, a nonpartisan, nonprofit organization.

The system for regulating financial institutions in the United States is "highly fragmented, outdated, and ineffective," said the group's new report, "Reshaping the Financial Regulatory System," which was released at a National Press Club event.

The plan urges lawmakers to establish an oversight group, run by the Federal Reserve, with responsibility for all significant financial reform.


A major change the Volcker report advocates is combining the Securities and Exchange Commission, the main regulator of securities, and the Commodity Futures Trading Commission, which oversees futures and options, into a new regulator designed to better protect investors.

Other key suggestions from the report include establishing a new independent agency, the Prudential Supervisory Authority, that has a strong link to the Federal Reserve, and moving the Office of Financial Research out of the Treasury Department.

The slight flaw we find in this is that it still puts the Fed in charge -- in fact, even moreso. But the Fed is the main agitator in creating serial credit bubbles, and being structurally blind to regulatory reforms and enforcement that needs to be applied, when it needs to be applied (in other words, the Fed itself is "pro-cyclical", when an institution that is capable of being counter-cyclical is needed).

iehi-feed-56539 Mon, 20 Apr 2015 20:15:26 GMT Wal-Mart workers: Store closings due to plumbing are 'retaliatory' iehi-feed-56538 Mon, 20 Apr 2015 15:59:06 GMT Greece Moves to Seize Public-Sector Funds as IMF Payment Due iehi-feed-56537 Mon, 20 Apr 2015 15:43:08 GMT Why China's RRR cut reeks of desperation iehi-feed-56536 Mon, 20 Apr 2015 15:29:03 GMT You Do Need A Weatherman - Steve Keen iehi-feed-56535 Mon, 20 Apr 2015 15:17:26 GMT China's Xi Jinping to unveil $46bn super highway to Pakistan iehi-feed-56534 Mon, 20 Apr 2015 15:05:06 GMT China cracks down on golf, the 'sport for millionaires' iehi-feed-56533 Mon, 20 Apr 2015 15:02:16 GMT China's Authorities Attempt to Prick Stock Bubble iehi-feed-56532 Mon, 20 Apr 2015 14:59:34 GMT Draghi Tells Euro Shorts To "Make His Day" (Again) iehi-feed-56531 Mon, 20 Apr 2015 14:57:51 GMT World Braces for Taper Tantrum II Even as Yellen Soothes Nerves iehi-feed-56530 Mon, 20 Apr 2015 01:33:57 GMT Eurasia as we (and the U.S.) knew it is dead - Pepe Escobar iehi-feed-56529 Mon, 20 Apr 2015 01:22:00 GMT Tomgram: Laura Gottesdiener, Another Round of Detroit Refugees? iehi-feed-56528 Sun, 19 Apr 2015 04:07:29 GMT Doug Noland: Horrible Risk Versus Reward iehi-feed-56527 Sun, 19 Apr 2015 04:01:55 GMT Unsound Banking: Why Most of the World's Banks Are Headed for Collapse iehi-feed-56526 Sun, 19 Apr 2015 03:58:36 GMT Rickards: Oil -- The good, the bad and the ugly