Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-55250 Mon, 20 Oct 2014 23:32:02 GMT ‘Forward guidance' marches global economy backwards - Satyajit Das iehi-feed-55246 Sun, 19 Oct 2014 18:53:00 GMT Foreclosures Rising 1st Time in 3 Years, Says RealtyTrac - Mandelman iehi-feed-55243 Sat, 18 Oct 2014 15:01:43 GMT The Chinese in Africa: Empire builders or new pioneers? iehi-feed-55242 Sat, 18 Oct 2014 14:54:18 GMT ISIS fighters withdraw from Syria's embattled Kobani iehi-feed-55241 Sat, 18 Oct 2014 14:53:23 GMT Europe will reconcile with Russia, and soon. It can't afford not to After months of escalating tensions over Ukraine and talk of a new cold war, Russia and the West could soon reach a surprising rapprochement. The eurozone economy is suffering badly and sanctions against Russia are partly to blame. Winter is also upon us, and that reminds every-one Vladimir Putin still holds the cards when it comes to supplying gas.

The clincher, though, is that Ukraine is heading towards financial meltdown. Unless an extremely large bailout is delivered soon, there will be a default, sending shockwaves through the global economy. That's a risk nobody wants to take -- least of all Washington, London or Berlin.

iehi-feed-55237 Thu, 16 Oct 2014 22:57:22 GMT 26 arrested outside Walmart billionaire's New York home iehi-feed-55236 Thu, 16 Oct 2014 19:33:16 GMT Gold Imports by India Seen Rising More Than Fourfold Last Month iehi-feed-55233 Thu, 16 Oct 2014 16:03:13 GMT Future SHOCK for Older Homeowners: You Won't Get a HELOC, a Second, or Refi based on your Equity | Mandelman Matters iehi-feed-55232 Thu, 16 Oct 2014 15:57:42 GMT The Depressing Signals the Markets Are Sending About the Global Economy iehi-feed-55229 Wed, 15 Oct 2014 21:26:32 GMT Wells Fargo employee emails CEO asking for a $10K raise, CC'd to the entire company iehi-feed-55228 Wed, 15 Oct 2014 19:04:31 GMT EU to Consider Lifting Sanctions on Russia This Month EU risks €40bn hemorrhage from Russia sanctions in 2014.]]> iehi-feed-55227 Wed, 15 Oct 2014 19:02:40 GMT All That Is Broken With The US Financial System In One Chart iehi-feed-55226 Wed, 15 Oct 2014 19:01:11 GMT Fighting back, First Majestic delays sale of silver amid price weakness iehi-feed-55224 Wed, 15 Oct 2014 18:55:24 GMT Americans face post-foreclosure hell as wages garnished, assets seized Many thousands of Americans who lost their homes in the housing bust, but have since begun to rebuild their finances, are suddenly facing a new foreclosure nightmare: debt collectors are chasing them down for the money they still owe by freezing their bank accounts, garnishing their wages and seizing their assets.

... The two big government-controlled housing finance companies, Fannie Mae and Freddie Mac, as well as other mortgage players, are increasingly pressing borrowers to pay whatever they still owe on mortgages they defaulted on years ago.

Using a legal tool known as a "deficiency judgment," lenders can ensure that borrowers are haunted by these zombie-like debts for years, and sometimes decades, to come.

iehi-feed-55223 Wed, 15 Oct 2014 18:52:20 GMT More Q.E. would be appropriate if U.S. economy faltered - Fed's Williams iehi-feed-55222 Wed, 15 Oct 2014 17:59:32 GMT France tests EU rules with 2015 budget iehi-feed-55217 Tue, 14 Oct 2014 20:30:13 GMT The Ukraine, As We Know It, Is Gone Forever - Mike Whitney interviews The Saker iehi-feed-55215 Tue, 14 Oct 2014 16:02:20 GMT Schaeuble Says Germany Will Stay the Course in Difficult Times iehi-feed-55211 Tue, 14 Oct 2014 14:28:45 GMT Mass Protest Planned At David Trott's Posh Real Estate Office iehi-feed-55204 Mon, 13 Oct 2014 15:11:00 GMT Prices Provide a Misleading Measure of Dollar Devaluation