The folks at Gresham’s Law just published a nifty interactive chart of real (i.e., inflation-adjusted) interest rates since the 1960s that explains a lot about
Excerpted From The Money Bubble: What To Do Before It Pops by James Turk and John Rubino: In a very real sense, it is fractional
The Islamic State (ISIS) has set a modern-day “emergent threat” record by going from obscurity to existential global menace in what seems like a matter
Last year the world kind of forgot about Europe. After ECB head Mario Draghi vowed to “do whatever it takes” to get the Continent growing,
Like any other weak-willed entity, an over-indebted country eventually finds that formerly-easy things get harder to do. Today, for instance, banks are having trouble attracting
Back when the republican party was actually the party of small government it was possible for country club moderates (white guys and their trophy wives
US equities have been going up for so long that most investors — especially those who were only recently enticed into the casino by the
Most people learn by the age of 10 or so that making promises is easier than keeping them. That’s why really big promises like corporate
For the average person trying to decide how to feel about the economy, the single biggest data point is the stock market. When share prices
It is by now generally understood, at least in the sound money community, that inflation is much higher than the government admits and that the
As incomes stagnate and prices rise, a growing number of Americans face a tough choice: either descend a couple of rungs on the lifestyle ladder
Today the US took its next-to-last stab at calculating First Quarter GDP, and the downward revision was impressive even by recent standards. It now appears
One of the frustrating things about the monthly US jobs report is the way everyone focuses on the wrong number. The headline says “unemployment falls…”
In one sense, energy doesn’t matter all that much to what’s coming. Once debt reaches a certain level, oil can be $10 a barrel or
For all those analysts (including this one) who thought the debt binge of the previous decade marked end of the Age of Leverage, well, not
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