Bill Blain: Getting a grip on reality: Rising interest rates and supply shocks spell trouble
I’ve been fortunate to spend an increasing amount of my time talking to real people with real jobs in the real economy. I chat with
I’ve been fortunate to spend an increasing amount of my time talking to real people with real jobs in the real economy. I chat with
Now that interest rates are rising with much further to go, the global banking system faces a crisis on a scale like no other in
Let’s go back in time to the Roaring Twenties. The times appeared to be as wonderful as ever for just about everyone in America. The
The debate between an outlook for inflation versus recession intensifies. We appear to be moving on from the stagflation story into outright fears over monetary
The swarm of out-of-touch, self-anointed elites who celebrate their own thoughts at Davos, Switzerland, each year have finished their annual schmooze about how they would
What did these cats expect after running the printing presses like there was no tomorrow for the better part of two decades? Stated differently, the
In the 12th century European bankers latched on to a scam familiar with gold & silver enthusiasts. What was the scam they invented? Paper manifestations
The 10-year UST yield has crossed the 3% mark. So you’d think this was a sign that a modicum of rationality is returning to the
The housing boom is over, and broader effects are beginning. The steep decline of mortgage applications due to rising mortgage rates and housing inflation means
Back in the 1500s, a financial agent of Queen Elizabeth I named Thomas Gresham observed that that “bad money drives out good.” That is, if
During his run for the presidency, Donald Trump took the occasional break from insulting women and minorities to toss off some decent – even exciting
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to
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
From Chapter 15 of The Money Bubble, by James Turk and John Rubino: Banking didn’t start out as a reckless, parasitical plaything of a moneyed
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