Deflation Shock Coming? Part 2: Even Here
While the rest of the world is slowing down and in some cases dropping into actual deflation (see here and here, respectively) the US has,
While the rest of the world is slowing down and in some cases dropping into actual deflation (see here and here, respectively) the US has,
Not so long ago, a reasonably-presentable American could live an hour outside of a city and commute in for a government or banking job, thus
A perfect sign of the times is the unexpected success of a 700-page economics text called Capital in the 21st Century by French college professor
Debt works the same way for countries as for families and individuals. That is, if you borrow too much, your life begins to suck. And
It’s amazing how quickly China went from being the world’s savior to its biggest danger. To recap: When the developed world stepped off a cliff
Excerpted from The Money Bubble, by James Turk and John Rubino. Wealth comes in many forms, but only two general categories: tangible and financial. Tangible
Only in a world totally corrupted by easy money could the following two things be announced on the same day. First: European Bonds Surge as
To Westerners, China has always been a mystery. The huge population of very smart, hard-working people. The succession of unfamiliar, authoritarian governments. The sense that
Bitcoin holders — especially those who bought in during the crypto-currency’s recent surge past $1,000 — are a bit shell-shocked this week: Bitcoin prices plunge
One of the reasons the rich countries’ excessive money creation hasn’t ignited a generalized inflation is that today’s global economy is, well, global. When the
2013 was a year in which lots of imbalances built up but none blew up. The US and Japan continued to monetize their debt, in
Since at least the 1980s, US policy has been to convince us to borrow as much as possible on pretty much anything we could think
A growing number of Americans seem to have concluded that elections offer no real choice, that whoever wins is going to spend and borrow more
Just a quick Thanksgiving morning update on China’s gold imports, which continued at extraordinary levels in October. To put the 131 tonnes in perspective: Until
Late in the life of every financial bubble, when things have gotten so out of hand that the old ways of judging value or ethics
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