Business Insider just posted a Deutsche Bank chart that illustrates the difference between life under the Classical Gold Standard and today’s “modern” forms of money.
Switzerland, as everyone knows by now, has slipped out the back door of the drunken orgy that is the modern financial system. And the other
With US QE about to end, the rest of the world faced the prospect of another “taper tantrum” financial crisis, one that this time around
US equities have been going up for so long that most investors — especially those who were only recently enticed into the casino by the
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
Prudent Bear’s Doug Noland marks the fifth anniversary of the collapse of Lehman Brothers — and the near-collapse of the global financial system — by
It’s safe to say that as this is written at noon EST on Monday the 24th, every economic policymaker in this hemisphere (and a lot
Friday was one of those days when so many markets move so dramatically that it’s hard to know what to focus on. But in this
Based on the past few weeks’ stock market action, Japan’s decision to flood the world with yen looks like a raging success. It’s not of
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