Yes. Zimbabwe, the same place that two years ago sported a brand new crisp $100 trillion bill. What is just as odd is that this news comes less than a week after Iran’s President Mahmoud Ahmadinejad criticized US economic policies
Things to know in order to tend to your money
This morning The Economic Peephole took a look this morning at three economic events occurring around the world that have the potential, or that already are, affecting our financial well-being. They in
Thousands have joined an “I Won’t Pay” movement, refusing to cover highway tolls, bus fares, even fees at public hospitals. To block a landfill project, an entire town south of Athens has risen up against the government, burning earth-moving equipmen
Have you heard the rumors about the Iraqi dinar? Week in, week out, we receive at least 2-3 questions about this. The ‘word on the street’ is that the Iraqi government is set to “increase” the value of the dinar, essentially re-peg it against the do
Greece currently looks poised to avoid a restructuring of its debt, although Europe's fiscal crises could yet spread to other parts of the euro zone and parts of Eastern Europe, the International Monetary Fund said Thursday.
'We're #1' and Democracy Myths - Yet Caesarism rules America. Article by Paul Craig Roberts. / Secession - Ron Holland's answer to the sovereign debt crisis. /
Turning the Tables - Peter Schiff interviews Lew Rockwell on where we're headed economic
Greek Finance Minister George Papaconstantinou said Saturday that Greece was exploring the possibility of having a European bailout fund buy its debt if the government is unable to access capital markets again next year.
The U.N.'s projections -- presented in the 2010 revision of World Population Prospects -- offer only a few scenarios and are based on potential changes in policies, services, and behaviors. They do not account for all the realities we see on the gro
A commodities sell-off is bringing a sudden chill to financial markets where investors were already turning cautious about the prospect of a slowdown in China and other emerging economies given steady monetary tightening.
Silver and crude oil saw
My time in Uruguay has been all too short, mostly because I was ill for the majority of the trip. If Ben Bernanke were a physician, he surely would have described my bug as ‘transitory,’ though it proved to be anything but…
As I travel throughout the world, I pay very close attention to price levels. I don’t believe a word of it when monetary authorities play down inflation concerns or tell me that rising prices are “transitory”.
Little has been written inSurvivalBlog aboutmoving one's wealth andfamilyoffshore in planning for a US currency collapse. I can share a few insights since mywife and I have done this as a backup plan. (Plan B).
Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices.
First, long-time readers know that I don’t really do public speaking gigs or interviews. We get a lot of requests for these but usually turn them down with few exceptions. Chris Martenson is one of those exceptions.
Leading economists predict America’s age will end in five years. The International Monetary Fund forecasts that, after more than a century as the world’s largest economy, the U.S. will be usurped by CHINA as early as 2016.
Europe and the US, is doing much the same in Libya, the Cote d'Ivoire situation needs to be looked at anew, especially in light of late reports indicate fighting has broken out among the very forces of Alissane Ouattara that overthrew and arrested th
Most stocks fell in Asia as Chinese shares slipped on speculation the country’s central bank may let the yuan strengthen to cool inflation. China’s currency touched a 17-year high against the dollar, gold climbed to a record and shares in Russia rose
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