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Yesterday we talked about one small market in the US… but in fact there are dozens of cities across the world where property prices entering (or already in) a bubble.
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With Deutsche Bank mercifully missing from overnight headlines for the first day in almost two weeks, it is time to bring attention to Germany's second largest bank which, as we first reported earlier in the week citing a Handelsblatt leak, confirmed
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Hot on the heels of the Deutsche Bank debacle comes the next nail in Germany's economic coffin.
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Tyler Durden for Zero Hedge reports As reported over the weekend, in an unexpected announcement Angela Merkel announced that she has ruled out state aid for Deutsche Bank, and the market reaction has been swift and brutal, with the bank's shares tu
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In this episode of China Money Podcast, returning guest Dr. Marc Faber, renowned investor and publisher of The Gloom, Boom & Doom Report, speaks with our host Nina Xiang. Dr. Faber played a game of Long & Short, where he spelled out his view on centr
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(NaturalNews) Author Charles Dickens' classic, A Tale of Two Cities, begins this way: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness ... ."
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Sometimes I wonder if I'm ever going to run out of new things to say about the economy. Nothing interesting has happened in a long time.
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Sales To Foreigners Crash 96%
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A heavily divided Federal Reserve left short-term interest rates unchanged but said the case for a rate increase "has strengthened", in a strong signal that a move is likely before the end of the year … Three out of 10 of the US central bank'
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Monetarists Are Out of Ideas … Steve Williamson of the Federal Reserve Bank of St. Louis for the past three years or so has been trying to convince the macroeconomics world to consider a bold new theory -- that central bank policy works in reverse
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Monte Paschi Rescue On The Rocks: Regulators Now "Expect Bank To Ask Italy For Bailout"
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The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
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A lot of the benefits of trade are counterintuitive. A rule of politics is that the more that the right public policy is counterintuitive, the greater the opportunity for demagogues to get elected by advocating the wrong policy.
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Slate is ecstatic over the latest economic news, believing that the US is on the road to recovery. This is incorrect, though. The US and the world are on the way to the largest economic disaster ever faced.
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Zero Hedge reports Two months after Bernanke's unexpected trip to Japan failed to unleash the "helicopter money" many expected his visit to the BOJ would deliver, Bernanke is back with another shocking policy appeal, this time not as a result of a tr
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The efforts of grass-roots 'deniers' is paying off in Switzerland. When people see through the scam of climate change and green economy, they will naturally reject it; this is exactly why Technocrats want to clamp down on free speech around the w
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OBLITERATE THE GLOBAL ECONOMY . Lana Clements for Express UK reports A PERFECT market storm is brewing and it's going to leave economic carnage in its wake, a finance expert has warned. Investors should prepare for world stock markets to sink by
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Investor Jim Rogers has some sobering words on the future of the global economy. Even though the leading oil producers are working on price stabilisation, he warns another significant economic crash could be on the cards within a couple of years.
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A giant problem The rise of the corporate colossus threatens both competition and the legitimacy of business … DISRUPTION may be the buzzword in boardrooms, but the most striking feature of business today is not the overturning of the established
