CEO Of Europe's Largest Insurer Pops The Utopia Bubble: "Nothing Is Solved And Everybody Knows It"
The US is tapering, with the Fed knowing any further monetization of private sector bonds will lead to a crash in the already illiquid bond market;
Mexico Looks To Back Peso With Silver: "Would Unleash a Global Power Shift"
Investors Are Plowing Into European Bitcoin Firms Faster Than Any Other Region In The World
Banker Suicides Return: JPMorgan Executive "Blasts Wife, Kills Self" With Shotgun
The surface facts make abundantly clear that the case for the Ex-Im Bank is truly lame. In the most recent year (2013), its credit guarantees and other programs accounted for $37 billion of exports or less than 2% of the $2.2 trillion of exports gene
The global corporatist economy works differently from business transactions at your neighborhood convenience store. Ostensibly, the International Monetary Fund was set up to allow the G20 nations to umpire the ground rules to play nice in macro trade
Is there any doubt that we are living in a bubble economy?
"Bye, bye, Abe" Just when you thought Japanese macro data couldn't get any worse... it does...
Well known author, commentator and radio host Steve Quayle says big changes are coming to the world.
A lot of people that I talk to these days want to know "when things are going to start happening".
In Wenzhou - dubbed the capital of China's private businesses - nearly 90 per cent of loan guarantors have failed since the start of the credit crisis arising from the underground banking system, according to the media.
With Austrian bank contagion impacting European stocks on Friday, we thought it worth a look at the 'recovering-out-of-the-crisis-all-is-well-and-stress-tests-will-prove-it' European banks.
Update: just as expected, the confidence-preservation brigade is quick on the scene:
While numerous massively indebted administrations around the world hope to divert the attention of what's left of their struggling middle class away from its daily impoverished existence and distract it with flashing lights and glitzy animations show
Oil extended losses on Thursday on prospects that Libya will begin exporting more crude into a global market flush with supplies, while easing concerns about the Iraqi crisis also weighed.
The government of the Ukraine has signed a historic trade pact with the European Union. The announcement was made on June 27th, at a signing ceremony in Brussels. Russia has worked for months to prevent Kiev from forging tighter bonds with wester
During the World Cup, the French football team is staying in Ribeirao Preto, in the southeast of Brazil.
The numbers that you are about to see are likely to shock you. They prove that the global financial Ponzi scheme is far more extensive than most people would ever dare to imagine. As you will see below, the total amount of debt in the world is now
The Cold War made a lot of money for the military/security complex for four decades dating from Churchill's March 5, 1946 speech in Fulton, Missouri declaring a Soviet "Iron Curtain" until Reagan and Gorbachev ended the Cold War in the late 1980s.
An organization representing the world's main central banks warned on Sunday that dangerous new asset bubbles were forming even before the global economy has finished recovering from the last round of financial excess.
Bulgarian President Rosen Plevneliev said the eastern European nation has the resources to fight attempts to destabilize its financial system as it grapples with the worst run on banks in 17 years and prepares for early elections.
The greatest problem we have is misinformation. People simply do not comprehend why and how the economic policies of the post-war era are imploding.
With Abenomics facing severe 'reality check' problems as base wages tumble for the 24th month in a row, inflation surges, and the "Misery Index" soars to 33 year highs, this week's release of the annual report from Japan's Ministry of Health, L
To succeed is to destroy ourselves. To fail is to destroy ourselves. That is the bind we have created. Ignore if you must climate change, biodiversity collapse, the depletion of water, soil, minerals, oil; even if all these issues were miraculously t
With US equity markets hovering near record-er highs, we thought a quick summary of the state of the world's growing geopolitical risks would 'help' rationalize the BTFATH mentality.
Much of the world is focused on the World Cup games currently going on in Brazil. With that, attention is also turning to the effects the games are having on the nation. Some of this notice is centered on the organization managing the games. The
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Russia is considering banning state companies and other strategically important firms from holding accounts at foreign-owned banks, a governmental source familiar with the proposals told Reuters on Tuesday.
Primark are investigating an incident in which a shopper discovered a label that read "Forced to work exhausting hours" stitched inside a £10 ($16) dress she had bought from one of the retailer's outlets.