"Even though bitcoin is volatile, it's still safer than the national currency," said one young 'tech-savvy' Venezuelan, who as Reuters reports, is looking to bypass President Maduro's dysfunctional economic controls.
Politics has long been a driver of international markets and fickle financial systems alike. Everything is connected. Here are some voices from the just-concluded Casey Research Fall Summit talking about cause, effect, and war.
What he has to say about the Shanghai metals exchange is disturbing.
Yesterday for the first time since April 2013, crude's spot price dropped below $90. It's back above that mark this morning — but the damage is done.
The drip-drip-drip of Fed-induced inflation is hardly felt by most Americans even on an annual basis; but take a step back over a generation of currency debasement and it becomes clear. As the following image shows, the cost of living since 1938 has,
The 100-day moving average of the advance/decline ratio for the MSCI World Index has collapsed to its lowest level since November 2008.
Argentina is already foreclosed from international capital markets, so it doesn't have much to lose by thwarting the US court system. Similar bold moves by Ecuador and Iceland have left those countries in substantially better shape than Greece, whi
One of the biggest fast food giants, Burger King, is now "divorcing" America and re-establishing its business in Canada. Mark analyzes the Government's reaction and possible implications for any corporation that may decide to move its headquart
Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?
Broad European stocks plunged into the red for 2014 today as a rattled Mario Draghi disappointed a hungry-for-more risk market.
As Mario Draghi promised, here are the full details of the ECB's asset-backed securities and covered bond purchase programs, as prepped by Blackrock.
About 36 months ago Ireland's two-year notes were yielding 14% and its government and the Brussels apparatchiks were scrambling with tin cup in hand to stave off disaster. Now their yield is negative 0.01%.
Cristina Fernández de Kirchner alludes to alleged plot against her by local businessmen and 'foreign help' in televised speech
On September 4, ECB President pulled out a financial bazooka including a pledge to build up the ECB's balance sheet by another €1 trillion.
De-dollarization has been an ongoing theme hidden just below the surface of the mainstream media for more than a year as Russia and China slowly but surely attempt to "isolate" the US Dollar.
Another Conspiracy Theory Becomes Fact: The Fed's "Stealth Bailout" Of Foreign Banks Goes Mainstream
When it comes to openly fabricating data, 2014 was bad for goalseeked data quality control...
...another great Crosstalk program on RT...
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Lara Logan speaks with the founder who took $50,000 in seed money and created a company valued at $231 billion
The "elephant in the room" is debt. Try as they might, central bankers have not been able to spur credit, hiring, or much business expansion because of the elephant. Things are even worse in Europe.
With Argentina's private sector in disarray, Cristina Fernandez de Kirchner's government has been forced to increasingly bail out failing businesses, particularly importers that are critical to Argentina's stability.
The out-of-the-blue excuses countries come up with for not making budget deficit targets are rather amusing.
The suppression of gold prices is essential at all costs to the Anglo-American banking interests. The saber rattling and attempts to lure Russia and China into military conflict are about who controls the financial world.
This is the text of a speech given at the Casey Research Summit, 2014, "Thriving in a Crisis Economy."
French vegetable farmer have set a tax office and a building on fire destroying the government facility which was the symbol of the increasing administrative burden and sanctions that is killing farming.
Have agreed on the establishment of the New Development Bank (NDB), hereinafter referred to as the Bank, which shall operate in accordance with the provisions of the annexed Articles of Agreement, that constitute an integral part of this Agreement.
The suppression of gold prices is essential at all costs to the Anglo-American banking interests.
A Very Matter-of-Fact Interview About the Russian Tradition of Arresting Billionaires and Taking Their Stuff.