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I was going to make a joke about how sometimes you misplace your keys or the remote control and sometimes you misplace a billion dollars, but really, a small country losing the equivalent of 15 percent of its GDP in a few days isn't funny
A lot of international trade takes place over the Internet, where digital goods and services are bought and sold across national borders.
Analyst: "Millions Upon Millions of People Are Going to Die on a World-Wide Scale When the Debt Bubble Bursts"
Comment: Forcing everyone to spend only by electronic means from an account held at a government-run bank would give the authorities far better tools to deal with recessions and economic booms, writes Jim Leaviss
The Chinese government seems to be very keen on developing the New Silk Road Economic Belt as fast as possible;
Between the dramatic sell-off in German Bunds that unfolded over the course of three weeks beginning on April 21 and the erratic trading that ensued on Tuesday following the weakest JGB auction since 2009, the chickens, as they say, have come home to
Earlier today, we learned that, contrary to what Greek government officials had been implying for the better part of a week, Athens did not have enough money to make a €750 million payment to the IMF on Tuesday.
Hussman analytically describing the process leading to a crash. It hasn't happened yet, so it won't happen. Right?
Italian women would "like to have more [children], but the conditions just aren't good enough," laments one new mother as CBS News reports,official figures show that in 2014 there were fewer babies born in Italy than at any time since 1861.
Whether it is more posturing ahead of OPEC's June meeting is unclear but the message from 'sources', according to The Wall Street Journal is "OPEC won't agree to go lower," with regard global market share (which has fallen from more than 50-% to ju
As if the discussions in Brussels and Athens were not mired in enough uncertainty, Bloomberg reports that a Greek official confirms:
Yousif is a successful young businessman in Bahrain. He's the director of the National Concrete Company. He is an avid student of Austrian Economics, and of noninterventionism.
On December 16, 2014, I published an article for paid members of my GaryNorth.com site: "Saudi Arabia's Oil Strategy." I wrote the following about West Texas intermediate crude oil prices:
Why we didn't have negative nominal yields in the Depression and the end of QE
Lew Rockwell: This is The Lew Rockwell Show and how great to have as our guest from Bahrain, Yousif Almoayyed.
Why Argentina is in the War Party's sights
Banking has been fundamentally unsound ever since the first central bank was created. That's when bankers started making promises they couldn't keep.
The biggest slow motion trainwreck in history, one that everyone knows how it ends just not when (especially since the "when" is about 5 years overdue),......
One year ago, we reported that while the west was scrambling to assure the world that it wasn't collapsing courtesy of record central bank debt monetization.....
Those who claim there will be no Greece contagion need consider yields in other European bonds.
We Can't Rein In the Banks If We Can't Pull Our Money Out of Them
To combat food shortages caused by socialist policies including nationalization of half the nation's food supply, Venezuela to Nationalize All Food Distribution.
The International Monetary Fund is close to declaring China's yuan fairly valued for the first time in more than a decade, a milestone in the country's efforts to open its economy that would blunt U.S. criticism of Beijing's currency policy.
Just a few months ago, traders were betting that Russia would have to sell its gold reserves. But the newest data show the exact opposite. Russia is now buying more gold than it has since the days of the Soviet Union.
The final and ultimate round of the Crisis that begin in 2008 will occur when faith is lost in the Central Banks.
Canada has the Most Overvalued Housing Market in World
Cancel its Debt, Says Rights Group
On Thursday we noted that no matter how tempting it may be to tune out the almost hourly warnings from various sources claiming Greece is finally set to run out of cash,the inevitable for another few weeks
In the aftermath of the Nav Sarao scapegoating farce, one week ago Zero Hedge decided to give the confused CFTC a helping hand and launched a daily series highlighting the constant spoofing and "manipulation"
JP Morgan's massive silver buying brings to mind the Hunt Brothers' attempt to corner the silver market in the late 1970s.
