Currency Wars, Trade Wars... World Wars
• https://www.lewrockwell.com, By Gerald CelenteHistory is repeating itself. While the times are different and the names have changed, the underlying circumstances and basic fundamentals remain the same.
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History is repeating itself. While the times are different and the names have changed, the underlying circumstances and basic fundamentals remain the same.
China's leaders are loving--and hating--reform
You can stop waiting for a global financial crisis to happen.
Is there no limit to the economic pain Europeans are prepared to endure in defence of the wretched euro?
Crude prices are back to where they were in 2004. Before that, crude previously topped near $41 in September of 1990!
Glencore Plc Chief Executive Officer Ivan Glasenberg said no one can read the Chinese commodity market.
Could it be possible that Russian reporters have more freedom to talk about important issues than reporters that work for the major corporate conglomerates in the United States do? Of course the Russian media is far from perfect.
A billionaire hedge fund manager linked to George Soros bought up gold shares after multiple financial experts warned a stock market crash is coming.
There's an image going round that sums up just how ridiculous Venezuela's economy has become.
China currency devaluation signals endgame leaving equity markets free to collapse under the weight of impossible expectations
China's move to devalue its currency roiled the markets last week, and stoked new fears about the health of the world's third largest economy.
'Deep wounds' within ruling Syriza party and growing disquiet in Berlin threaten to derail political support for a new €86bn Greek rescue
Just two days ago we warned of the dramatic disconnect between equity insurance and credit insurance markets - at levels last seen before Bear Stearns collapse.
Paper trumps plastic as people demand hard cash in times of uncertainty
Jim discusses the rapid drying of the Treasury bond liquidity market, the introduction of a new U.S. currency very soon, the BRICS challenge to the London-New York financial power base, criminal activity in financial markets, the global re-set of the
Crude oil just cracked $42 a barrel for the first time in over 6 years.
Did you see what just happened? The devaluation of the yuan by China triggered the largest one day drop for that currency in the modern era.
A Death Cross, Wild Market Swings And A Currency War - And We Haven't Even Gotten To September Yet
ALBERT EDWARDS WARNS: Prepare for overwhelming 'waves of deflation' to suck us into recession
The Chinese economy is going through puberty -- and the rest of the world will feel the impact
Alibaba Group Holding Ltd.'s quarterly sales rose at the slowest pace in at least three years and transaction volumes missed analyst estimates amid a weakening Chinese economy. Shares fell.
Devil Details and EU Guarantees
Increased pumping by OPEC as Chinese demand appears to be slackening could drive oil to the lowest prices since the peak of the financial crisis.
When China sneezes, the world catches a cold. Alternatively, when China devalues, the rest of the (exporting) world scrambles to not be the last (exporting) nation standing, and to do so next, before everyone else does.
For the last several months there have been warnings of a coming economic storm, with many forecasting serious financial calamity by the Fall of this year.
So long to Ritzy and farewell to Cinderella Rockafella – the long tradition of the great British nightclub appears to be on the way out.
China has devalued its currency, the yuan, by 2%.
Almost exactly seven months ago, on January 15, the Swiss National Bank shocked the world when it admitted defeat in a long-standing war to keep the Swiss Franc artificially weak, and after a desperate 3 year-long gamble...
Alasdair Macleod has posted an article at www.goldmoney.com which I think is important.
There's no other way to put it: Commodities took it on the chin last month.