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Making their annual pilgrimage to the exclusive Swiss ski sanctuary of Davos last week, the world's political and financial elite once again gathered without having had the slightest idea of what was going on in the outside world.
$681 Million In Mystery Money Found In Malaysia PM's Bank Account Was "Personal Donation" From Saudis
In light of today's dramatic risk reversal which saw futures plunge overnight only to U-turn and soar alongside oil, many rates watchers were concerned that absent substantial concessions today's 2 Year auction would be problematic to say the least.
- Why Global Shipping Is Even Worse Than The Baltic Dry Suggests
Editor's Note: For years contrarian analysts, researchers and authors have been blaring the warning signal in an attempt to raise awareness of the impending financial, economic and monetary catastrophe.
He has his own TV show on Fox and he is slowly taking over the world's money supply. Who is he? Let's just say that Biblical prophecy is being fulfilled in our time.
Things are much worse that they appear. We are entering a time of unparalleled peril. Economic collapse is here and is underway in many parts of the economy.
Headlines are not shying away from Italy's banking insolvency, which is forecast to overtake all of Europe sooner or later and then, like Superman, to "go beyond." -
The downturn in the US stock market is a problem made in America by the Federal Reserve, argued Peter Schiff on the Daily Ledger. The only question now is when will the Fed restart quantitative easing to ensure the Democrats and Hillary Clinton don
What we can expect will be an increasingly desperate attempt to rob people of their personal wealth. The situation will ramp up to a draconian level. Then, quite suddenly, the crisis will be upon us. The dreaded tanks will run out of fuel - the gover
We added that "if there is one thing China's politburo simply can not afford right now, is to layer public unrest and civil violence on top of an economy which is already in "hard-landing" move.
We have not seen global economic activity fall off this rapidly since the great recession of 2008. Manufacturing activity is imploding all over the planet, global trade is slowing down at a pace that is extremely alarming, and the Baltic Dry Index j
And if history is any guide, then all hell is going to break loose in coming weeks and months. The last time they attempted similar machinations it resulted in a major collapse of global financial markets. But this time is different, right?
Introduction: Dr. Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a Ph.D. in Economics magna
- A Gloomy Preview Of What's Next In Global Macro From Morgan Stanley
Wealth just keeps growing for the 62 richest people in the world. Collectively, this ultra-wealthy group controls $1.76 trillion, which is about the cumulative worth of the poorer half of the world's population, or around 3.5 billion people.
Forced Economic Free Fall the Precursor to Collapse: "The World Is About To Enter A Global Depression Unlike Anything Seen Before"
S&P/TSX Composite index(INDEXTSI:OSPTX) and other major world markets responded as predictably as Pavlov's Dogs to the utterance by European Central Bank chief Mario Draghi pledging to 'deploy these instruments' - meaning more capital fabrica
S&P/TSX Composite index(INDEXTSI:OSPTX) and other major world markets responded as predictably as Pavlov's Dogs to the utterance by European Central Bank chief Mario Draghi pledging to 'deploy these instruments' – meaning more capital fabrica
Venezuela's opposition-led congress on Friday rejected President Nicolas Maduro's request for emergency powers amid a plunging national economy, the depths of which were dramatized by an IMF estimate that inflation this year will top 700 percent.
We Have Never Seen A Year Start Quite Like This…
Once the power to manage expectations has been lost, the central bank bag of tricks is empty.
One-Fifth Of All Worldwide Stock Market Wealth Is Already Gone
In November of 2014, we announced the quiet death of the petrodollar.
It's official. More than 50% of the "wealth" effect created from the 2011 lows to the 2015 highs has been destroyed
Part 1
The entire system has been revealed for the sham it really is since the start of the New Year. Stock markets are crashing, the global economy has stalled, and the powers that be appear to have lost control.
A week ago we warned of some insane movements and mysterious bid in OIL
Marc Faber, editor of the "Gloom, Doom & Boom Report," has advised investors that now is a good time to invest in gold because stocks will crash over 40% and the world is on the verge of a new liquidity and debt crisis.
Global banker admits Keynesian economics not working
