Yesterday was the end of some short-lived rallies as stocks fell back from their record highs and the dollar index retreated back to pre-Brexit lows. In the long term, these changes are showing the dollar continues to lose its purchasing power due to
On June 5, 2014 when the ECB officially announced that the rate on its deposit facility would go negative, we posted "NIRP Has Arrived: Europe Officially Enters The "Monetary Twilight Zone."
Protectionists of all stripes often rail about trade deficits. An unfavorable balance of trade. One of the catch phrases of these people, because at some level they realize the value of trade, is that they want "fair trade."
It's been a bad month for German chancellor Angela Merkel, whose approval ratings fell sharply last month, a ZDF poll showed on Friday, in the second sign of a voter backlash to her refugee policy since Islamist militant attacks in Germany last month
According to various reports, the Russian government is reconsidering the neoliberal policy that has served Russia so badly since the collapse of the Soviet Union. If Russia had adopted an intelligent economic policy, Russia's economy would be far
A TOP economist has warned that Germany's biggest bank is teetering on the edge of crisis and they only way to protect it against future shocks is to nationalise it.
Sinking oil prices and a full blown liquidity crisis has brought the Saudi Arabian economy to screeching halt, a topic we've explored on various occasions.
Is the world economy a giant Rube Goldberg machine for the power elites? Are the rest of us just cogs in a wheel that need to be pushed and prodded with "policies" to get the results that the power elites want? They certainly believe so.
Is this the reason why Mark Carney went Full "shock-and-awe"-tard this morning? Households may have started to hoard their cash, with new figures showing that the amount of money being kept outside Britain's banking system is now rising at the fastes
To most of us such a notion sounds absolutely insane, but this is actually happening in Venezuela right now. This is a country where people are standing in lines for up to 12 hours hoping that there will be food to buy that day, and where rioting an
An internal IMF investigation found that Managing Director Christine Lagarde mishandled the Greek crisis, making sure the banks were bailed out and the Greeks given austerity. She faces a slap on the wrist if found guilty.
Failure to ratify the U.S.-led sweeping trade pact TPP would hand China "the keys to the castle" on globalization and do nothing to solve the real problems underlying American anxiety over jobs, the top U.S. trade official said Thursday.
The popular rebuke to reason that was Britain's vote to leave the European Union is a wake-up call. Our world requires an urgent rethinking of social progress.
Harry is back to reiterate his call for massive deflation and stock market crash. This is what he's been saying for years despite the slow progression and often opposite appearing reality (stock market & gold rallying).
By 2035, the US could find itself in an environment where Russia or China may match or even exceed the West's military and economic might in some areas, taking advantage of a "disordered and contested world," the Pentagon's research unit said..
Markets expected the Bank of Japan to unleash lower yields further into negative territory. Instead the board voted to keep rates unchanged and to maintain existing monetary base targets. But the BoJ did vote to increase equity ETF purchases and incr
With the yen strengthening ~12% against the US dollar and the Nikkei down ~10% YTD, it seems Haruhiko "Peter Pan" Kuroda is having a difficult time working his magic in favor of Abenomics.
Editor's Comment: Few things are more reassuring than certainty. And one certainty you can bet on is that this house of cards won't last. How much farther can things be stretched thin? How much more can the world take? The looming implosion of th