Peter Schiff: "We're On The Precipice Of A Much Bigger Crisis Than The Last One"
• https://www.zerohedge.comMoney manager Peter Schiff was in a small group warning of a coming financial meltdown that happened in 2008.
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Money manager Peter Schiff was in a small group warning of a coming financial meltdown that happened in 2008.
All measures of liquidity continue to tighten…
It appears the market is willing to test BCRA's mettle as it pukes pesos down to a new record low against the greenback and pushes towards the bottom of its new "no intervention" band.
Over three decades, the value of energy China extracts from its domestic oil, gas and coal supplies has plummeted by half
In a stunning vote of "no confidence" in the US monopoly over global payment infrastructure, one month ago Germany's foreign minister Heiko Maas called for the creation of a new payments system independent of the US...
Contrary to widespread belief, imports do not subtract from GDP despite the fact that imports are part of the equation.
Evolution must inevitably turn those cultures into some form of nation state run by and for stupid authoritarians. If you have not clicked on the links, please do so now, as I am not using the words stupid and authoritarian as a way to call names, bu
Chris Duane Video-Maunfactured strength of the dollar affecting the world's economy
There's so much false media noise over tariff wars, currency manipulations, Russian poisoning charges, supposedly shifty allegiances in Washington toward Moscow and other theatrical propagandistic concoctions that there's very little chance the w
The bottom line is that Venezuela is in free-fall, but I don't know where the bottom is.
The bottom line is that Venezuela is in free-fall, but I don't know where the bottom is.
Echoing yesterday's unexpected PPI drop, Consumer Price growth slowed dramatically in August, missing expectations by the most since May 2017 (following the first monthly drop in PPI since Jan 2017) sparking a drop in the dollar and bond yields.
We have all had the fun as kids of going to the beach and playing in the sand. Remember taking your plastic bucket and making sandpiles? Slowly pouring the sand into ever bigger piles, until one side of the pile starts to collapse?
The United States is the largest debtor nation in the world and "it's getting worse and worse," according to investment guru Jim Rogers, who talked to RT on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok.
Olaf Carlson-Wee is hardly a household name in the pantheon of iconic hedge fund investors.
A Fundamental Way"... Anecdote Central banks have created yet another asset bubble that will lead to a deflationary collapse just like 2000 or 2008, explained the famous investor.
Here we are, ten years after the bankruptcy of Lehman Brothers, and one would be hard pressed to find evidence of meaningful lessons learned.
Recently we discussed how in addition to the widely manipulated Chinese GDP data, new concerns had emerged about official data involving Chinese industrial profits...
The bureaucracy is notorious for "hunkering down" in order to thwart even the president's wishes. The bureaucrats have the time; their terms of office are not limited; they can afford to be patient and wait for today's passion to cool or the pub
Iran's rial fell to a record low on Wednesday as worried residents of Tehran lined up outside beleaguered moneychangers, part of a staggering 140-percent drop in the currency's value since America pulled out of the nuclear deal only four months ago.
While the rhetoric continues, actions are speaking louder than words: coal and fossil fuel production and usage is still rising as nations refuse to do things that will harm their own economies. Technocrats at the UN and elsewhere can only scream lou
Almost $800 million worth of Bitcoin and Bitcoin Cash has been withdrawn from wallets associated with defunct cryptocurrency "black market" Silk Road marketplace and linked to Silk Road owner Ross "Dread Pirate Roberts" Ulbricht, signaling a
Remember when I told you about "China's SWIFT Alternative and the (Engineered) Death of the Dollar"? Well, now it's Germany's turn to get in on the act.
Introductory Remarks: The "Anti-Politician" Godfrey Bloom Most of our readers will probably remember former UKIP chief whip and European Parliament representative Godfrey Bloom. As far as we know, he is the only politician who ever raised the is
Who are you going to believe? The data or the lying highs?
What is left roaming our wilderness of mirrors depends on the mood swings of the Goddess of the Market. No wonder an effect of Eurasia integration will be a death blow to Bretton Woods and "democratic" neoliberalism...
Economic Doom Returns: Emerging Market Currencies Collapse To Record Lows As Global Financial Chaos Accelerates
Whether it is due to contagion from the latest emerging markets selloff, or growing concerns about Italy's budget demands, another market that has gotten whacked on Thursday is the Italian bond market where BTP futures have reversed earlier post-auct
If you need to get out, it's already too late.
President Trump's sanctions may be the catalyst for the world to stand up and tell the US to go to hell.