Shops are being looted as Venezuela's citizens, who live on top of the world's largest oil reserves, are literally starving and dying for lack of food and medicine; all while the country's gold reserves are being sold to finance its debt. With 1.
Economists overwhelmingly reject Brexit in boost for Cameron … Poll shows 88% of 600 experts fear long-term fall in GDP if UK leaves single market, and 82% are alarmed over impact on household income. -Guardian
China is hooked on debt, and the policymakers' idea of treating the addiction could make things worse.
CELENTE EXPLAINS HOW THE CASHLESS SOCIETY IS USHERING IN TOTAL TYRANNY
Former Morgan Stanley Chief Asia Economist: "Don't Listen To The Ruling Elite, The World Economy Is In Real Trouble"
The world economy is in a fascinating period. It is an encouraging time for those hopeful about Bitcoin and other open blockchain-based systems, but many high-level decision-makers still must be persuaded of this technology's global impact.
George Soros is buying massive amounts of gold as the Chinese debt bubble threatens the world economy. Gerald Celente makes bold statements with Gary Franchi on the Next News Network.
Next "Lehman-scale crisis" lurks in the shadows
On a recent weekday, just a few miles from where the government was holding military exercises preparing for a foreign invasion, about a dozen senior citizens were gathered in a classroom learning about another war-time innovation.
We are all originarios…
Ever since last September, when we explained that as a result of China's crackdown on capital controls, the one clear winner (in addition to Vancouver real estate) would be bitcoin, the digital currency has more than doubled in dollar terms, rising f
On a recent weekday, just a few miles from where the government was holding military exercises preparing for a foreign invasion, about a dozen senior citizens were gathered in a classroom learning about another war-time innovation. "Vertical garden
The Fed's Amazing Self-Fulfilling Forecast … The Federal Reserve's track record of economic forecasting is a lot better than many observers recognize. It might also offer some insight into the central bank's approach to managing the recovery.
The war on cash is now a global phenomenon: under the pretext of tracing criminal activity, governments everywhere are cracking down on commerce that isn't monitored or controlled.
ISE-SHIMA, Japan -- Group of Seven leaders voiced concern about emerging economies on Thursday as their host, Japanese Prime Minister Shinzo Abe, made a pointed comparison to the global financial crisis eight years ago. Abe presented data showing
Will the Swiss Guarantee CHF 75,000 for Every Family?
Though completely outside the realm of possibility for an entertained, well fed, and oblivious American public dependent on ever-growing debt to make ends meet, there are serious economic, financial and monetary headwinds set to flip the entire syste
The only "growth" we're experiencing are the financial cancers of systemic risk and financialization's soaring wealth/income inequality. The Keynesian gods have failed, and as a result, we're in the eye of a global financial hurricane.
The only "growth" we're experiencing are the financial cancers of systemic risk and financialization's soaring wealth/income inequality.
China's economy is being held hostage. The so-called zombie companies the Chinese government is supposed to be reforming have hijacked the government's economic policy, and the dangerous bubble forming inside the country stands to grow until this ho
The right kind of reform … America's next president should modernise the Federal Reserve system … Perhaps it was inevitable in the aftermath of the worst financial crisis in almost a century, but America is boiling over with schemes to remake
Abenomics is back in the spotlight tonight.
Hiking taxes in a depression is one of the stupidest thing one can do, but Greece is set for another vote to do just that. Prime minister Alexis Tsipras is once again prepared to kiss German Chancellor Angela Merkel's behind, and his party will lik
While the two leaders from Armenia and Azerbaijan met this week and agreed to comply with the treaty set forth that ended their bloody six-year war back in 1994, both action on the ground along the Nagorno-Karabakh (NK) Line of Contact as well as the
So, word got out here in Argentina that I was turning 70. And that meant a fiesta was in order. I hate celebrating my birthday, but it would be churlish to wave off people who like that sort of thing.
"I've been coming to Singapore once a year for the last 15 years, and flying in I have never seen the waters so full of idle tankers," - Senior European oil trader a day after arriving in the city-state.
The world's second-largest economy is making its weight felt around the world.
After watching the video below, Dr. Paul Craig Roberts, the former Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal, wrote there "is nothing more corrupt than 'democratic capitalism.' Ameri
Dow continues to mark time around the 17,500 level…up a couple of hundred points…and down a couple of hundred. Disappointing earnings has the market looking for direction from somewhere. Gold was steady; the Aussie dollar is up a tad; meanwhile,