Goodbye To All That: The Demise Of Globalization And Imperial Pretensions
China and other emerging economies and the global expansion of the magic elixir of skyrocketing consumption, credit…
Continue readingcredit
The Real Reason For The Emergency G7 & Central Bank Meeting: Global Credit Markets Seize Up
The stock market was on a roller coaster ride, which may be why Treasury Secretary Steve Mnuchin and the Fed called…
Continue readingWill Gold Shine Due To Coronavirus Infecting The Global Economy?
With new cases of COVID-19 outside China rising, the chances of a pandemic and global recession have increased recently…
Continue readingThe Economic Cataclysm Ahead
The economic storm hasn’t passed; the false calm is only the eye of the financial hurricane…
Continue readingThe Cost Of Covid-19 Quarantine: Would You Be Financially Prepared?
What about simply being able to pay your rent when your workplace or business is ordered to shut its doors?
Continue readingAs “Serious Delinquencies” Spike To Record, Car Dealers Tell Borrowers To Default?
America’s auto loan debt is at record levels as subprime auto loans explode…
Continue readingChris Vermeulen: A CLOSE LOOK AT WHAT TO EXPECT GOING FORWARD
Quite a bit has changed in the global markets and future expectations over the past 4+ weeks…
Continue readingThe Era Of Boom And Bust Isn’t Over
Once all market interest rates hit zero, the real trouble starts: the boom turns to bust. Credit markets shut down, borrowers can no longer…
Continue readingTrump Says Middle-Class Tax Cut To Be Announced Within Three Months
The White House plans to unveil a new tax-cut proposal for the middle class in approximately 90 days…
Continue readingSubprime Loans Will Be Back With A Vengeance In 2020
After lying dormant for several years in the aftermath of the Great Recession, the subprime market has returned with a vengeance…
Continue readingWas Marx Right About Capitalism Destroying Itself From Within?
What are the internal contradictions that could unravel capitalism from within?
Continue readingDifferent Acronyms, Same Disaster: Bond Ratings Are Once Again For Sale
If we don’t give them the ratings, they’ll go to Moody’s right down the block…
Continue readingThere Are Too Many Credit Bubbles, Everywhere!
From the turn of the century’s tech bubble and the 2008 financial crisis to where we are today…
Continue readingFund Manager: Why Can’t The Fed Just Print Money And Drive The Markets Higher, Forever?
Dave Kranzler says central bank policies of near zero and zero interest rates combined with unfettered money creation has lost its “traction”. Here’s why…
Continue readingHarvard Trained Economist: Housing Bubbles Are Bad For The Economy
Harry Dent asks how can the same houses going up in price, decade after decade, at a rate far faster than inflation, possibly be good for the economy?
Continue readingSkyrocketing Costs Will Pop All The Bubbles
The reckoning is coming, and everyone who counted on “eternal growth of borrowing” to stave off the reckoning is in for a big surprise…
Continue readingEVEN WITH LOW UNEMPLOYMENT, BORROWERS ARE BEING REJECTED FOR CAR LOANS
The government keeps telling us that the labor market is strong and unemployment is low…
Continue readingCONSUMERS ARE RUNNING OUT OF CASH AND AVAILABLE CREDIT TO POWER ECONOMY
The rampant consumerism in our society is what many say is driving the economy right now…
Continue readingCURRENT EQUITIES RALLY SIMILARITIES TO 1999
Euphoria is a type of market rally where valuations, real market expectations, and global market concerns are pushed away from view…
Continue readingHundreds Of Billions In Gold And Cash Are Quietly Disappearing
“…since the end of 2016 the implied build in non-transparent gold investment has been much larger than the build in visible gold ETFs…”
Continue reading