Expect The ECB To Use A “Climate Crisis” To Justify Their Next Stimulus Plan
The next wave of action will be the full monetization of government excess because of the so-called “climate emergency” and “green deals”. Yet governments…
Continue readingDaniel LaCalle
Europe’s Spending Binge Is Slowing Its Economy
The idea that governments can’t lower taxes because there is a deficit, but are free to raise all expenses even if there is a deficit…
Continue readingSocialism Is The Greatest Threat To The Environment
If we want a true alternative to fossil fuels that improves the environment, reduces emissions, and strengthens global welfare…
Continue readingPOWELL LIED: QUANTITATIVE EASING IS BACK
If we look at what is being discussed, it has nothing to do with “organic” expansion, and it looks a lot like a new repurchase program…
Continue readingThe ECB Just Cut Interest Rates, Here Is Why They Should Have Raised Them
Negative rates are likely one of the reasons behind the lackluster European growth…
Continue readingWhat The US-China Currency War Means For The Economy
A few months ago many of us read about the theory of “the nuclear option”…
Continue readingCentral Banks Make “Conservative Investments”…This Could Be A Disaster For Pensions
Savers and investors are probably unaware of the rising layers of risk that are being built into the asset base…
Continue readingMarkets Are Cheering Christine Lagarde’s Appointment To The ECB (And That’s TROUBLE)
Lagarde is a lawyer, not an economist, and a great professional, but the market probably interprets…
Continue readingTHE US NEEDS AN INTEREST RATE CUT? NO!
There are some elements that point to a slight weakness in the economy, but no need for a rate cut. Here’s why…
Continue readingCentral Banks Are Heading Toward A Stagnant Global Zombie Economy
The endgame is not likely to be a 2008-style bang, but a slow, painful and unstoppable zombification of the global economy. Here’s why…
Continue readingSteve St. Angelo: Insane Stock Market Rally Due To Massive Global Monetary Liquidity
Steve says that massive central bank monetary liquidity helped push the stock market up 20% from its December low. Here are the details…
Continue readingEurope Tried Its Own ‘Green New Deal’ – It Was A Disaster
EU countries suffer electricity and natural gas bills for households that are more than double those of the US, and that’s just one of the many issues…
Continue readingWill Policy Makers Turn A Global Economic Slowdown Into Economic Crisis?
Governments and central banks create a crisis from a moderate and completely healthy slowdown by denying economic cycles and, even worse, by…
Continue readingFrom Promise To Disappointment: Argentina’s Crisis And How To Reduce ‘Country Risk’
What is “country risk”, and why is it that Argentina is the country that has so much promise, yet always seems to disappoint? Here are what and why…
Continue readingThe Next Global Financial Crisis
Daniel LaCalle explains not only the three factors that are leading us to the next financial crisis, but also the likely triggers. Here are the details…
Continue readingThe Myth Of Global Synchronized Growth And The Era Of Secular Stagnation
Synchronized growth is actually synchronized debt growth, and here is why it is a problem…
Continue readingChina’s Yuan Devaluation Is A Big Mistake
People have said that by devaluing the yuan, China can offset the tariffs in the trade war, but the devaluation is doing more harm than good. Here’s why…
Continue readingThere Is No Way A Country With Capital Controls Can Become The World Reserve Currency
Daniel LaCalle says it’s just not possible for the petroyuan to overtake the dollar as world reserve currency. Here’s why…
Continue reading