Home » Economics (Page 340)
Category Archives: Economics
The Brewing European Debt Crisis
The Brewing European Debt Crisis Macron is pushing for the European Finance Minister to raise money by selling EU bonds and then distribute the money to the 19-member Eurozone. France is very heavily indebted and here once again we have simply the goal to raise more money rather than reform. Because of the riots in […]
Australia’s House of Cards is Collapsing: Recession Coming Up
Australia’s House of Cards is Collapsing: Recession Coming Up Australia’s housing collapse is now in full swing. A recession will follow shortly. Inga Ting, Geoff Thompson and Alex McDonald provide and excellent set of graphics and information on the bursting of Australia’s housing bubble at House of Cards. Home prices in more than four out […]
For The First Time Ever, Bank Of Canada Buys Mortgage Bonds
For The First Time Ever, Bank Of Canada Buys Mortgage Bonds Three weeks ago we reported that, the Bank of Canada announced for the first time that in order to prop up the sliding Canadian housing market help increase the tradeable float of its benchmark securities, the central bank would start buying government-backed mortgage bonds, […]
Gold – A Perfect Storm For 2019
Gold – A Perfect Storm For 2019 This article is an overview of the principal factors likely to drive the gold price in 2019. It looks at the global factors that have developed in 2018 for both gold and the dollar, how geopolitics are likely to evolve, the economic outlook and how it is worsened […]
Tomgram: Nomi Prins, A World That Is the Property of the 1%
Tomgram: Nomi Prins, A World That Is the Property of the 1% This year, I simply couldn’t get one fact out of my head: according to a 2017 report from the Institute for Policy Studies, three billionaires — Jeff Bezos, Warren Buffet, and Bill Gates — have amassed as much wealth as the bottom half […]
Did Baby Boomers Ruin America?
Did Baby Boomers Ruin America? Referring to someone as a sociopath is strong language. After all, just between 3 and 5 percent of Americans are really sociopaths , people who initially seem charming, but, due to bad neurological wiring, lack a conscience and are unable to feel remorse. They are exceptional liars and cheats, and […]
The Sequel: life after economic growth
The Sequel: life after economic growth Image courtesy of David Martin Jr As Simon Mont wrote in Tikkun’s recent issue on the New Economy, “capitalism is collapsing under the weight of itself, and it’s not pretty.”[i] Our globalised world finds itself caught on the horns of a seemingly impossible dilemma – either cease growing, and […]
Vancouver Home Prices Turn Negative, First Time Since 2013
Vancouver Home Prices Turn Negative, First Time Since 2013 The sudden shift in the Vancouver housing market has been well documented. In November, home sales across all property types sank to a ten year low for the month. The drop is rather unprecedented considering the current economic backdrop suggests unemployment across Canada has plunged to […]
The Neutral Interest Rate Myth
THE NEUTRAL INTEREST RATE MYTH In his speech to the Economic Club of New York on November 28 2018, the Federal Reserve Board Chairman Jerome Powell said that the US central bank’s policy interest rate is just below the neutral rate. This prompted many commentators to suggest that a tighter interest rate stance of the […]
The Fate of All Municipal Governments – Look to Peoria, Illinois
The Fate of All Municipal Governments – Look to Peoria, Illinois The system we have is totally corrupt and it outright UNSUSTAINABLE!!!! In Illinois, the city of Peoria has been forced to eliminate 22 firefighter and 16 police positions even after they made 27 layoffs earlier this year. Besides eliminating employees, they are now looking at adding […]
The Trade War Distraction: Huawei And Linchpin Theory
The Trade War Distraction: Huawei And Linchpin Theory Since the beginning of this year, I have been warning that trade tariffs initiated by Donald Trump would develop into a full-blown trade war with China, and perhaps other nations, and that the timing of this trade war is rather suspicious. Suspicious how? Almost every instance of […]
ECB Confirms It Will End Asset Purchases, Will Reinvest Maturities In Full
ECB Confirms It Will End Asset Purchases, Will Reinvest Maturities In Full As expected, the ECB – which obviously is keeping its rates unchanged – confirmed it would end its asset purchases in December 2018, while clarifying for the first time that it would “continue reinvesting, in full, the principal payments from maturing securities purchased […]
Peter Schiff: “The American Standard Of Living…It’s Going To Collapse”
Peter Schiff: “The American Standard Of Living…It’s Going To Collapse” Market analyst and financial guru Peter Schiff says that the United States economy is headed for a disaster. In a recent interview, Schiff said that when the dollar goes away as a reserve currency, so will the American standard of living. Schiff says the U.S. […]
