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Peter Schiff: The Dollar And American Standard Of Living Will Be ‘Biggest Casualties’
Peter Schiff: The Dollar And American Standard Of Living Will Be ‘Biggest Casualties’ The United States economy is about to crash and it will take the dollar and the American standard of living with it. Peter Schiff, who currently serves as the CEO of Euro Pacific Capital, says it is time to prepare for the global […]
ECB To End QE In December, Will Keep Rates Unchanged “As Long As Necessary”
ECB To End QE In December, Will Keep Rates Unchanged “As Long As Necessary” In a statement that was a virtual replica from September, the ECB announced it was keeping its three key rates unchanged (main refinancing operations: 0.00%, marginal lending facility: 0.25%; deposit facility: -0.40%), that it will end its LSAP QE program at […]
Stock Market Crash! The Dow Has Now Plunged 2,368 Points From The Peak Of The Market
Stock Market Crash! The Dow Has Now Plunged 2,368 Points From The Peak Of The Market The level of panic that we witnessed on Wall Street on Wednesday was breathtaking. After a promising start to the day, the Dow Jones Industrial Average started plunging, and at the close it was down another 608 points. Since […]
Volcker Recalls Another Time the Fed Was in the President’s Crosshairs
Volcker Recalls Another Time the Fed Was in the President’s Crosshairs The central banker’s memoir recounts an awkward encounter with Ronald Reagan. Reagan and Volcker in the Oval Office in 1981. PHOTOGRAPHER: J. SCOTT APPLEWHITE/AP PHOTO Donald Trump’s repeated public criticism of the Federal Reserve’s monetary policy seems extraordinary, but he isn’t the first president […]
UBS Warns Trump’s Trade Fights Are ‘Reversing 15-Years Of Global Progress’
UBS Warns Trump’s Trade Fights Are ‘Reversing 15-Years Of Global Progress’ Protectionism has cross-party support in the U.S., and nationalist parties continue to gain traction in Europe. Where there is inequality, there is a surge in protectionism; a risk that could trigger the next global economic crisis sometime around 2020. The Trump administration’s trade war and […]
Eight Reasons a Financial Crisis is Coming
Eight Reasons a Financial Crisis is Coming It’s been about 10 years since the last financial crisis. FocusEconomics wants to know if another one is due. The short answer is yes. In the last 10 years not a single fundamental economic flaw has been fixed in the US, Europe, Japan, or China. The Fed was […]
Excerpt From “De-growth in the Suburbs, A Radical Urban Imaginary.”
EXCERPT FROM “DE-GROWTH IN THE SUBURBS, A RADICAL URBAN IMAGINARY.” Over the next 4 weeks we will be sharing with you excerpt from Samuel Alexander and Brendan Gleeson’s new book, “Degrowth in the Suburbs: A Radical Urban Imaginary”. This book addresses a central dilemma of the urban age: how to make suburban landscapes sustainable in the face […]
Teetering On The Brink Of Disaster: 14 Of 19 Bear Market Signals Have Now Been Triggered
Teetering On The Brink Of Disaster: 14 Of 19 Bear Market Signals Have Now Been Triggered October 2018 is turning out to be a lot like October 2008. The S&P 500 has now fallen for 12 of the last 14 trading days, and it is on pace for its worst October since the last financial […]
This Stock Market Is “Gradually” Rotting Under the Covers
This Stock Market Is “Gradually” Rotting Under the Covers And some of the rot is oozing to the surface. The sell-off on Tuesday didn’t weigh on the scale of sell-offs: The Dow, the S&P 500, and the Nasdaq were down only around 0.5%, give or take a little. But in the broader sense, declines of […]
CN VIDEO—Jill Stein Talks to Consortium News: ‘We Are Being Robbed Blind by the War Profiteers’
CN VIDEO—Jill Stein Talks to Consortium News: ‘We Are Being Robbed Blind by the War Profiteers’ During the Women’s March on the Pentagon, Jill Stein, the Green Party’s 2016 candidate for president, told Consortium News Video that war is robbing us blind. 2016 Green Party presidential candidate Jill Stein spoke to Consortium News Video during the […]
China’s Oil Addiction Is Its Main Weakness As A Superpower
China’s Oil Addiction Is Its Main Weakness As A Superpower For decades, the U.S. was so reliant on foreign crude oil imports that it dictated much of the country’s foreign policy spanning numerous presidential administrations. As far back as the 1970s, especially after the 1973-74 Arab oil embargo that threatened economic survival, foreign policy decisions […]
Paul Volcker Trashes Fed, Washington Plutocrats: World’s In “A Hell Of A Mess In Every Direction”
Paul Volcker Trashes Fed, Washington Plutocrats: World’s In “A Hell Of A Mess In Every Direction” While we have grown used to Alan Greenspan’s flexible world views appearing regularly among US media channels, when former Fed Chair Paul Volcker speaks, it’s low frequency nature tends to make on pay attention, and he is not optimistic […]
UK Readies Apocalyptic Flotilla Of Emergency Supplies In Case Of “No-Deal” Brexit
UK Readies Apocalyptic Flotilla Of Emergency Supplies In Case Of “No-Deal” Brexit UK authorities are drawing up plans to charter a flotilla of supply ships to ferry in emergency food and medicines in the event of a “no-deal” Brexit next March, according to FT, which reports that the move was “greeted with disbelief at a stormy […]
