Home » Posts tagged 'debt' (Page 43)
Tag Archives: debt
Here’s How “External Dollar Debt” Produces An “Emerging Market Crisis”
Here’s How “External Dollar Debt” Produces An “Emerging Market Crisis” Emerging market currencies are collapsing pretty much everywhere these days. But it’s safe to assume that most people don’t understand exactly what’s causing this outbreak, why it’s happening now, or what “external dollar debt” has to do with it. So here’s a quick primer followed […]
You Should Fear the Emerging Market Debt Bubble
You Should Fear the Emerging Market Debt Bubble Global debt has ballooned since the financial crisis as central banks have distorted markets and fueled debt bubbles in particular. A lot of the increase in global debt has come from emerging market (EM) economies, especially China. In fact, a record amount of EM debt has accumulated […]
Looks Like Italian Default is Back on the Menu
Looks Like Italian Default is Back on the Menu Italian Deputy Prime Minister Matteo Salvini was right to call out the EU over the failure of the bridge in Genoa this week. It was an act of cheap political grandstanding but one that ultimately rings very true. It’s a perfect moment to shake people out of […]
From “Doom Loop” To Just “Doom”: Italian Debt Faces A “Huge Structural Shift”
From “Doom Loop” To Just “Doom”: Italian Debt Faces A “Huge Structural Shift” At the start of July, we revealed that a familiar force had returned to Europe. According to ECB data, during May when the market saw unprecedented Italian government bond turmoil, Italian bank holdings of domestic government bonds showed record buying over the […]
Chart Of The Day: Australia’s Record Household Debt Is A Ticking Time Bomb
Chart Of The Day: Australia’s Record Household Debt Is A Ticking Time Bomb The Australian household debt to income ratio has ballooned to shocking levels over the past three decades as Sydney is ranked as one of the most overvalued cities in the world. According to the Daily Mail Australia, credit card bills, home mortgages, and personal […]
16 Billion Reasons Why Turkey’s Currency Crisis Will Become A Debt Crisis
16 Billion Reasons Why Turkey’s Currency Crisis Will Become A Debt Crisis Earlier this week, when the Turkish lira imploded over the weekend, plunging by the most on record in two consecutive days, bonds of Turkish banks tumbled amid concerns that lira’s slump this year would makes it extremely difficult for lenders to repay dollar-denominated […]
US Household Debt Hits Record $13.3 Trillion
US Household Debt Hits Record $13.3 Trillion Total household debt hit a new record high, rising by $82 billion to $13.29 trillion in Q2 of 2018, 3.5% higher than a year earlier according to the NY Fed’s latest household debt report. It was the 16th consecutive quarter with an increase in household debt, and the […]
Top U.S. Shale Producers Soaring Debt Service Guts Profits
Top U.S. Shale Producers Soaring Debt Service Guts Profits The massive debt accumulated by the U.S. Shale Industry is now decimating company profits. As company debts and interest rates rise, these shale producers interest expense also continues to increase. Debt service is not only cutting into company profits, but it also takes a great deal […]
Talk Cold Turkey
Talk Cold Turkey Henri Matisse View of Nôtre Dame 1914 Recep Tayyip Erdogan became Prime Minister of Turkey in 2003. His AKP party had won a major election victory in 2002, but Erdogan was banned from political office until his predecessor Gül annulled the ban. Which he had gotten in 1997 for reciting an old […]
That Escalated Quickly: The Emerging Market Currency Crisis Of 2018 Threatens To Destabilize The Entire Global Financial System
That Escalated Quickly: The Emerging Market Currency Crisis Of 2018 Threatens To Destabilize The Entire Global Financial System We haven’t seen emerging market currencies crash like this in over a decade, and analysts are warning that if this continues we could witness a devastating global debt crisis. Over the past decade, there has been an […]
Trump buys into the Krugman con
Trump buys into the Krugman con Leading economic indicators suggest that the Republicans are headed into the fall mid-term election season with the wind at their backs. Real GDP growth hit 4.1% during the second quarter. The unemployment rate recently slipped to 3.9%, and the US Federal Reserve is finally starting to meet its inflation […]
Uncertainty Grips Troubled Pemex, World’s Most Indebted Oil Company
Uncertainty Grips Troubled Pemex, World’s Most Indebted Oil Company “Even a small deterioration” in its perceived credit risk could take a big financial toll on Mexico. Mexico’s President-elect, Andrés Manuel Lopez Obrador (AMLO), does not enter office until December 1, but he’s already making big waves, particularly in the oil and gas industry. On the […]
Debate Over Target2 Continues: Twilight of the Euro
Debate Over Target2 Continues: Twilight of the Euro The Target2 debate continues. Eurointelligence Promotes Still More Silliness. I previously commented on Target2 in Eurointelligence Displays Stunning Ignorance Regarding Target2. Eurointelligence blasts Faz for inaccuracies while spreading a pile of its own through the mouth of Mark Schieritz who says (translated) Do not be afraid of […]
Warren Buffet’s Favorite Stock Market Metric Is Signaling Huge Downside Ahead
Warren Buffet’s Favorite Stock Market Metric Is Signaling Huge Downside Ahead Today – Apple became the first public company worth over $1 trillion dollars. . . Thanks to very low interest rates – the company’s piling on debt and buying their own shares back – shrinking the float. And because of a worldwide rush into mutual […]
Gold Yuan Crypto
Gold Yuan Crypto George Caleb Bingham The verdict of the people 1854It’s been a while since we last heard from Dr. D, but here he’s back explaining why neither gold nor the yuan nor cryptocurrencies can or will replace the dollar as the reserve currency, but together they just might: Dr. D: “Some debts are […]
