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Poloz to Queen’s University debt slaves: don’t worry about the “poverty effect”
Poloz to Queen’s University debt slaves: don’t worry about the “poverty effect” Kingston – Bank of Canada Governor Stephen Poloz got a warm welcome following a key policy presentation at his alma mater last week “These are exciting times,” Poloz told a large crowd at Queen’s University . “Students here will shape the future. I […]
Richard Sylla: 70% to 80% Chance of Another Global Financial Crisis
Richard Sylla: 70% to 80% Chance of Another Global Financial Crisis When Janet Yellen, Chairman of the US Federal Reserve, said in June that she does not expect another financial crisis in our lifetime, eyebrows were raised. None more so than Richard Sylla’s. Sylla, a professor emeritus at the Stern School of Business and co-author […]
Russia and China Strengthen Their Alliance, Weakening the US Dollar in the Process
Russia and China Strengthen Their Alliance, Weakening the US Dollar in the Process Month after month, year after year, the mighty King Dollar is slowly being weakened, its monopolistic grip as the fiat reserve currency of the world steadily lessening. To many, this reality passes them by, as they are blissfully ignorant to the facts, […]
Bank of Canada Shuts Out Free Market Economists from Key Policy Conference – Peter Diekmeyer
Bank of Canada Shuts Out Free Market Economists from Key Policy Conference – Peter Diekmeyer Next week’s Bank of Canada policy conference appears set to deliver standard talking points. Not a single free market economist has been invited and a BOC spokesperson confirmed that the alternative-financial press is also being shut out. The BOC […]
A 1970s self-help guru’s hint why investors may be duped (again)
A 1970s self-help guru’s hint why investors may be duped (again) America’s top forecasters missed the 2008 market crash, during which stock investors lost half their money. Now with stocks approaching bubble territory it looks they are again ignoring warnings signs. What gives? The biggest red flag is the S&P 500 index, which groups 500 […]
How Solid are Canada’s Big Banks?
How Solid are Canada’s Big Banks? The World Economic Forum consistently ranks Canada’s banks among the world’s safest. Competent regulators have overseen stress tests, tightened lending standards and delinquency rates are low. Demographics are good and the country’s diversified economy is backed by a treasure of oil, wood, gold and other natural resources. So the […]
Hyperinflation Defined, Explained, and Proven: Part II – Jeff Nielson
Hyperinflation Defined, Explained, and Proven: Part II – Jeff Nielson Part I began the somewhat ambitious mission described in the title: providing readers with the true definition of the term “hyperinflation”, in both economic and mathematical terms. This was done through first defining the term “inflation” itself. It was then explained how the dynamics of inflation/hyperinflation […]
Big Banks Caught Using Credit Default Swaps To Destroy Nations
Big Banks Caught Using Credit Default Swaps To Destroy Nations At the beginning of 2010, readers were presented with what was (at the time) merely a theory. The Big Bank crime syndicate was engaged in the serial manipulation of credit default swaps, in order to (among other things) destroy the economies of entire nations. It’s one of […]