If this works in India, they will adopt this forced measure by 2018 in many countries. Europe will probably be next.
Naturally, this will lead to an increase in costs for restaurant owners who will then seek to raise prices and/or reduce costs.
By David Stockman. Posted On Wednesday, January 4th, 2017
The latest statement issued yesterday by the Department of Treasury, the national debt has reached $19,976,826,951,047.80.
Financial journalist Nomi Prins in discussion on the future of the global financial system and the artisanal money era. Catch the full conversation here...
And redenominate French government debt in a new national currency.
Internet data mining expert Clif High uses calls what he does “Predictive Linguistics,” to mine the Internet and collects billions of data points to produce forecasts of the future. High […]
Kenneth Ameduri, editor of CrushTheStreet.com, argues that silver markets will see a surge during the Trump administration.
A worrying blockage in Europe's financial plumbing is now acute.
The euro zone periphery may see a return to the financial crisis similar to the one witnessed at the end of 2011, an analyst has warned.
The European Central Bank had bought 1.53 trillion euros ($1.56 trillion) worth of bonds at the end of last year as part of a money-printing program which it hopes will boost inflation and growth in the euro zone, ECB data showed on Tuesday.
here they come. It’s April 16, 2017. They will not reform and they cannot keep this game moving.
Jim Rickards reveals how inconceivable policies like negative interest first become possible… then inevitable. What in blazes are “unencumbered” interest rates? And how do you fight back? Read on...
Manhattan resale home prices tumbled by the most in more than four years, a sign that sellers are lowering their expectations in a slowing market where buyers have the option to walk away.
Like the Titanic, we’re plowing full steam ahead into a future riddled with hidden and not-so-hidden dangers. We too have been given ample warnings, only to have them drowned out by a carefully choreographed cacophony of political noise
The US Dollar may turn lower if minutes from December’s FOMC meeting pour cold water on aggressive rate hike speculation.
This matters because the number one cause of the high cost of living is artificial scarcity created and maintained by monopolies, cartels, and the government that serves their interests.
with growing signs that inflation on both sides of the Atlantic is accelerating, investors rediscovered their faith in the Trumpflation rally, pushing global stocks a&US equity futures higher, fueling a second day of 2017 equity gains ahead of today's release of the Fed's December minutes.
China Capital Controls Introduces Yet Another Round Of Capital Control Measures Chinese policymakers have introduced yet another round......
So the Washington Post is going to lead the fight against fake news? Isn't that like putting the fox in the henhouse? Time and time again of late the WaPo is caught colluding with the US government to create fake news. Is the mainstream media having a nervous breakdown?