Dilma Rousseff became the second president to be impeached in Brazil’s 31-year-old democracy, paving the way for a fundamental shift in economic policy after 13 years of her party’s leftist rule.
Central bankers have been using ever-more radical monetary policy to bolster the global economy. But they're reaching the end of their tether. Now they want governments to start spending.
The perfect replacement for the dollar when banks run out of QE steam? Brian Maher reveals the answer. Read on...
The sovereign debt of European nations continues to have negative yields at maturities of 8 years or less. Switzerland is negative our to 30 years...
Here is a chart of pending home sales YoY for July. Down -2.2%. Pending home sales YoY looks a lot like the US macro data.
The 2008 Great Financial Crisis came about because we began to hit "debt saturation" levels. The crisis was one of solvency but was attended to with added liquidity. Sovereign treasuries […]
My hunt for the gold bar list of the Dutch official gold reserves started in 2015...
Alasdair Macleod explains the US government's BIGGEST MISTAKE with gold...
If just 1% of investable assets flowed into precious metals, it would send them through the roof. There is so much more paper out there than gold and silver.”
which is just 20 tons shy of the previous burst of withdrawals which started in March of 2007, with the emergence of the subprime crisis, culminating in November 2008 with the bailout of AIG
Without global leadership, little of substance will be agreed at the coming summit
This may be the first state to go bankrupt. Welcome to the Sovereign Debt Crisis. This is the contagion you will finally start to hear about, but only after the elections
The central banks are trapped. They can no longer even hope to sell the bonds they have bought in a vain attempt to stimulate the economy.
The long-term cost of pensions for EU officials has increased very sharply. From late 2014 to the end of 2015, the liabilities have grown by 8.9% and have
Those without value-creating human/social capital will be mired in a low/minimum wage environment that will make it difficult to escape debt-serfdom.
Repo fails in the past two weeks (the week of August 17 the most current figures) were both more than $192 billion. Though that level is highly elevated, those were actually the fewest fails since mid-June
what all that money mess truly meant for the future of the world economy as risks turned frighteningly real in ways the Fed (or any central bank) still doesn’t comprehend.
the numbers of male workers (25-44) within the work force has fallen to its lowest point in over 48 years.
farmers have been forced to dump "millions of pounds of excess milk on to fields" while the USDA provided a $20mm "bailout" to cheese producers.
Finland is about to launch an experiment in which a randomly selected group of 2,000–3,000 citizens already on unemployment benefits will begin to receive a monthly basic income of 560 euros (approx. $600). That basic income will replace their existing benefits.