Tags » Debt

In A Battle Between Trump And The Federal Reserve, Who Really Wins? by Brandon Smith

At this point, one needn’t be particularly astute to see a mammoth financial and economic crash coming; that’s what happens to systems that are as indebted as the global system is. 324 more words


Move over Greece, Italy's Crisis Will Be Worse, by Daniel J. Mitchell

Greece is garnering headlines again as it moves towards another crisis, but the Italian economy is much larger, the third largest in Europe, and its banking system is on the verge of a crisis that would be much more severe than the Greek soap opera. 357 more words


Should Trump “Unleash” Wall Street? by Bill Bonner

Wall Street is a perfect case study in how an industry deteriorates in a mixed economy. From Bill Bonner at bonnerandpartners.com:
LOVINGSTON, VIRGINIA – Stocks show little movement. 308 more words


Donald Trump, Saudi Arabia, and the Petrodollar, by Nick Giambruno

The petrodollar has been the anchor of the world’s dollar-reserve currency system since Nixon abandoned the last vestige of the gold standard in 1971. It has also been a huge boon for the US, and abandonment of it will make it much harder for Americans to live beyond their means. 324 more words

Foreign Policy

How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track, by John Rubino

Sooner or later, Europe and its euro will collapse under its debt load. From John Rubino at dollarcollapse.com:

Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. 333 more words


Alan Greenspan: Ron Paul Was Right About The Gold Standard, by Tyler Durden

Former Ayn Rand acolyte and gold standard proponent Alan Greenspan is a mess of contradictions. From Tyler Durden at zerohedge.com:

As John Rubino eloquently puts it… 362 more words


Not Nearly Enough Growth To Keep Growing, by Raúl Ilargi Meijer

Growth has been in a long-run downtrend, and the Chinese credit spigot that has kept the global economy afloat is running into the law of diminishing returns. 306 more words