How Central Bankers Blew Up the Global Economy
Why rates can’t — and won’t — rise. … Read More How Central Bankers Blew Up the Global Economy
Time’s Running Out for World’s Most Indebted Oil Company
US rating agencies pressure Pemex and the new Mexican government. But Pemex is too big to fail… Read More Time’s Running Out for World’s Most Indebted Oil Company
Trump Asks Germany, Japan To Pay For Being Occupied
The extortion scheme is likely to be a perfect own goal.… Read More Trump Asks Germany, Japan To Pay For Being Occupied
Default Or Exit: A Battle Between Italy And The EU Is Inevitable
There is a strong possibility that the EU’s leaders will soon be faced with a choice: try to save Italy (and the whole of Europe) from yet another crisis or set an example by punishing the Italian government for the country’s independent economic and foreign policies… Read More Default Or Exit: A Battle Between Italy And The EU Is Inevitable
One Third of UK Billionaires Have Moved to Tax Havens
Super-rich continue to fund political parties despite law banning the practice.… Read More One Third of UK Billionaires Have Moved to Tax Havens
UK Cash System on Verge of Collapse, Report Finds
Review predicts cash could fall to just 10% of all payments in the next 15 years… Read More UK Cash System on Verge of Collapse, Report Finds
This Tiny Country Has $245 Billion Invested in U.S. Stocks
Its central bank is not the only one meddling in the U.S. stock market… Read More This Tiny Country Has $245 Billion Invested in U.S. Stocks
If Central Banks Are The Only Game In Town, We’ve Lost
Relying on monetary policy to prop up asset prices and smooth out global volatility is a recipe for disaster… Read More If Central Banks Are The Only Game In Town, We’ve Lost
Giving the Bomb to Saudi Arabia’s Doctor Strangelove
A nuclearized Saudi Arabia is a grave existential threat to the Middle East and ultimately the United States… Read More Giving the Bomb to Saudi Arabia’s Doctor Strangelove
Trump and Netanyahu Scandals Could Create Very Dangerous Scenario
Desperate men do desperate things… Read More Trump and Netanyahu Scandals Could Create Very Dangerous Scenario
Europe’s Leaders Are Aiding Italy’s Populists
The fact that Italy’s public debt has a lower credit rating than private debt is a reflection not of public debt’s intrinsic inferiority but of a political choice made by European leaders. And, by bolstering an authoritarian politician, that choice is now blowing back on them.… Read More Europe’s Leaders Are Aiding Italy’s Populists
Automakers in the UK Are Not Amused
Laying off workers and closing plants as exports and production plunge — Jaguar Land Rover is the biggie. … Read More Automakers in the UK Are Not Amused
