Michael Snyder: Is “meltdown” the correct term for the current state of the US economy?
There are some who have suggested “stagflation” is a good description of current economic conditions, but the truth is we are facing something so much
There are some who have suggested “stagflation” is a good description of current economic conditions, but the truth is we are facing something so much
The first coins of Lydia were used to pay soldiers, not replace barter. This monetized silver. Empires need soldiers because war is the chief engine
The argument over whether we’re in for global warming or global cooling and whether what’s coming is natural or human-made is fun but totally irrelevant
After a long, initially-successful run promoting European integration and mass immigration, German Chancellor Angela Merkel saw the bottom fall out of her political fortunes this
Excerpted from Michael Pento’s Pento Portfolio Strategies China appears to have more to lose from a trade war with the US simply because the math
No rest for the wicked. With the shockwaves from Brexit and President Trump still reverberating around the world, the established order is bracing for more
These are great times for financial assets — and by implication for finance companies that make and sell them, right? Alas, no. Just the opposite.
Europe is the birthplace of Western civilization and the source of most of the trends and bodies of knowledge that define modernity. The average European
Another Monday, another set of “surprisingly” bad economic numbers. A few representative headlines: China manufacturing prices decline for 18th straight month Oil prices fall 5%
Portugal has entered a phase change, with potentially huge ramifications. After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties,
One of the oddities of floating exchange rates is that they cause people to view the world in terms of their own national currency. For
The following is an edited excerpt from The Money Bubble: What To Do Before It Pops: During a 2011 congressional banking subcommittee hearing, Texas congressman
Last year the world kind of forgot about Europe. After ECB head Mario Draghi vowed to “do whatever it takes” to get the Continent growing,
Japan’s currency devaluation has worked beautifully. The yen is plunging, Japanese stocks are soaring, and the current account surplus — the main measure of a
It’s easy to understand the attraction of things like adjustable-rate mortgages and teaser-rate credit cards. They give you cheap money up front and a few
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