Morning in America?
US unemployment figures came in better than expected last week at 8.5%. While noting that the figures under-represent actual unemployment, does this improvement mark…
US unemployment figures came in better than expected last week at 8.5%. While noting that the figures under-represent actual unemployment, does this improvement mark…
This phrase has suddenly started appearing in economic research, and will probably do so more frequently in the coming months. Its origin is a…
I recently posted an article for GoldMoney showing how US True Money Supply (TMS) appeared to be growing at a hyperbolic rate, and that…
From GoldMoney.com: In this video Philipp Bagus, Assistant professor of Economics at Madrid’s Universidad Rey Juan Carlos and author of The Tragedy of the…
For some time I have taken the view that rescuing eurozone governments from their financial crises was too big a job for the European…
Last Friday, David Cameron came back from Brussels having rejected proposals to draft a new European Union treaty, having failed to get promises of…
Derivatives have a bad name for many commentators, with some describing them variously as dangerous or even weapons of mass destruction. The sheer size…
By far the most important event of the week was the joint announcement by the world’s leading central banks that they were extending existing…
In the last two weeks the headlines have switched from Greece to Italy. Financial and economic commentators who dismissed Greece as a small cog…
The basic market problem is there is too much sovereign borrowing for the money available, which would normally drive interest rates sharply higher. Some…