Zero Hedge: China Accounts For Half Of All Global Debt Created Since 2005: Here Are The Implications
Over three years ago, in November 2013, when the world’s attention was still largely focused on what the “Big 4” central banks would do…
Michael Tomlinson MP: Brexit is the greatest opportunity for free trade and prosperity since the repeal of the Corn Laws
Michael Tomlinson is Deputy Chairman of the European Research Group (ERG), and is MP for Mid Dorset and North Poole. I grant you that…
Benn Steil: Of Debt and Detriment
It is the exorbitant privilege of the United States that it can conjure the world’s primary reserve currency, Valéry Giscard d’Estaing, then French finance…
Joseph Y. Calhoun: Pump It Up
She’s been a bad girl. She’s like a chemical. Though you try to stop it, she’s like a narcotic. You wanna torture her. You…
Zero Hedge: With The Greek Crisis Back, There Are Five Possible Scenarios From Here
As discussed last Friday, Greece is back in the public spotlight and – hardly surprising – it is once again on the verge of…
Steve Mnuchin Defends the Myth of Fed Independence
By Tho Bishop One of the biggest surprises during Donald Trump’s unconventional presidential campaign was his frequent criticism of the Federal Reserve. Though he was…
Jeffrey P. Snider: Economic Hope As Inventory
Inventories in the fourth quarter rebounded rather sharply, at least in terms of how inventory is calculated as a contribution to GDP. The GDP…
Doug Casey: Comparing the 1930s and Today
You’ve heard the axiom “History repeats itself.” It does, but never in exactly the same way. To apply the lessons of the past, we…
Benn Steil: Mini Mac Trumps the Big Mac
The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it…
Italy Needs a Dose of Bugatti Capitalism
by Marcia Christoff-Kurapovna There is a peculiar intellectual and emotional revulsion that comes with reading about Italy’s endless cycle of economic and political woes…