Ryan McMaken: The European Central Bank Finally Throws in the Kitchen Sink
Back in January, ECB President Mario Draghi doubled down on his earlier commitment to do “whatever it takes” to prop up the European economy with…
David Stockman: Thanks For The Corporate Bond Bubble, Fed
Once upon a time businesses borrowed long term money—-if they borrowed at all—-in order to fund plant, equipment and other long-lived productive assets. That…
Zero Hedge: Sudden Plunge In Japanese Government Bonds Triggers Circuit Breaker, Halts Market For 30 Seconds
It was just yesterday when we observed the record collapse across the Japanese curve when first the 10Y JGB plunged to an all time…
Eugen von Böhm Bawerk: Greenspan, the Sheepherder
It is common knowledge by now that Federal Reserve Chairman Alan Greenspan oversaw, enabled and approved of, a major transition in the US economy….
Benn Steil: Could China Have a Reserves Crisis?
Last summer, U.S. lawmakers were condemning China for pushing down its currency, arguing that it was still “terribly undervalued.” But those days may be…
David Stockman: The War On Savers And The 200 Rulers Of Global Finance
Source: http://davidstockmanscontracorner.com/the-war-on-savers-and-the-200-rulers-of-world-finance/ There has been an economic coup d’état in America and most of the world. We are now ruled by about 200 unelected central bankers, monetary apparatchiks and…
EU to regulate virtual currency exchanges and wallet providers
This article is from EDCAB.eu, with whom The Cobden Centre is working regarding a project for the European Parliament on digital currencies. Source: http://edcab.eu/blog/eu-tackles-virtual-currency-exchanges-wallet-providers The European…
Zero Hedge: This Could Be A Problem: China’s Debt-To-GDP Rises To A Gargantuan 346%
Source: http://www.zerohedge.com/news/2016-01-28/could-be-problem-chinas-debt-gdp-rises-gargantuan-346 In early 2015, after years of China’s massive debt pile being roundly ignored by most so-called experts (despite being profiled here many years…
Mises.org: Brazil’s Easy-Money Problem
By Lucas Vaz, source: https://mises.org/library/brazils-easy-money-problem Brazil is undergoing what is considered its worst economic crisis in seventy years, and there is usually no agreement when…
Emerging Markets Fear Yellen, But Need To Keep Their Eye On Draghi
Mr. Steil is director of international economics at the Council on Foreign Relations. Ms. Smith is an analyst at the Council. President of the European…