Central banks have been dumping U.S. Treasury bonds because of the debt ceiling problem. The Tea Party will shut down funding if they have their way. This situation...
In Barcelona, many people asked if I thought the pro-independence parties in Spain’s Catalonia region would actually win. I told them it was inevitable as...
The 1985 World Economic Conference Back in 1985, we warned that the Sovereign Debt Crisis would emerge on 2015.75. How was 2015.75 forecast so far back? This is pi;...
The rumor mill has been nonstop. The crushing blow to Europe will be the failure of Germany’s biggest bank: Deutsche Bank. Just about every circle is quietly...
Yellen has inherited a complete nightmare. Thursday’s decision to delay the long-awaited liftoff from a zero interest rate illustrates that the world economy...
In the Middle East, the banks are trying to convince the Gulf States to begin issuing debt even if there is no need to borrow, simply so they have a market to...
The Japanese government’s economic revival strategy, which has been dubbed “Abenomics”, has proven to be a failure. We warned that the Sovereign Debt...
Back in May of 2013, Paul Krugman said there was no bubble in bonds. Now he is back saying that debt is good and there is not enough of it. So just what is...
COMMENT: I carefully read through all your missives you had sent over the weekend, highlighting the importance of Monday for the Dow, and the levels given. You...
The hyperinflation in Venezuela illustrates the real causes behind such events — the total collapse in the confidence of government. It is not a question of...
