By Commodity Trade Mantra Regulation issues, scandals and a protracted slow-growth economy seem to have finally caught up with big Banks. The Banking sector is rapidly getting so skewed that ONLY a complete collapse of the...
Read MoreBy Bruce Krasting The Congressional Budget Office produced two reports on Obama Care yesterday. The first (A – Link) did an analysis of what the cost would be if we just junked the Affordable Care Act (ACA). The second (B...
Read MoreBy Michael Snyder Every single day more Americans fall into poverty. This should deeply alarm you no matter what political party you belong to and no matter what your personal economic philosophy is. Right now, approximately 100...
Read MoreBy James Picerno of The Capital Speculator Poverty is a hardy perennial. But while no one will be surprised to learn that eradicating poverty is difficult, perhaps impossible, there was at least some modest progress over the...
Read MoreBy Stan Abrams After 1949 when the Communists defeated the Nationalists for control of China, the mournful refrain from Washington, D.C. was “Who Lost China?” This arrogant display of superpower Cold War finger...
Read MoreBy Economy Watch Europe’s paymaster and the region’s largest economy, Germany, is at risk of losing its stellar AAA credit rating as Moody’s reiterates its warning that no country is safe from the crisis that...
Read MoreBy Michael Snyder Where have we seen this before? Bond yields soar above the 7 percent danger level. Check. The stock market crashes to new lows. Check. Industrial activity plummets like a rock and the economy contracts. Check....
Read MoreBy Mindful Money via QFinance Because of the nature of the situation in the Euro area the situation in the periphery is often up for analysis. For example I looked at Spain’s current problems only yesterday. However if you...
Read MoreBy Russ Winter Negative real sovereign yields and now negative nominal yields (NIRP) prevail across the world because central banks are acting as buyers (or funders of buyers) of last resort of sovereign debt. Central banks are...
Read Moreby Gerd Schwartz and Ruud de Mooij (viaiMFDirect) Faced with a jobs crisis, policymakers the world over are digging deep into their policy toolkits to generate more employment. A recent study by the IMF’s Fiscal Affairs...
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