By Ellen Brown – Prepared in consultation with Timothy Canova, Professor of Law, Chapman University; and Robert Bows, board of directors, Public Banking Institute The recent interest in state-owned banks has provoked...
Read MoreBy Frank Holmes Back in August, we discussed the precarious proclamation that Venezuelan President Hugo Chavez was shipping his country’s gold reserves home for safekeeping. On Friday, we learned Chavez’s chosen...
Read MoreBy Michael Snyder The central banks of the world are acting as if it is 2008 all over again. Desperate times call for desperate measures, and right now the central bankers are pulling out all the stops. The Federal Reserve, the...
Read MoreBy Bruce Krasting The Fed/other Central Banks announced a round of coordinated measures to assist the ECB on Wed. Nov. 30. My point in this article was that the ECB has no friends, and that was the weakest link in their defense...
Read MoreBy Michele Lin at Economy Watch The year 2011 has been a roller coaster ride of sorts. It began with the Tunisians toppling their authoritarian regime, which we soon realized was a catalyst for what many have labelled the...
Read MoreBy Louis Basenese For most people, Friday’s just the day before the weekend. For us, though, it’s much more. It’s the day I sum up the week’s most important economic and investment news. And I do it...
Read MoreBy Tim Iacono More from The Economist, from today’s interactive Daily Chart where, with the exception of the U.K., it’s relatively easy to identify which housing bubbles have already burst: Ireland clearly had the...
Read MoreBy. John C.K. Daly China is leaving no shale deposit unturned in its effort to develop indigenous energy resources. On 24 November China’s Ministry of Land and Resources geological exploration department head Peng Qiming...
Read MoreBy Global Economic Intersection The Federal Reserve has ordered the 31 largest banks in the U.S. to respond to a new set of stress tests to demonstrate their ability to withstand another severe recession if one were to occur...
Read MoreBy Prieur du PlessisMy GDP-weighted ISM PMI Employment (manufacturing and non-manufacturing combined) in October bounced to 53.3 after contracting for the first time in 17 months in September and falling to below 50 – the...
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