For the first time ever, German 10-year sovereign bonds dipped below zero. With that event, Germany joined Japan and Switzerland in the negative 10 club.
Sad to say, you haven't seen nothin' yet. The world is drifting into financial entropy, and it is going to get steadily worse.
Chart Of The Day: Lowest Interest Rates In 5000 Years
TN Note: Historic Technocracy was reborn by David Rockefeller and Zbigniew Brzezinski when they started the Trilateral Commission in 1973. The TC's marketing tagline was to create a "New International Economic Order."
e mainline of economic thinking, which sees markets as effective coordinating processes and is skeptical of what government can do to improve on them. Third, this list is most emphatically not the 12 articles people should read. I can think of anothe
Lenders in Europe and Japan are rebelling against their central banks' negative interest rate policies, with one big German group going so far as to weigh storing excess deposits in vaults.
The speculators have found food, prices will skyrocket. Obamacare is Zerocare, and Oil making new highs. Where does it end up? Find out now.
When it comes to China's new credit creation, at least the country is not shy about exposing how much it is.
Stop me if you've heard this one before: A Fed official walks into a bar and says the economy is improving and rate hikes are appropriate. The patrons order another round to celebrate. Then disappointing data comes out, the high fives stop, and the
3 Signs of a Recession Janet Yellen Is Ignoring … The Fed Chair's upbeat speech glossed over key warning signs. Federal Reserve Chair Janet Yellen was upbeat on Monday in a speech at The World Affairs Council, where she largely dismissed the nega
As the EU referendum looms, a great counsel of war is gathering.
In my forthcoming book of "Great Explanations", European Commission president Jean-Claude Juncker may very well get top billing.
The amount of debt globally yielding below zero has passed $10 trillion (£6.9 trillion) for the first time in history, thanks to a combination of "unconventional monetary policies, regulatory risk mitigation by banks, and a flight to safety in globa
As we write about the risks of our over-indebted economy, of our unsustainable fossil fuel-dependent energy policies, and our accelerating depletion of key resources, it's not a far leap to start worrying about the potential for a coming degradatio
Shocking. Astonishing. Jaw dropping.
Back in March, the former Fed chairman said that we're in trouble because "productivity is dead in the water, and real capital investment is way below average because business people are very uncertain about the future." Greenspan went on to add that
Shops are being looted as Venezuela's citizens, who live on top of the world's largest oil reserves, are literally starving and dying for lack of food and medicine; all while the country's gold reserves are being sold to finance its debt. With 1.
Economists overwhelmingly reject Brexit in boost for Cameron … Poll shows 88% of 600 experts fear long-term fall in GDP if UK leaves single market, and 82% are alarmed over impact on household income. -Guardian
China is hooked on debt, and the policymakers' idea of treating the addiction could make things worse.
CELENTE EXPLAINS HOW THE CASHLESS SOCIETY IS USHERING IN TOTAL TYRANNY
Former Morgan Stanley Chief Asia Economist: "Don't Listen To The Ruling Elite, The World Economy Is In Real Trouble"
The world economy is in a fascinating period. It is an encouraging time for those hopeful about Bitcoin and other open blockchain-based systems, but many high-level decision-makers still must be persuaded of this technology's global impact.
George Soros is buying massive amounts of gold as the Chinese debt bubble threatens the world economy. Gerald Celente makes bold statements with Gary Franchi on the Next News Network.
Next "Lehman-scale crisis" lurks in the shadows
On a recent weekday, just a few miles from where the government was holding military exercises preparing for a foreign invasion, about a dozen senior citizens were gathered in a classroom learning about another war-time innovation.
We are all originarios…
Ever since last September, when we explained that as a result of China's crackdown on capital controls, the one clear winner (in addition to Vancouver real estate) would be bitcoin, the digital currency has more than doubled in dollar terms, rising f
On a recent weekday, just a few miles from where the government was holding military exercises preparing for a foreign invasion, about a dozen senior citizens were gathered in a classroom learning about another war-time innovation. "Vertical garden
The Fed's Amazing Self-Fulfilling Forecast … The Federal Reserve's track record of economic forecasting is a lot better than many observers recognize. It might also offer some insight into the central bank's approach to managing the recovery.
The war on cash is now a global phenomenon: under the pretext of tracing criminal activity, governments everywhere are cracking down on commerce that isn't monitored or controlled.