Thanks to negative interest rates at the ECB, record low unemployment, and a desire to maintain a balanced budget, Germany's Budget Surplus Hit a Record High since reunification in 1991.
Thanks to negative interest rates at the ECB, record low unemployment, and a desire to maintain a balanced budget, Germany's Budget Surplus Hit a Record High since reunification in 1991.
Their agenda may be on the rocks in the United States at the moment, but that doesn't mean that the globalists are giving up. In fact, a major push toward a cashless society is being made in the European Union right now.
China's holdings of U.S. Treasuries declined by the most on record last year, as the world's second-largest economy dipped into its foreign-exchange reserves to buttress the yuan. Japan, America's largest foreign creditor, trimmed its holdings
, A Lot Of People Will Disappear"..."Get prepared," warns billionaire commodity guru Jim Rogers, "because we're going to have the worst economic problems in your lifetime and a lot of people are going to disappear."
Jeffrey Tarrant is a Wall Street guy. He spent the last thirty years investing in new hedge funds. As the founder and CEO of a firm called Protege Partners, he compares himself to Sam Altman, the president of Y Combinator. What Altman does for Silico
According to a White House press release, the first member of the Trilateral Commission has entered the Trump administration as the Deputy Assistant to the President for International Economic Affairs, where he will sit on the National Security Counc
The dream of any decent libertarian is to watch those in power running from the public eye as a deer runs from a wolf: to eat popcorn while watching an endless procession of handcuffed politicians off to the jailhouse, and ultimately to dance and dri
A few months ago, the Indian government withdrew 86% of banknotes in circulation. Ostensibly, it was to cut down on the black market economy and tax cheats, but it also wiped out a large percentage of the wealth of the poorest people, who hold their
With general elections scheduled in France, Germany and the Netherlands this year amid an increase in support for anti-euro rhetoric, European bonds from Germany to Greece saw yields surge in January. In fact, as Bloomberg notes, euro-region bonds ha
He appealed directly to white Southerners and ethnic working-class Northerners, largely ignoring the left-leaning media, academia, and racial minorities. And he imposed a 10% tariff on imports.
Global export of goods (priced in US dollars) has collapsed in Japan, the EU, and emerging markets, since their recovery highs following the great recession.
To say that Brazil is in the midst of huge political and economic crises is probably an understatement. Brazilian GDP has decreased for 3 years in a row, unemployment stands at 10.9%, and inflation is high. States like Rio de Janeiro and Minas Gerais
The market is pricing in a lot of "Everything is Awesome". Reader Jason Leach, CFA, asks "Is all this awesomeness, real or fantasy? Has it been pulled forward?"
Is Poised To Become A Major Crisis...While most of the country has been focused on the inauguration of Donald Trump, a very real crisis has been brewing behind the scenes. Foreigners are dumping U.S. debt at a faster rate than we have ever seen befor