never be able to sell Bitcoins for anything close to its imagined current value... (Natural News) Disclaimer: I am pro-Bitcoin and pro crypto-currency. For 15 years, I have publicly and repeatedly criticized the central banks, fiat currency systems a
Offshore Yuan tumbled as Moody's cut China's credit rating to A1 from Aa3, saying that the outlook for the country's financial strength will worsen, with debt rising and economic growth slowing. This leaves the world's hoped-for reflation engine ra
Not even last night's Moody's credit downgrade of China - the first since 1989 - could dent the global stock rally which has pushed global stock prices to all time highs.
The constitutional crisis in Spain may be coming to a head quickly according to a leaked document on a "Secret Law for Catalonia Independence" as reported by El Pais.
Yet another Greek debt cliffhanger is in the works. After eight hours of intense negotiations, Greece, EU creditors, and the IMF did not reach agreement on restructuring Greek Debt.
Russian dominance over natural gas deliveries into Europe has been weakening, thanks in large part to the new ways in which natural gas can be transported as well as new sources of supply.
Two months ago, when quoting the CEO of cell phone insurer Assurant, who appeared on Bloomberg TV to discuss business trends, one of his quotes caught our attention: "the reality is, half of Americans can't afford to write a $500 check," Colber
Nearly five years ago, when looking at the cash and cash equivalents of Apple, which at the time was a far more "modest" $121 billion in gross cash (and virtually no debt at the time), we noted that Tim Cook's company was "the world's biggest hedge f
nequality deniers and apologists say the Oxfam methodology is flawed, but they're missing the big picture. Whether it's 6 individuals or 62 or 1,000 doesn't really matter. The data from the Credit Suisse Global Wealth Databook (GWD) and the For
There is an old saying that one should never talk about politics or religion. I think that is just a way to make sure people don't talk about anything productive or eye opening.
• https://www.lewrockwell.com, By Hans-Hermann Hoppe
At the beginning, I want to repeat a few points that I have made in my previous lecture on law and economics, and then I want to get to an entirely different subject than the one that I dealt with in that previous lecture.
(Natural News) According to author and activist John Perkins, we are all living in the world's "first global empire," one created (somewhat) secretly through economic means.
During the 1970s, Venezuela was the richest country in Latin America. With the region's highest growth rates and the lowest levels of inequality, it was also one of the most stable democracies in the Americas. But starting in the early 1980s, thing
Mix the World Economic Forum with New Urban Agenda, and you get a massive spawning-ground for public-private partnerships. P3 is a blending of public and private financing, most comparable to fascism. ? TN Editor
This week on China Watch: China pushes its New Silk Roads through Asia, Trump steps back, and Indian opposition intensifies. Prepare for a confrontation that will endure for decades, cost trillions, and perhaps end in war.
Hayman Capital's Kyle Bass has traditionally been media shy when it comes to public appearances or statements on Twitter, and in fact has rarely if ever Tweeted since joining the platform in February 2015. The changed that last night.
The UK's Telegraph just published an analysis of global debt that pretty much sums up the coming crisis. Here's an excerpt with a couple of the more hair-raising charts:
In the aftermath of the 2008 financial crisis, one country stood out: Iceland was the one nation in the world which not only let its banks fail, but convicted the bankers responsible for the collapse of the country's financial system...