Peter Schiff Warning Becomes Reality: Global Markets Tumble Again
• shtfplan.com By Mac SlavoA potential catastrophe could occur when the current economic bubble bursts and Peter Schiff has been warning of this for a while now.
ON AIR NOW
Click to Play
A potential catastrophe could occur when the current economic bubble bursts and Peter Schiff has been warning of this for a while now.
"Fortress balance sheets?"... "It's different this time"... "Greatest economy ever." If all of that is true, then why are the stocks of the most systemically important banks in the world collapsing?
"There's a healthy price for oil and energy and I believe that balances producing countries and consuming countries," Quartz quoted Dudley as saying on the sidelines of the conference One Young World in The Hague.
German Finance Minister Olaf Scholz said in an interview for publication Sunday he backed a global minimum fiscal regime for multinationals as Europe looks to levy tax notably on US tech giants.
China's economy is not crashing. Hyperbole works both ways.
Italy, on the Euro, has a currency that is 9% too high. Germany, on the Euro, has a currency that is 11% too low.
Contagion from the recent surge in Italian yields has spread, and is hitting Spanish 10Y yields which over the past 3 days have blown out from 1.65% to as high as 1.82% this morning, before paring some of the move, printing at 1.77% last which is sti
There's a lot of talk about the Yuan price of gold falling out of a price suppression channel. Both Zerohedge and Nomura have weighed in on this.
A China in crisis plays well for Trump, demonstrating the success of his economic campaigns. Sure, he can afford a few job losses, or, who blinks first? Xi knows China won't win an economic battle with Trump's US. What other cards does Xi hold?
The two main holders of United States Treasuries, the countries of China and Japan, have dumped the dollar. Both nations have dramatically cut their ownership of notes and bonds in August, according to the latest figures from the US Treasury Departme
The United States is the top ranking country in the World Economic Forum 2018 competitiveness rankings. The USA has not been number one in competitiveness since 2008.
The bigger they come, the harder they fall. Currently, we are in the terminal phase of an "everything bubble" which has had ten years to grow. It is the biggest financial bubble that our country has ever seen,...
Real home price growth looks to have already entered a cyclical downturn that is likely to intensify as affordability worsens...
Cannabis Set To Disrupt $500 Billion Market Amid DEA Approvals And Canadian Legalization: Canopy Growth CEO
Finance professor John Griffin, along with his doctoral student companion, Amin Shams, were the two academics that drew market-moving conclusions about bitcoin last year, while the digital currency was trading around $20,000.
Nine months after initial headlines warned of China reducing its Treasury purchases (sparking a mini-panic), a senior Chinese policy advisor has once again raised the specter of China rotating away from USD in its reserves, and specifically reducing
In this video, we give you the latest breaking news on the economy its possibility into calamity and collapse. We talk about the debt, possibility of worse situations because of it plus a lot of the breaking news today.
If Italy is going to avoid a full-blown euro zone debt crisis that's capable of causing turmoil in global financial markets, communication will be key.
The Russian Finance Ministry has announced a plan to wean the country of dollar dependence. It is expected to be a long and painful process. RT has asked analysts to explain how this could be done.
Earlier this week, the euphoria over US high yield bonds hit new post-crisis highs when amid a sharp slowdown in supply, a rise in the oil price and generally solid economic conditions...
Having been accused of 'moral bankruptcy' by US officials, The United Nations appears to be heading for fiscal bankruptcy as, earlier this summer, UN chief Antonio Guterres has warned staff that the world body is running out of cash and urged member
China's central bank announced it would cut the Required Reserve Ratio (RRR) for most banks by 1.0% effective October 15 for the fourth time in 2018, a little over three months after the PBOC announced a smaller, 0.5% cut on June 24, as Beijing seeks
New car sales in Australia are down for the sixth consecutive month. The real numbers are worse.
Can you feeeel it? (Article from 2012-12-07) (Kyrsten Sinema was interviewed on my show the first week I was on 2003-02-14 as an AntiWar activists, now she's a Hawk. Well, I sure as hell am not sending something to CNN I wouldn't share with you :)
Yet another shopping mall project looks to have fallen victim to "the Amazon effect", serving as evidence that brick and mortar retail, in the conventional sense, is doomed.
In retrospect, the bond rout which sent 10Y Treasury yields to the highest level since 2011 should have been obvious - after all just over a week ago, Dennis Gartman decided to go long "bonds and bond-link funds" in his retirement account, in additio
Back in April, BofA analyst Barnaby Martin suggested that in order to mitigate the potential fallout from the end of the ECB's QE, the European Central Bank could engage in an "Operation Twist" to flatten the curve and keep term premiums low, or in o
Debt is above 2008 level and failure to reform banking system could trigger crisis...
Debt is above 2008 level and failure to reform banking system could trigger crisis...
Chris Duane Video-Real World Spending of INSANE Government Debt!