While everyone is endlessly told about the world-ending dangers of Brexit, I wonder if we should be paying a little more attention to Deutsche-it. If the UK leaves the EU the EU will survive.
Overstock.com CEO & founder and tZERO Executive Chairman Dr. Patrick M. Byrne discusses building a "blockchain's tech stack for civilization" in his keynote address at the 2019 North American Bitcoin Conference.
He is one of the better-known thinkers The New Yorker has dubbed 'The Dystopians' in an excellent 2009 profile, along with the brilliant Dmitry Orlov, another regular contributor to RI (archive). These theorists believe that modern society is heade
The mood at Davos 2019 was the most uncertain in years. Trade tensions between the US and China, slowing global growth, the backlash against big tech, volatile markets and political standoffs are sowing seeds of doubt with investors and business lead
Caracas, Venezuela: As the opposition campaign to oust President Nicolas Maduro dramatically escalated, the warren-like streets of the Puerta Caracas slum filled with pot-banging, anti-government demonstrators.
The end of the Cold War in 1989 marked a break in the storytelling habits of global integration. Without rivalry from the East or challenges from the South, the big narratives of progress got flattened around a single plot. Talk of a new world econom
Mexico is in the midst of a crisis again. And no, it doesn't have anything to do with the border wall that caused the US government to be hopelessly deadlocked for more than a month.
If successful, the scheme would represent the largest trial run anywhere in the world of a concept that supporters like Facebook's Mark Zuckerberg say could provide a safety net, help alleviate poverty and address the challenge of job automation. De
Everything Can Come Crashing Down... And A Total Rejection Of Any Policy Alternatives
Over the weekend, we showed the one chart that every trader should have "taped to their screen", namely Nomura's latest recap of the key Fed balance sheet roll-off dates, or those days in which there is a tangible decline in system liquidity as billi
A town hurting for American tourists, and blaming the migrant caravan...
One day after Bridgewater founder and billionaire Ray Dalio told a Davos panel that the "one thing that scares him the most" is that during the next downturn in global growth...
Zimbabwe is once again at the brink of economic collapse, making a mockery of President Emmerson Mnangagwa's claim that the country is open for business.
Global Debt Tops 244 Trillion Dollars As "Nearly Half The World Lives On Less Than $5.50 A Day"
A shutdown of the internet by the Zimbabwe government this week, in an attempt to quell deadly protests, ended up achieving the exact opposite result - a total shutdown of the economy, including key public services like health and education.
Bitcoin has always been hard to understand. Even Satoshi, its author, complained about that. The problem isn't so much its complexity, but its newness – there's really almost nothing to compare it to.
China's trade surplus with the U.S. -- closely watched amid the tariff war between the two countries -- grew 17 percent from a year ago to hit $323.32 billion in 2018.
Individual or family poverty results when the "breadwinner" cannot in fact win bread; when he cannot or does not produce enough to support his family or even himself. And there will always be some human beings who will temporarily or permanently la
In 2018, a very significant economic change occurred which sealed the fate of the U.S. economy as well as numerous other economies around the globe.
2019 has started more calmly after a very volatile year-end in the markets.
Federal Reserve Chairman Jerome Powell is concerned about the ballooning amount of United States debt.
Financial writer John Rubino says no matter what country, the global debt has exploded to record highs, and it's going to go even higher in the coming years.
It's not just stocks: the global housing market is in for a rough patch, which has turned ugly for many homeowners and investors from Vancouver to London, with markets in Singapore, Hong Kong, and Australia already showing increased signs of softenin
Following Apple's warning over quarterly revenue guidance due to "lower than anticipated iPhone revenue, primarily in Greater China," all eyes are now on the USA's largest trading partner.
Coming Barter System...While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new "reserve currency" killing the dollar, to me they are in se
that carbon emissions are set to rise this year over last. But the share of global energy that came from renewables finally passed 10%, and, for the first time, in 2017 the number of people without electricity fell below 1 billion. (Throughout, figu
2018 saw a global revolt against policies aimed at fighting global warming Australia, Canada, France and the U.S. have all seen push back against global warming policies That included weeks of riots in France against planned carbon tax increases
s the Great Monetary Inflation of 2011-18 enters its late dangerous phase. Whether we're looking at 1927-9, 1930-3, or 1937-8, the story will seem obvious in retrospect, at least according to skilled narrators. There may be competing narratives abo
The profound question which transcends all this day-to-day market drama over the holidays is the nature of the economic slowdown now occurring globally.
Just about every economic measure is trending down in China, and not surprisingly, deflation fears are mounting.