While Beijing has been "encouraging" private companies to aggressively cut debt in the past year - and nowhere more so than at China's largest real-estate developer...
Venezuela's Central Bank is making yet another attempt to "stabilize" the collapsed economy, launching a digital currency to make a million-to-1 adjustment to the bolivar. (And of course, to institute a cashless society.)
Starting Wednesday night Lebanon's Central Bank announced that fuel subsidies have been halted, already at a moment where there's been scarcity of both gas and electricity.
There is no COVID-era surge in global cargo demand. There's a lengthy albeit temporary spike in congestion compounded by a localized, stimulus-and-savings-driven demand boom in America.
As I write this from a France making ever more bold moves toward forced vaccination, one can't help but ponder the broader issues of centralized government control, regardless of one's take on vaccine or no vaccine.
• https://www.lewrockwell.com, By Egon von Greyerz
The beginning of the end of the current monetary system started exactly 50 years ago. In the next few years the world will experience the end of the end of another failed experiment of unlimited debt creation and fake fiat money.
• https://www.zerohedge.com, The Naked Hedgie blog
For weeks now, the media and "health" authorities have relentlessly promoted a fear-inducing narrative about the Covid 19 "pandemic" as if the daily count of new "cases" were a major public health emergency, sensationalized by the media n
TRIPOLI, Lebanon -- Rania Mustafa's living room recalls a not-so-distant past, when the modest salary of a security guard in Lebanon could buy an air-conditioner, plush furniture and a flat-screen TV.
The International Monetary Fund (IMF) has approved a record $650 billion in special drawing rights (SDRs) to 'help nations dealing with mounting debt and the fallout from the Covid-19 pandemic,' according to Bloomberg, which notes that it's the large
An agriculture nightmare plays out in Brazil as drought and frost cause second corn yields in the country's center-south to hit their lowest level in 10 years.
The so-called 'National Team' stepped in after Beijing's crackdown on various sectors sparked carnage across China tech stocks, education stocks, and then the entire market (along with bonds and FX).
With Chinese stocks in free fall, it was only a matter of time before Hayman Capital founder Kyle Bass - one of Wall Street's most vocal critics - showed up to say 'I told you so'.
As Deutsche credit strategist Jim Reid reminds clients this morning, looking back at his list of biggest risks for 2021 at the very top was the (low) probability that the tech bubble - far bigger today than it ever was during the dot com frenzy - wou
Prime Minister Boris Johnson is set to launch a communist China-style social credit score app that will reward families based on government-approved choices at the grocery store.
For a few months a lot of people were convinced that humanity's efforts to defeat COVID were being successful, and many believed that the pandemic would soon be behind us for good.
It was perhaps typical of what "freedom" now means that the celebration of "Freedom Day" in the UK included street-protests demanding freedom from Covid restrictions;
Part 1 | Part 2 [to be published]
Chodorov spoke out loudly against the economic interventionism of the New Deal and the political interventionism of entering the war.
The General Manager of the Bank of International Settlements (BIS), Agustin Carstens, sent a chilling message regarding the future direction of central bank digital currencies (CBDCs).
Last weekend, before the S&P broke out into a series of new all time highs despite Thursday's "harrowing" 1% dip, we shared Goldman's observations on why the market was entering the best 2-week seasonal period of the year.
Chinese miners are selling out or seeking new markets overseas after local governments in mining hubs in China imposed sweeping bans on cryptocurrency mining.
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