Stratfor: can Europe’s banks break free from their doom loop?

Summary: Banks are the financial heart of modern nations, and Europe's are in trouble. One of its greatest, Deutsche Bank, has severe problems. Here Stratfor looks at the perilous state of Europe's banks, looked in a doom loop by their holdings of government bonds. Can the Eurozone Break Its 'Doom Loop'? Stratfor, 16 February 2017. … Continue reading Stratfor: can Europe’s banks break free from their doom loop?

Advertisements

Stratfor: China Is Building Its Future on Credit

Summary: China, like the US, has surprised the bears by the resilience of its economy. Here Strafor examines one source of its economic strength, one that might haunt its future -- massive and imprudent accumulation of debt. China Is Building Its Future on Credit Stratfor, 20 July 2016 Summary As China tries to overcome slowdowns … Continue reading Stratfor: China Is Building Its Future on Credit

Banks Are The Key To This Stock Market Decline, & The Recession That Might Follow

Summary: After years of slow economic growth and rising asset prices in America, with investment gurus and economists predicting booms & crashes, events have again taken center stage. It's time to again pay attention to the data.  {2nd of 2 posts today} Risk markets are rolling over, high-grade bonds rise on a flight to safety. … Continue reading Banks Are The Key To This Stock Market Decline, & The Recession That Might Follow

Are conservatives right about the Fed? Is it a malign force in America?

Summary: Central banks have never been more powerful, more significant to the economy, more controversial (although they've often been unpopular), or more misunderstood. Today we debunk two of the myths about their evil they do; at the end are links to posts about their limitations. . Contents About conservatives' faux history and economics About investment … Continue reading Are conservatives right about the Fed? Is it a malign force in America?

The bailout of Spain’s banks shows the heart of our problem

Summary:  The US and Europe have not recovered from the 2008-09 crash in part because we applied first aid, but squandered the time those measures bought for us (at great cost).  An essential aspect of post-crash reforms is fixing our financial systems.  The bailout of Spain's banks -- expensive for Spain's people, easy money for … Continue reading The bailout of Spain’s banks shows the heart of our problem

The unseen but perhaps decisive grand alignment of the nations!

Summary:  Yesterday's post The end of the post-WWII world is not the end of the world discussed the large-scale processes at work now.  Today we discuss the most astonishing -- and seldom seen -- aspect of these things. The problems of the many individual nations in crisis have received ample attention from experts.  The two global … Continue reading The unseen but perhaps decisive grand alignment of the nations!

What every American needs to know about the Federal Reserve System

Summary: The Federal Reserve has become one of the most powerful government agencies, operating almost free of checks and balances.  Worse, it represents one of the most outrageous examples of regulatory capture, private interests taking control of agencies intended to supervise them.  Today we have Michael Hudson to explain to use the significance of these events. An … Continue reading What every American needs to know about the Federal Reserve System