Bitcoin and its cousins are the latest symptom of the cancerous growth of our financial system. Once useful markets have become casinos. Now we are literally burning resources to create nothing of value
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. …
Stratfor: can Europe’s banks break free from their doom loop? Read More »
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 …
Stratfor: China Is Building Its Future on Credit Read More »
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. …
Banks Are The Key To This Stock Market Decline, & The Recession That Might Follow Read More »
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 …
Are conservatives right about the Fed? Is it a malign force in America? Read More »
