Why We Brits Should Vote for Brexit
Why England would be better served by leaving the European Union.
Read more...Category Archives: Currencies
Wolf Richter: US Exports & Manufacturing Debacle Covered up by Oil
What the regional manufacturing indices have been saying loud and clear for months have gotten further confirmation….
Read more...Greece and Creditors at Loggerheads Again; Troika Wants More Foreclosures
uropean creditors want to extract more blood from a stone, in this case Greece.
Read more...Don Quijones: “First They Came for the Pennies…” in the War on Cash
Governments and central banks must do away with the last remaining thing that gives people a small semblance of privacy, anonymity, and personal freedom.
Read more...Liquidity Traps as Black Holes
Beware! Liquidity traps are even nastier than you thought.
Read more...China’s Raging Bond Bubble Exposed
Yet another China risk warning.
Read more...Don Quijones: Barcelona Threatens to Print Parallel Currency, Madrid Seethes
Barcelona threatens to go rogue by issuing its own currency.
Read more...TPP: It’s Not a Deal, It’s Not a Trade Deal, and It’s Not a Done Deal
We don’t have the TPP text, ISDS is just as bad as it’s always been, and deals like this have been beaten before.
Read more...Michael Hudson on Parasitic Financial Capitalism
An interview with Michael Hudson on his latest book, Killing the Host, which focuses on the destruction wrought by financial capitalism.
Read more...Frances Coppola: The Great Yield Divergence
Puzzling over the Great Divergence of real and nominal yields. Ever since the Great Depression, nominal yields have been persistently above real yields Yet in the previous 200 years, despite periods of fiat currency and high inflation, real and nominal yields didn’t diverge. Why do they now?
Read more...Frances Coppola: Rethinking Government Debt and Monetary Sovereignity
Debunking the uniformed and regularly hysterical mainstream treatment of government debt and deficits.
Read more...Chris Hedges and Leo Panitch: We are All Greeks Now
Leo Panitch and Chris Hedges discuss how nature of imperialism today is financial power.
Read more...Credit Rating Agencies and Brazil: S&P as Neoliberal Enforcer
Mind you, the rating agencies are far from the only neoliberal enforcers as far as emerging economies are concerned. But it is nevertheless instructive to compare an official rationale with data.
Read more...Nomi Prins: Mexico, Federal Reserve Policy and Danger Ahead for Emerging Markets
Mexico’s problems could again ripple through Latin America where eroding confidence, volatility, and US dollar strength are already hurting economies and markets.
Read more...Wolf Richter: Corporate Revenue Recession Spreads past Dollar, Energy
Now that 495 of the S&P 500 companies have reported second quarter earnings, something has become abundantly clear: 2015 is going to be a nasty year for corporate revenues.
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