Economy

We have not seen so many financial trouble signs all come together at one time like this since just prior to the last major financial crisis in 2008. It is almost as if a "perfect storm" is brewing, and a lot of the "smart money" has already gotten out of stocks and bonds. Could it be possible that we are heading toward another nightmarish financial crisis?

In the coming years, Europe appears set to lurch from the frying pan of depression to the fire of high inflation. When it does, the lessons of the Great Inflation [outlined in this article] will suddenly be all too pertinent.

There is very little evidence of high inflation at present, despite what the hyperinflationists say, and a little bit of common sense totally debunks the idea that there is.

There are four main macro issues shaping the investment climate: 1.the tapering anticipation in the U.S.; 2.the stabilization of the Chinese economy; 3.a cyclical recovery in Europe and 4.the long awaited Japanese purchases of foreign bonds.

There is nothing dry and boring about economic and politics when you have a sense of humor, an understanding of the realities of the situation and are prepared to let it all hang out. Peter Schiff did just that recently in a hilarious stand-up comedy routine at the NY's Funniest Reporter Show in which he talked about Bernie Madoff (Ponzi 101), Ben Bernanke (QExit) and using the name Peter Stiff.

There is no escaping the inevitable - if you aggressively debase your currency eventually you are going to have a currency crisis. The first one has now begun. Words: 350; Charts: 2

In an odd twist of fate the future of the U.S. dollar is in the hands of Asian governments [and particularly China and Japan. Let's hope they continue to put their own interests first.] Here’s why.

It’s been exactly two years since Standard & Poor’s did the unthinkable and downgraded the U.S. government’s debt rating...and yet, it’s as if it never happened…

With wage growth suppressed and consumers still driving over 70% of the nation's GDP, weak economic growth should not be a surprise.

New research shows that forecasters tend to underestimate the expected outcome of anticipated economic data for several months in a row, and then overestimate it for several months in a row thereafter. Why does that matter? Read on.