Japan will continue its radical quantitative easing but the experiment is getting dangerous. The Bank of Japan is effectively exporting its deflation to its trade competitors and inviting a currency war that could shake the world.
Read More »Search Results for: interest rates
90% Likelihood Of Eurozone Crisis By 2020 – Here’s Why
In the very near future we will finally know the answer to the question, “Is the euro a currency or an experiment?” The changes required to answer that question will be wrenching and horrifically expensive. There are no good answers, only difficult choices about who pays how much and to whom.
Read More »70% Probability of Recession In China By 2020 – Here’s Why (+2K Views)
I think there is a 70% probability that it will do so within the next five years and the probability that China will suffer either a hard landing OR a long period of Japanese-style stagnation...is over 95%.
Read More »Forecasting Is A Crap Shoot – Period!
If you think the Fed or government agencies know what is going on with the economy, you're mistaken. Government economists are about as useful as a screen door on a submarine. Their mistakes and failures are so spectacular you couldn't make them up if you tried.
Read More »Staggering Level of U.S. Debt Is the Elephant In the Room
Debt – personal, corporate, and national – is crushing the American economy. It's a huge elephant in the room and, at some point, it is going to go on a rampage.
Read More »Might the Gov’t “Borrow” Your IRA to Fund Its MyRA? (+2K Views)
The government in the Land of the Free is moving in the direction of borrowing more and more of your retirement savings. They need more money & there is no easier pool of cash to ‘borrow’ than Americans’ retirement savings. $7.3 trillion in U.S. IRA accounts is too large for them to ignore.
Read More »The Republican/Austrian & Democrat/Keynesian Divide
It is understandable why there is such a major divide between Republicans and Democrats in America when one examines their diametrically opposed, and seemingly irreconcilable, Keynesian and Austrian economic views. This article explains the different approaches to fiscal policy for each party and why he thinks one approach is better than the other based on research on the subject.
Read More »LOOK! Financial System Collapsing Right Before Our Eyes
The most common question I hear is "when". When does the system collapse? When will we experience a re-set? I think this is a very odd question because if you stand back far enough you should be able to see that you are, in actuality, watching it! We are all so close and watching day by day movements, we are missing the big picture. The collapse is happening right before your eyes. "When" is a process and you are watching history!
Read More »This Economic Recovery Is A Grand Illusion – Here Are 8 Reasons Why (+3K Views)
Is this economic recovery real? Well, if you base your observations on how far the Dow has risen since the financial crisis of 2008-2009, the answer would be a yes. However, if you do just a little cursory digging you will notice that this economic recovery is nothing but a grand illusion. The following 8 factors clearly prove that this recovery is not real.
Read More »These Catalysts Could Easily Lead to a Large Market Crash This Year (+3K Views)
In this article I don't predict a hard date or magnitude of the next market crash but merely point out that there are several catalysts that could easily lead to a large market crash in 2016.
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