As the world looks on and wonders at the Federal Reserve’s and other central banks’ ongoing campaign to print and debase the world’s currencies, we feel much can be seen when looking at a clear picture of supply.
At WealthCycles we often talk about ...
The European Central Bank (ECB) sets no limits in Paris to save its banking system. Bonds of any quality, it says, can in fact be minted into euro beyond the Alps.
The euro speaks French.
While Cyprus suffers the compulsory levy on current accou ...
A great deal of ink has been spilled recently about the economic meltdown in Cyprus. The latest domino in the slow collapse of the European monetary union, Cyprus introduced radical solutions to meet the demands of the EU (European Union) and Internatio ...
Truth-Out asked a very interesting question recently regarding North Dakota’s different way of banking: Why is Socialism Doing So Darn Well in Deep-Red North Dakota?
The idea, with which everyone (except certain bankers) agrees, is that bank ...
The Panic of 1907 was a six-week stretch of runs on banks in New York City and other American cities beginning in late October of 1907, all triggered by a failed speculation that caused the bankruptcy of two brokerage firms. It was a terrifying event ...
On January 9, 2013 we penned China’s Ghost Cities Haunt Global Economy , explaining exactly where and how the crush of new credit malformed not only the Chinese economy, but also the economies of their neighbors around the globe.
China’s well ...
The Federal Reserve is blatantly bankrupt, when the price a truly free market would charge to loan money is taken into consideration.
If you think interest rates could rise even 1% eventually, the loss on the price of the extreme amount of bonds ...
In the U.S. housing crisis, investors lost billions by buying into securities backed by subprime mortgages that turned sour after the borrowers were unable to pay. In China’s version of the real estate bubble, it’s a plain-vanilla financial product know ...
Is the global economy on the cusp of another super-bank meltdown that would pull the world down in a domino-chain crash similar to—or worse than—2008? According to the International Monetary Fund, not only does the risk exist, it could be triggered by t ...
JP Morgan Chase’s $5.6 billion and counting trading loss was one of the biggest finance stories of 2012. Although on its surface the story was simply that the world’s alpha player bet badly and lost big, the greater significance is what the resulting in ...