Transformed in a handful of years from a tiny fishing economy to an international banking powerhouse to a poster-child victim of the global crash, Iceland provides the perfect microcosm for observing the end results of cheap, plentiful cash and governme ...
As of recent, Southeast Asia has been building momentum, both economically, as a result of broadening representative governments, and politically, with recent elections held in Myanmar and an upcoming announcement of election in Malaysia.
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The world is running out of silver.
According to the USGS , 17 billion ounces of known silver supply remain in the ground globally--the troy ounces of silver equivalent of the 530,000 metric tons reported in the table below.
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The World Bank announced some good and counterintuitive news recently: that its measure of the portion of the world’s population in extreme poverty has fallen significantly in the past few years, even in the face of the 2008 financial crisis.
If tha ...
While the pundits hash over the putative causes of rising gasoline prices—Mideast tension, refinery shutdowns, speculation—the harsh reality is that pump prices are going to continue climbing because they still have a long way to go. In reality, what Am ...
During July of last year we went though the details about the manipulation of the rate of unemployment. We showed how the decrease in the quantity of the people considered “in the labor force” leads to a lower rate of unemployed than is in fact ...
What happens when big government, big business, big banks just don’t work anymore? The answer just may be, we try small—and local—for a change. Or maybe not.
Writing for OfTwoMinds.com , Charles Hugh Smith, author of An Unconventional Guide t ...
Is the earth’s human population outstripping its resources? And exactly how many people is too many? Assuming the human population responds like other organisms in nature, the outlook is none too rosy.
A recent article on Mike “Mish” Shedlock ...
Feeling a little envious, if not downright resentful, when you think about all those hedge-fund managers and corporate titans with their vast wealth, the greedy 1% that inspired the Occupy movement? A visit to GlobalRichList.com might give you a dif ...
A new agreement between the world’s second- and third-largest economies, China and Japan, raises speculation that China may be upping the ante in its campaign to unseat the U.S. dollar as the world’s reserve currency—and the dollar’s replacement just mi ...