by Justin Spittler, Casey Research:
The Brexit was only the beginning.
Four months ago, Great Britain voted to leave the European Union (EU). The decision caught investors by surprise and triggered one of history’s most violent selloffs.
It erased more than $3 trillion from the global stock market in just two days. And […]
by Jim Rickards, DailyReckoning:
Volatility is waiting to explode due to unstable currency exchange rates, bank liquidity crises, geopolitical uncertainty, and a wild U.S. election cycle.
One or more of these potential sources of instability are ready to pop-up on the markets like a tightly jammed jack-in-the-box when someone unlocks the lid. The […]
by Mac Slavo, SHTF Plan:
The economy has gone suicidal.
It is working against the very people who need its energy to survive. It is collapsing on its own weight, and the weight of literally incalculable levels of toxic debt. And it is going to create the greatest disaster of our time, if […]
by Nick Giambruno, International Man:
According to Webster’s Dictionary, an economic depression is “a period of time in which there is little economic activity and many people do not have jobs.”
Italy has had virtually no productive growth since it joined the euro in 1999.
Today, the Italian economy (real GDP per person) is […]
by Doug Casey, International Man:
For a long time, I’ve advocated that the world’s governments should default on their debt. I recognize that this is an outrageous-sounding proposal.
However, the debts accumulated by the governments of the U.S., Japan, Europe and dozens of other countries constitute a gigantic mortgage on the next two or […]
by James Corbett, The International Forecaster:
You have no doubt heard by now about the precarious situation that Deutsche Bank finds itself in, including the impending US government fine for selling faulty mortgage-backed securities in the run up to thet financial crisis. This includes will they / won’t they stories about German bailout rumors, […]
by Doug Casey, Casey Research:
Investors are having flashbacks of 2008.
If you’ve been following the markets, you’ve probably noticed something disturbing.
Deutsche Bank (DB), Germany’s biggest bank, is in free fall. Its stock has plummeted 53% over the past year. Last Thursday, it hit a new all-time low.
Deutsche Bank’s downward spiral has […]