Global Economy

Has China blown the biggest credit bubble in history?

When we look at median incomes, we find that many European countries don't compare very well to many US states.

Nomi Prins previews her talk at our event in Ft. Worth, based on her new book Collusion: How Central Bankers Rigged the World.

It takes a lot of verbal acrobatics to conclude that Venezuela's woes are not due to it's extensive implementation of the socialist program. 

In the post-recession world, the ECB has fired multiple rounds in its arsenal of Keynesian weapons. But now it's out of ammo.

The realities of modern Venezuela, combined with the global ambitions of China, could make a deal between the two countries a logical outcome. 

China is growing despite government meddling in the economy, not because of it. 

One of the reasons governments can run up huge deficits so easily is that the politicians — unlike entrepreneurs — can't be held accountable for their bad debts.

When interest rates increase in the future, busts and losses for banks will follow.

Implementation of Marx’s ideas make nobody happy, other than spoiled millennials who aren’t suffering under it.