by John Rubino Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of oil. But the US dollar (aka the petrodollar) is also up, which compounds the problem …
https://www.google.com/search?q=nasdaq%3Aemb&ie=utf-8&oe=utf-8 https://heisenbergreport.com/2018/06/15/theres-a-big-problem-in-emerging-market-liquidity-and-here-it-is/ Near-term liquidity in EM is a big problem. Several factors are having an adverse impact, but some of that is improving. EM EXD technicals are better now, long-term fundamentals are good, spreads have risen far more in EM …
BY JOHN MAULDIN The Institute of International Finance (IIF) has released a worrisome report about the state of global debt, which includes this note about US corporate debt: US non-financial corporate debt hit a post-crisis high of 72% of GDP: At …
via telegraph.co.uk: NHS is “picking up the pieces” of an epidemic of mental illness among children, fuelled by social media, the head of the service has warned. Simon Stevens urged companies like Google and Facebook to take more responsibility for the …
via Adam Triggs, Australian National University: It was only in January that the International Monetary Fund (IMF) was celebrating the strength of the global economy, heralding “the broadest synchronised global growth upsurge since 2010”. How quickly things have changed. Argentina has since sought a bailout from …
by ConcreteCrusher I’ve been reviewing in depth the non-banking mortgage originating industry, FHA’s mortgage insurance funds and Ginnie Mae’s mortgage backed security insurance programs. References: https://www.hud.gov/sites/dfiles/Housing/documents/MMIQtrlyQ12018.pdfhttps://www.hud.gov/sites/dfiles/Housing/documents/2017fhaannualreport.pdfhttps://www.ginniemae.gov/about_us/what_we_do/Reports_To_Congress/ReportToCongress17.pdfhttps://www.brookings.edu/wp-content/uploads/2018/03/5_kimetal.pdf Since the Financial crisis there has been a considerable increase in loans orignated from …
via theguardian: Are brewing exchange rate and debt crises in Argentina and Turkey localised events without broader implications? Or are they early warning signs of deeper fragilities in bloated global debt markets that are being exposed as the US Federal Reserve continues …
by GoldCore – Too Many Trillions – Rapid Maturity – Leverage Plus Leverage – Circling Vultures – Total of U.S. Federal, State & City Debt Exceeds $200 Trillion Dollars via Mauldin Economics Rather go to bed without dinner than …
Via Business Insider When it comes to predicting a stock market crash, all roads lead back to the economy. That’s why it’s so jarring to hear someone claim that today’s economic system is “dysfunctional,” which is what the world-renowned market skeptic John Hussman just did. …
Do you think the markets will be saved by the central banks? Or will a crash occur intentionally? It’s so important to look at the economy for what it really is, not a single, synchronous, situation. It’s a bunch of …
by Shaun Richards The situation in Italy has returned to what we now consider as a bond market danger zone although this time around the mainstream media seems much less interested in a subject which it was all over only …
by David Haggith Europe’s many fault lines are spreading once again, bringing the endless euro crisis saga back in 3-D realism. Italy gained a new anti-establishment government last week, even as Spain elected a new Socialista government that could crack Catalonia off from the rest …
Via Casey Research Justin’s note: Argentina is teetering on the edge of a full-blown crisis. Its currency, the peso, is in free fall. Inflation is skyrocketing. And foreign investors are fleeing the country. In short, it’s starting to feel like 2001 …
The Chicken Littles of cable news are in a full-scale panic over the latest fantasy disaster that hasn’t happened yet. Over the weekend, TV talking heads burst into flame in anticipation of the supposed “constitutional crisis” that might ensue if …
via williamengdahl: Well this may will help you understand why so many global central banks have recently been stocking up on gold in a hastily fashion. The world is awash in debt and at some point, and at some time …
by Simon Black http://traffic.libsyn.com/sovman/2018-06-04.mp3 Last week, Paolo Savona, an Italian man no one outside the country had ever heard of, was denied the position of finance minister. Italy’s President denied his appointment because Savona is anti-euro. The President believes Italy should …
by Kevin Muir of The Macro Tourist Quick – the United States suddenly backtracks on half century of globalization and enters a trade war with almost all of its trading partners – do you buy or sell equities? And how about bonds? Don’t …
by Martin Armstrong The German public broadcast ARD is proposing structural changes. Due to the low interest rates, the ECB has placed the agency in hard times with its pensions. Karola Wille, the director, has called for structural reform to reduce …
In your opinion what is the MOST IMPORTANT commodity to the global economy today? (As in what has the most effect, crucial for trade, etc?) Oil is so important and any potential disruption is so damaging to the global economy. …
https://www.youtube.com/watch?v=Tax7H6O_Yw4 Throughout Canadian history, Ontario has always been one of the wealthiest provinces, and a driver of national economic growth. Over the last three years, Ontario’s net debt increased by $22.8 billion and over the next three years, the …
via Anna Isaac A crisis that has hit some emerging markets risks spreading through the world economy, according to a global investment trade body. Many countries are increasingly vulnerable to economic shocks following the debt sell-off which has hit Argentina and Turkey, …
by Martin Armstrong The German Bild newspaper, which has been a staunch supporter of Chancellor Angela Merkel, has just reported on Sunday with the headline “Merkel knew about asylum failure” demonstrating that her support is declining steadily and the …
Published on Sep 27, 2012 European Debt Crisis – World Economy Explained – Do something about it today
via dailycaller: Left-wing billionaire George Soros wants the European Union to deal with the continent’s refugee crisis by maintaining an open borders policy and running up the EU’s credit. The EU should take on debt in order to help improve …
via The Week Is another global financial crisis on the horizon? Investors are increasingly worried that an escalating political crisisin Italy could lead to a populist, euroskeptic government taking power. As a result, there’s rising uncertainty about whether the country might eventually …
Authored by Mike Shedlock via MishTalk, Jim Puplava thinks a liquidity crisis is on the horizon. I agree, adding that the problem is global. Please pay attention to Jim Puplava at Financial Sense. He says a Liquidity Crisis Looming. In total, …
by Martin Armstrong COMMENT: Mr. Armstrong; You do know that you have been the only analyst who has outlined how, why, and when the euro would go into crisis. You said 2018 would be the beginning. Well, it looks to …
by Dave Italian 10 year bond yields screamed up 48 basis points today on prospects of a new election in Italy. The Italian President (a holdover appointee from the PD) rejected the new LN/M5S finance minister over the weekend, and now the …
What do you believe is the true holdings of gold of the US government? Regulations are designed to ensure that a small group of people get to profit and benefit from a controlled system. We don’t get those advantages. So …
