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GIH: The global economy is showing signs of being on the verge of a global meltdown as we have been expecting for some time. Emerging markets collapsed over the week last week, with social unrest, nervous investors, capital controls, and a possible bank run in China. The world is interconnected in so many ways that […]
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GIH: One of the biggest lies told to the general economic public is that of inflation – it’s a hidden tax, under reported, and widely misunderstood. It’s not a simple mechanism, so don’t use this as an excuse to buy real estate or other assets of little intrinsic value. Inflation creates bubbles, causes prices to […]
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GIH: Climate change is now apparent for every person living on planet earth – it’s no longer just anomalous events, but a complete different climate. But we have only been keeping records for a short period, historically speaking. It’s possible that what we are experiencing now is a common cycle, but because of the short […]
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I guess I should start by telling you that I’ve always wanted to be a business. I grew up in Waltham, Massachusetts. It’s a city about 12-15 outside of Boston. I even attended a business school in Waltham-Bentley University. In 2000 after finishing school a year early I went to work for a stockbroker in […]
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GIH: Political instability, and nervous investors sparked market chaos today, that impacted stock markets and emerging market currencies. Take a look at the Daily USD/TRY chart: Last 2 days we’ve seen an acceleration in selling of the Turkish Lira, with their central bank currently refusing to cut interest rates. Real money flows move the Forex […]
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GIH: China’s economy is experiencing it’s first capitalist growth pains. With the rapid expansion of the middle class and a growing financial sector, including their own shadow / private banking sector, it’s not a surprise that a financial company issuing debt is on the precipice of default, coinciding with the Chinese new year. As we […]
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http://en.wikipedia.org/wiki/Glenn_Greenwald Glenn Greenwald (born March 6, 1967) is an American columnist, blogger, and author. He was a columnist for Guardian US from August 2012 to October 2013.[1][2][3] He was a columnist for Salon.com from 2007 to 2012, and an occasional contributor to The Guardian.[4][5][6] Greenwald worked as a constitutional and civil rights litigator. At Salon he contributed as a columnist and blogger, focusing on political and legal topics.[7] He has […]
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