“Rapidly Becoming Untenable” – Eurozone Finances Have Deteriorated

By Tyler Durden, Authored by Alasdair Macleod via GoldMoney.com, Despite negative interest rates and money printing by the European Central Bank, which conveniently allowed all Eurozone member governments to fund themselves, having gone nowhere Eurozone nominal GDP is even lower than it was before the Lehman crisis. Then there is the question of bad debts, which […]

Continue Reading

GoldFix: Japan Sells Gold to Finance Debt

By VBL, Good Morning. As of this writing, The DXY is flat after a pounding yesterday . Bonds are unchanged. Gold February futures are up $1.50 at $1891.90.  March Silver is trading $26.13 after a massive rally yesterday, PGMs are mixed and Copper is up 3 cents at $3.60. Stocks across the board are up […]

Continue Reading

China Warns Global Financial Bubble Could Burst

By Tyler Durden, Almost three months after markets stumbled when after China’s top banking regulator said he’s “very worried” about risks emerging from bubbles in global financial markets (and China’s property sector) sparking concerns about further tightening in the world’s second-biggest economy and slamming risk assets, China has done it again and on Saturday Liang Tao, vice […]

Continue Reading

The Epitome Of Financial Repression In 2 Charts

By Tyler Durden, Authored by Bryce Coward via Knowledge Leaders Capital blog, By now investors are quite aware of the consequences of financial repression via negative real interest rate policies. Since interest rates on “risk free” government debt are too low to even compensate for inflation, it pushes investors out the risk spectrum in an effort to […]

Continue Reading

Glaciers of Global Finance: The Currency Composition of Central Banks’ Reserve Holdings

By Alina Iancu, Neil Meads, Martin Mühleisen, Yiqun Wu, The currencies that are being held by central banks as foreign exchange reserves have remained largely steady over decades. Changes in the composition of these holdings can, at best, be described as glacial in pace. But geopolitical shifts and technological revolutions are reshaping the global economy and the international use of […]

Continue Reading

Ten Remarkable Financial Events Of 2020

By Tyler Durden, Authored by Peter Earle via The American Institute for Economic Research, The past year has been one full of superlatives: from the most votes ever cast in a presidential election to the worst unemployment claims the United States has ever seen. There have been unbelievable highs, such as the record-breaking increase in new businesses launching, and there have […]

Continue Reading

How FinTech F**ked Financial Market Structure, Exposed The Social Contract, & What Comes Next

By Tyler Durden, Via The FinTech Blueprint, Despite its best efforts to the contrary, Robinhood did end up stealing from the rich and giving to the poor. Melvin Capital, the $8 billion hedge fund that didn’t find GameStop funny, lost 53% of its portfolio in January ($7 billion) trying to short against the rallying cries of the Reddit […]

Continue Reading

US Financial Markets Have Become A Giant Mirage Built On A Foundation Of Fraud

By Tyler Durden, Authored by Michael Snyder via The Economic Collapse blog, Would you pay more than 100 million dollars for a single deli in rural New Jersey that had less than $36,000 in sales during the last two years combined?  I know that sounds like a completely ridiculous question, but the stock market apparently thinks […]

Continue Reading

Blain: The Global Financial Crisis 2007-2031

By Tyler Durden, Authored by Bill Blain via MorningPorridge.com, A short rant about how financial uncertainty will continue for years due to the consequences of the ongoing Global Financial Crisis that began in 2007.    In light of more important news yesterday, it’s worth starting with Lord Mervyn King’s contribution to monetary theory, carried in […]

Continue Reading

Something’s Wrong: A Debt-Financed Recession

By Tyler Durden, Submitted by Joe Carson, former chief economist at Allianz The Fed’s debt-bridge policy is designed to improve the flow of credit to businesses to avoid a devastating credit crunch. Never before has one of the monetary policy solutions to combat recession been to extend credit to struggling, profit losing businesses. There is no precedent […]

Continue Reading