“Brace for Economic Disruption”

“Brace for Economic Disruption” SocGen Sees “Sharp Rise in Gold” as India Plans Cap on Cash Holdings by Tyler Durden India's demonetization scheme (the banning of high-denomination banknotes) has caused…

Hostage to a Bull Market

Hostage to a Bull Market by James Grant Grant has a scathing review of Kenneth S. Rogoff’s Saturday essay in The Wall Street Journal taken from his book, The Curse…

Greater Depression – Part 1

The Greater Depression – Part 1 by James Quinn The Obama administration has used the same failed fiscal policies as Franklin D. Roosevelt: $800 billion stimulus packages, cash for clunkers,…

Coming Storm for Global Financial Markets

 The Coming Storm for Global Financial Markets by Gary Shilling Global growth is weak. Oil prices are low. The world has excess capacity and a wage-depressing labour surplus. Corporate profits…