China has now become the biggest risk to the world economy Far from taking over as the engine of growth from an exhausted West, China is making matters worse. Its “beggar-thy-neighbour” policies continue to play havoc with global trade and risk tipping the world into a second leg of the Great Recession. “The inherent problems [...]
WORLD Ron Paul thinks the worst is still to come: “We might have up to a year or so of an economy growing just slightly above stagnation, followed by a drop in growth worse than anything we have seen in the past two years. As the housing market fails to return to any sense of [...]
Steve Keen’s recent post is a great summary of where the economy is currently at… Despite everyone claiming the recession is over. And to continue this grim reflection from outside of Australia, why not check out what these asset managers are saying. Of course, as this article points out, it’s not a case of ‘if’, [...]
Dunno about you, but I’m already tired of hearing about how the economy has recovered. Apparently we live in a world where speculation and media hype are enough to drive the global economy. But I still have a couple of questions… If the economy has recovered, then why is it too soon to remove the [...]
This ‘interview’ with Peter Schiff is a blatant advertisement of his run for office. Regardless he makes some good points about the real and pending danger of hyper-inflation. Shame about his right-of-centre Republican nature. Also worth a look was Mark Faber’s interview on Lateline Business this week where he talked about the length and depth [...]