The End of Magical Debt Thinking Until recently, any suggestion of fiscal prudence was quickly dismissed as “austerity” by economists on the...
WHAT CHINA´S CENTRAL BANK AND COSTCO SHOPPERS HAVE IN COMMON / THE ECONOMIST
What China’s central bank and Costco shoppers have in common Hint: it is not a fondness for cryptocurrencies Illustration of a shopping cart...
U.S. DEFICIT POSES "SIGNIFICANT RISKS" TO GLOBAL ECONOMY, WARNS IMF / THE FINANCIAL TIMES
US deficit poses ‘significant risks’ to global economy, warns IMF Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy C...
BANKS BELIEVE THEY ARE WELL-PREPARE FOR COMMERCIAL REAL ESTATE FALLOUT / THE WALL STREET JOURNAL
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout Banks have built up substantial reserves against office loans going ...
THE REAL MOVE IN GOLD AND SILVER IS YET TO START / VON GREYERZ
THE REAL MOVE IN GOLD & SILVER IS YET TO START By Egon von Greyerz Since the October 2023 gold low of just over $1,600 gold is up but is...
FANTASY ECONOMICS: THE RICH WORLD FACES A BRUTAL SPENDING CRUNCH / THE ECONOMIST
Fantasy economics The rich world faces a brutal spending crunch Countries including America, Britain and France are up against remorseless f...
THE REAL PATH TO AN AMERICAN CIVIL WAR / THE NEW YORK TIMES OP EDITORIAL
The Real Path to an American Civil War By Ross Douthat A large puddle on asphalt reflects what’s above it: a man in a red MAGA baseball cap,...