A regular feature of our selections has consisted of articles in which leading financial elites warn of coming collapses and dangers. We’ve featured such warnings from the IMF’s Christine Lagarde, Bridgewater’s Ray Dalio, the Bank for International Settlements (known as the “central banker’s central bank”) and many other highly regarded sources. Just when we
When I was a kid, a favorite expression was “If you can’t beat ’em, join ’em.” It sounds like the IMF agrees with that approach when it comes to cryptocurrencies. It was not that long ago the IMF was cautioning about cryptocurrency frauds and warning investors to keep away. But in a new speech,
Investors recall that the financial panic of 2008 actually started in 2007 with massive loan losses in subprime mortgages. Those losses caused certain hedge funds and money market funds to close their doors. Investors scrambled for liquidity to cover their mortgage loan losses. This led them to sell equities, bonds and gold to raise
