The currency wars began in January 2010 with President Obama’s State of the Union address and his declaration of a National Export Initiative. The trade wars began in January 2018 with President Trump’s imposition of tariffs on solar panels, appliances and aluminum, mostly from China and South Korea. The tightening of monetary policy began in
Ever since the 1970s, Americans have cringed at the mention of OPEC. The term “OPEC” stands for the Organization of the Petroleum Exporting Countries, which includes major oil exporters Saudi Arabia, Kuwait, UAE, Iran, Iraq and 10 others. It was in the mid- to late 1970s that OPEC oil embargos on exports to the
In the past two years, the deep state has moved from conspiracy theory to a threatening reality. The idea of lifetime government operatives buried throughout the U.S. bureaucracy communicating with each other and pursuing their own agenda regardless of any liberal or conservative leadership has been around for a while, but it has been viewed
One of the biggest talking points in favor of the Trump tax cuts of late 2017 was that they would unleash a “wave” of cash stored up in the offshore subsidiaries of U.S. companies that would return to the U.S. to support investment in plant, equipment and new jobs. I warned at the time that
Robert J. Shiller is one of the most highly regarded economists in the world today. He’s a winner of the Nobel Prize in economics and co-inventor of the Case-Shiller housing price index that is a widely cited indicator of expansion or distress in the housing market. He is also the inventor of the CAPE ratio
The U.S. trade war with China and China’s daunting debt problems are well understood by most investors. Coming U.S. sanctions on Iran and Iran’s internal economic problems are also well understood. What is not understood is how these two bilateral confrontations are intimately linked in a three-way tangle that could throw the global economy into
Latest memo from Howard Marks: The Seven Worst Words in the World
Meraglim’s CEO Kevin Massengill shares his insight and thoughts regarding the Great Reset with Chris Blasi, CEO of Neptune-GBX Global Bullion Exchange. Critical topics include the fate of debt-based money, the inevitable road to war, worldwide financial destruction, and how to preserve wealth during these times. Fake Wealth, Dollar Collapse, Path to War, Fed’s Demise
In January 2018, two significant market events occurred nearly simultaneously. Major U.S. stock market indexes peaked and volatility indexes extended one of their longest streaks of low volatility in history. Investors were happy, complacency ruled the day and all was right with the world. Then markets were turned upside down in a matter of days.
Many of those who warn of near-term economic collapses or market panics are consigned to the fringes of economic analysis. The mainstream analysts at university faculties or Wall Street banks are almost unanimous in saying, “All is well.” Most predict years of strong growth ahead, higher stock prices and higher interest rates. To read more
