The dollar is not money but credit – The Ponzi scheme and the road to collapse November 28, 2024 With widening budget deficits, rising debt, and interest payments that can only be serviced by issuing a currency of decreasing value, the dollar can…
Anger over high cost of living has brought down 70% of governments in developed countries November 21, 2024 Donald Trump’s victory over Kamala Harris and the Democrats in the November 5 elections represents part of a broader phenomenon: Most governments in developed…
Trump’s options to deflate Μarket Βubbles November 21, 2024 As future Secretary of Health and Human Services Robert Kennedy Jr. said, “a revolution is coming,” in reference to Trump’s election in the recent…
What will investors punish after the failure of the FED? November 14, 2024 A paradoxical phenomenon occurred in the course of US interest rate cuts: Instead of falling, they moved higher in the medium term. The Federal…
The new era of tariffs and the return of economic nationalism November 8, 2024 One of the most surprising developments in the recent American political debate has been the bipartisan consensus against free trade. Just a decade ago,…
The Global Debt Crisis is just around the corner October 31, 2024 The bond market and dollar index have begun to sensitize to the potential implications of another Trump victory. The ten-year yield has increased by…
All roads lead to inflation – USA & EU on Japan’s path October 31, 2024 The recent 50 basis point rise in long-term bond yields began the day after the Fed cut interest rates by 50 basis points (base…
AAA rated bonds defaulted!!!!!!!! October 31, 2024 Bondholders who bought the debt of US commercial real estate companies have suffered double-digit losses in the most prominent example of a reported “bubble”…
Bets against the euro-dollar parity are increasing dangerously October 24, 2024 Anticipation of the risk of the euro slipping against the dollar is rising in financial markets after last week’s rate cut and the scenario…