Category: Economy
A Tech War Fought with Dollars
Trump doesn’t seem to be backing down. He’s got more tariffs at the ready, expected to be launched by Friday. China, on the other hand, is putting on a brave face.
What You Need to Know About the RBNZ’s OCR Cut
A jittery response just now from the RBNZ. I’m surprised. I thought we were further from the cliff; on more solid ground.
The Tragic Story of the House on the Hill…
We give a Chinese company our fake money. It gives us a real TV set. How did we ‘lose’ money? And why is it any of Donald Trump’s business?
The Implications of a Chinese Collapse
Bass says China has a whole lot of debt, is chock-full of bad loans. And with fewer American dollars reaching Chinese shores, the Chinese central bank has less firepower to prevent things from getting ugly.
The Two Things Buffett Can’t Buy
A 5% return in a single year may be acceptable. Spread it over two years and it becomes only 2.5% — barely equal to inflation.
The Fictitious Numbers in Banks We All Trust
As the years roll on, I’m getting more frustrated with the financial world. One thing I’ve been thinking about lately is plastic money and the fictitious numbers in banks we all trust.
Are We Finally Beaten?
The Fed is ready to cut rates again — just like it was 2008. Republicans and Democrats are ready to spend, spend, spend…just as if they didn’t already have a trillion-dollar deficit…
How the Feds Will Cover Up Their Next Larceny
If you’re at the tail end of a credit-fuelled bubble…with an overpriced stock market…a trillion-dollar federal deficit…and $72 trillion of debt…What are you going to do?
Who Will Push America Over This Cliff?
Rates have been negative for nearly the last 10 years; federal debt more than doubled, while real growth rates fell.
The Next Crisis We Have Will Be a Currency Crisis
For most people, money is just money. But I believe we’re standing on a precipice for this current system of money.
How the Financialisation Scam Works
The key to the whole financialisation scam is what it costs to buy a ticket to ride this train — the DebtBall Express — that pulled out of the station back in 1971.
The Wall Gave Way, and We Fell…
The tax cut didn’t really cut the cost of government. It simply shifted it to debt…and onto the public and into the future. And now the future is coming into view.
The Financialisation of the American Economy
Over the last 10 years, for every stock bought — in net terms — by the public, the corporations themselves bought nearly 50 of them.
The Real Reasons Stocks Go Up
Word on the street yesterday was that stocks were going up to record highs ‘on earnings.’ The casual listener was invited to believe that corporate America was earning more money; therefore, it should be worth more. Why else would people
Could NZ Be a World Leader in Cannabis?
Alas, there were no pistols or schematics present…nor were there any joints or bongs…or dreadlocks or ratty hoodies.