Category: Economy
The Only Real Way to ‘Fix’ Capitalism
Capitalists are conscious. They always try to get the outcomes they want…and they don’t mind cheating — when they can get away with it.
Did Adrian Orr Just Predict a Crash in New Zealand?
When the Great Financial Crisis hit in 2008, the RBNZ dropped the OCR by 6%. If something happened today, they only have 1.5% to work with.
Washington’s War on Tomatoes
The stock market was rattled after Donald Trump threatened to raise tariffs on Chinese goods.The Chinese replied with silly threats of their own.
The Next Anvil Waiting to Drop
As Trump continues to starve China of dollars, the Middle Kingdom might become more desperate. China will either cave to America’s terms, or they will have to radically change how they do things.
Wisdom Comes at a Price…
Mr Trump watched the stock market sink; the Dow dropped as much as 648 points intra-day. He fully intends to blame the next downturn on the Fed.
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.