China’s Economic Crisis, Part 3: The Risks …
China’s economic growth engine is fuelled by extraordinarily large amounts of credit. In 2015, it took RMB 15.4 trillion (US$2.4 trillion) of credit growth to generate RMB 4.1 trillion (US$631
From China’s Economic Crisis to America’s…
I recently had a great, wide-ranging conversation with Cris Sheridan of Financial Sense Newshour. We began with the economic crisis in China and moved on to the political crisis in
China’s Economic Crisis: Part 2, The Coloss…
Chinese Investment increased 50-fold between 1990 and 2014. Investment (i.e. Gross Fixed Capital Formation or GFCF) in China grew from US$92 billion in 1990 to US$4.6 trillion in 2014. During
Macro Voices Podcast: Highly Recommended
I highly recommend you listen to this free MacroVoices podcast. It explains the real origins of our global economic crisis. It also describes how the crisis is likely to play
The China Crisis Series (Part One)
China’s economy resembles a spinning top that is running out of momentum. It is wobbling and gyrating erratically. A stock market crash, diminishing returns on credit, a plunge in imports,
America’s Future: When’s The Day …
This interview was conducted by Andrew Mazzone, President of the Henry George School of Social Science. Click on the link below to watch the video. Here are some of the
Our Economic and Political Problems Look Set …
Seven years of weak credit growth in the US have brought the world to the brink of a deflationary global recession. As a result, political instability is increasing and geopolitical
Analyzing The Central Banks: Watch Free Vide…
The Central Banks have become the most powerful players in the global economy in recent years. Consequently, since its launch in 2013, Macro Watch has published a series of videos
ECB Policy: Everything You Need To Know
Do you want to understand what the European Central Bank is doing and why it is doing it? I have just uploaded two Macro Watch videos that will explain everything
Europeans, Rejoice! The ECB Is Cancelling Yo…
On March 10th, the European Central Bank (ECB) announced that it will expand its Quantitative Easing program by one-third, increasing it from €60 billion per month to €80 billion per