Watch Free Video: QE Is Debt Cancellation
Yesterday, I send a blog with a link to a new CNBC interview and a second link to a free video explaining the details of how central banks have effectively
New CNBC Interview: QE Is Debt Cancellation
This morning I was interviewed on CNBC Asia in Hong Kong. We discussed how central banks around the world are effectively cancelling trillions of dollars worth of government debt. Here’s
Has The Next Recession Begun?
Recent economic data has been startlingly bad. The Atlanta Fed’s GDPNow model suggests US GDP will grow by only 0.1% during the first quarter. The financial markets are positioned for
Don’t Miss This One! The Chris Martenson I…
This is one of the very best interviews I have ever participated in. Chris Martenson did a brilliant job, asking all the right questions. This podcast was posted on the
Negative Interest Rates: The Next Phase of th…
More than $2 trillion worth of bonds are now trading at negative interest rates. That means the owners of that wealth are reconciled to making a loss. They are willing
I Strongly Recommend You Listen To This Inter…
The Financial Sense Newshour Interview Cris Sheridan was my host on The Financial Sense Newshour last week. We had a real go at solving the world’s problems. Among the topics
How The Fed Intends To Hike Interest Rates
The consensus view is that the Federal Reserve will begin increasing interest rates later this year. I believe the consensus view is wrong. The Fed hikes rates to fight inflation.
QE Is Debt Cancellation
When a central bank prints money and buys a government bond, it is the same thing as cancelling that bond (so long as the central bank does not sell the
Why ECB QE Will Drive European Stock Markets …
The European Central Bank has announced a massive Quantitative Easing program that is very likely to push European stock prices significantly higher. The new Macro Watch video, ECB QE, explains
Recession Alert: Weak Credit Growth Points T…
The key to understanding the economy and the financial markets in the 21st Century is this: Credit growth drives economic growth. From 1952 to 2008, every time credit (adjusted for