The Policy Options
From Chapter 9 of The New Depression: The Breakdown Of The Paper Money Economy – Capitalism was an economic system in which the private sector drove the economic process through
The McAlvany Weekly Commentary: An Interview…
This week David McAlvany interviewed me for his program, The McAlvany Weekly Commentary. We discussed the crisis in the global economy, the risk of a new great depression and the
VoiceAmerica Interview: The New Depression
I was recently Jay Taylor’s guest on Turning Hard Times Into Good Times. We discussed the evolution of Capitalism into Creditism, The Quantity Theory Of Credit and the outlook for
The New Depression: The Breakdown Of The Pape…
My third book on the global economic crisis is now in print and available on Kindle. It’s called The New Depression: The Breakdown Of The Paper Money Economy. Please find
Asia's Economic Outlook In Light Of The …
Below, please find a link to a speech I made before the CFA Institute in Hong Kong on March 7, 2012. I discuss the outlook for Asia in light of
A “Deer In The Headlights” Policy Freeze?…
The agreement reached to raise the US government debt ceiling may mark the beginning of the kind of “deer in the headlights” policy freeze described in the last chapter of
The Ten Trillion Dollar Milestone
A milestone on the road to economic ruin was reached last week. Total Foreign Exchange Reserves topped $10 trillion. That means central banks have created the equivalent of $10 trillion
Helicopter Money
A great deal can be learned about the government’s response to this crisis, as well as the mistaken policies that necessitated it, by analysing a speech delivered by Ben Bernanke
The Corruption Of Capitalism, Preface to the …
Preface to the 2011 Edition of The Corruption of Capitalism [Now available on Kindle and NOOK] From the early 1980s, debt-fuelled consumption in the United States drove global economic growth
An Interview with Richard Duncan on China, Eu…
The following interview was published in THE EDGE SINGAPORE on May 30, 2011 By ASSIF SHAMEEN Richard Duncan, author of the seminal The Dollar Crisis: Causes, Consequences, Cures, an international