The Five Reasons The Fed Couldn’t (And Still Can’t) Hike Interest Rates
Posted September 20, 2015
There are five reasons the Fed couldn’t (and still can’t) hike interest rates. Here they are: The US Economy is too weak. Deflationary Pressures are
Category Archives: Economics in the Age of Fiat Money
New CNBC Squawk Box Interview
Posted September 14, 2015
The two engines powering global economic growth, the United States and China, have broken down. As a result the global economy is losing altitude fast.
Liquidity & Asset Prices: Make Sure You Understand The Connection
Posted September 7, 2015
Suddenly, the investment world has woken up to the importance of LIQUIDITY and its role in driving asset prices. Over the past week, Liquidity has
Rapid Global Economic Deterioration
Posted September 4, 2015
In the latest Macro Watch video, we look at the interim results announcement of Standard Chartered PLC to see what they tell us about the
With Panic Spreading…. Watch Free Video
Posted August 26, 2015
Panic is spreading through the financial markets and the global economy is rapidly sliding back into severe recession. This worsening crisis won’t come as a
The Prospects For Asset Prices: A Very Dangerous Moment
Posted August 23, 2015
Last week the global economic slump caught up with Wall Street. Global stocks joined global commodities in a broad-based selloff that took the Dow Jones
A New Interview On The Collapsing Global Economy
Posted August 15, 2015
I recently spoke with Cris Sheridan, the Senior Editor of The Financial Sense Newshour. We discussed the reasons behind the global economy’s rapid slide back
Monetary & Fiscal Austerity Explain The New Global Recession
Posted August 12, 2015
In 2008, the global economic bubble came very close to collapsing into a new great depression. That didn’t happen because global policymakers responded to the
China’s Economic Crisis: Watch Free Video
Posted August 3, 2015
Sixteen months ago, I uploaded a Macro Watch video called “China’s Economic Crisis”. In 14 minutes and with 32 charts, it explained why China’s great
GLOBAL RECESSION: Sudden and Severe
Posted July 24, 2015
The global economy appears to be moving rapidly back into recession. Commodity prices have crashed to a 13-year low, world industrial production has begun to
Unsustainable Wealth
Posted July 10, 2015
US Household Sector Net Worth has risen by a mind-boggling $30 trillion since the first quarter of 2009. At $85 trillion, it is now 55%
Credit Growth Slows, Vulnerabilities Increase
Posted July 2, 2015
In the 21st Century, when there is no longer any difference between money and credit, Credit Growth drives Economic Growth. In the new Macro Watch
Did You Know The Government Owns 60% Of All US Home Mortgages?
Posted June 9, 2015
It’s true. The US mortgage market has effectively been nationalized. Here’s how it happened: The Government-Sponsored Enterprises, primarily Fannie Mae and Freddie Mac, issued $7
A Good Overview Of The Global Economic Crisis
Posted May 30, 2015
Please find here a link to a YouTube video showing a recent conversation I had with my friend Gordon T. Long of Macro Analytics. It
The Banks: How The Six Largest US Financial Holding Companies Make Money
Posted May 27, 2015
This week Macro Watch takes a close look at the six largest US Financial Holding Companies: JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman
Yellen’s Dilemma: Global Growth or US Growth
Posted May 8, 2015
The Fed faces a difficult choice. It must decide between boosting global economic growth or boosting US economic growth. If the Fed increases US interest
Liquidity Gauge Warning: After mid-year, Look Out!
Posted April 25, 2015
Liquidity determines which way asset prices move. When there is excess liquidity, the price of stocks, bonds and property tends to rise. When liquidity is
Watch Free Video: QE Is Debt Cancellation
Posted April 16, 2015
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
Don’t Miss This One! The Chris Martenson Interview
Posted April 6, 2015
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
Negative Interest Rates: The Next Phase of the Global Economic Crisis
Posted March 20, 2015
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