Alasdair Macleod

world-euro-notes

The forthcoming global crisis

22/09/2017(0)
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the ... Read More
Economy

See no evil, speak no evil…

01/09/2017(0)
The Jackson Hole speeches of Janet Yellen and Mario Draghi last week were notable for the omission of any comment about the burning issues of the day: …where do ... Read More
GOLD bars

Gold – crossing the Rubicon

25/08/2017(0)
  Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, ... Read More
danish-containership-carsten-maersk-is

The fiscal benefits of free trade

18/08/2017(0)
  The fiscal benefits of free trade Western governments have an overriding problem, and that is they have reached or exceeded the bounds of taxation, at a time when ... Read More
Economists

Why economists cannot forecast recessions

28/07/2017(0)
  The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist ... Read More
quantitative easing

How can the Fed possibly unwind QE?

21/07/2017(0)
There are currently two important items on the Fed’s wish list. The first is to restore interest rates to more normal levels, and the second is to unwind the ... Read More
gold

The logic of a modern gold standard

14/07/2017(0)
  The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the ... Read More
brexit

Brexit, Germany and Asia

16/06/2017(0)
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked ... Read More
GOLD bars

How gold can rescue pensions

15/06/2017(0)
The World Economic Forum, in conjunction with Mercers (the actuaries) recently estimated that the combined pension deficit currently stands at $66.9tr for eight countries, rising to $427.8tr in 2050. ... Read More
Economy

Debts, Bastiat and modern economics

26/05/2017(0)
Debts, Bastiat and modern economics There is a well-worn conundrum told about a stranger, who walks into the hotel in a remote, sleepy village in Mexico, and reserves a ... Read More
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