Archives
The Aftermath of LIBOR and Penny-Shaving Attacks
August 12th, 2015
Anyone remember the LIBOR scandal from back in spring 2008? A trader for UBS Group and Citigroup named Tom Hayes was just sentenced by a British court to 14 years imprisonment for his role as a ringleader of the scandal. Darrell Duffie and Jeremy C. ...
8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent
August 5th, 2015
Will there be a financial collapse in the United States before the end of 2015? An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis. Of course ...
Snapshots of the Global Energy
July 29th, 2015
When the BP Statistical Review of World Energy is published each year, I skim through the figures and tables as a way of grounding myself in some basic facts. Here’s are a few things that caught my eye this year. Here’s ...
Copper, China And World Trade Are All Screaming That The Next Economic Crisis Is Here
July 27th, 2015
If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. “Dr. Copper” just hit a six year low, Morgan Stanley ...
Commodities Collapsed Just Before The Last Stock Market Crash – So Guess What Is Happening Right Now?
July 23rd, 2015
If we were going to see a stock market crash in the United States in the fall of 2015 (to use a hypothetical example), we would expect to see commodity prices begin to crash a few months ahead of ...
12 Ways The Economy Is Already In Worse Shape Than It Was During The Depths Of The Last Recession
July 22nd, 2015
Did you know that the percentage of children in the United States that are living in poverty is actually significantly higher than it was back in 2008? When I write about an “economic collapse”, most people think of a ...
The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis
July 17th, 2015
There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at any moment. As you are ...
The Interface Companies of the Sharing Economy
July 17th, 2015
In the world of competitive sports, “bulletin board material” refers to when you collect negative comments from others and post then in public place to fire up your motivation. In my world, “bulletin board material” refers to comments that ...
The ‘Greek Debt Deal’ Is Already Starting To Fall Apart
July 15th, 2015
The “deal that was designed to fail” has already begun to unravel. The IMF, which was expected to provide a big chunk of the financing, has indicated that it may walk away from the deal unless Greece is granted ...
3 Big Reasons Why The ‘Greek Debt Deal’ Is Really A German Trap
July 14th, 2015
Greece is saved? All over the planet, news headlines are boldly proclaiming that a “deal” has been reached which will give Greece the money that it needs and keep it in the eurozone. But as you will see below, ...
