Japan PM wraps up Africa meet with debt warning aimed at China (King of the East). Richard CARTER. AFP•August 30, 2019 Investors in Africa must beware of burdening countries with “excessive” debt, Japan’s prime minister warned Friday, an apparent swipe at China whose Belt and Road policy has […]
US-China trade war shows no sign of ending as new tariffs arrive By Jill Disis and Laura He, CNN Business Updated 8:41 AM ET, Sun September 1, 2019 Hong Kong (CNN Business) The year-long US-China trade war escalated dramatically in August. Now the world is watching to see whether new tariffs that […]
US must accumulate more & more debt in order to keep economy from collapsing – Video. Max Keiser and Stacy Herbert discuss the fact that the US Federal Reserve is stuck in a rate-cutting box of its own making. “We have gone through the looking glass when interest […]
US recession ‘the biggest concern’ amid Washington-Beijing trade conflict, warns Standard Chartered. $2,020 gold price in 2020. There is that year again!!! Published time: 26 Aug, 2019 11:13Edited time: 27 Aug, 2019 11:45RT As the trade war between the world’s two largest economies heats up again, the probability […]
US Fed ‘unable to delay’ recession any longer – investor Peter Schiff Published time: 30 Aug, 2019 13:34. RT There is no question the US economy is heading toward recession, according to Peter Schiff, chief global strategist at Euro Pacific Capital. He says it was a “huge mistake” […]
Harry Dent: The Great Crash Begins in 2020. There is that year again!!! August 30, 2019 by IWB I noticed this cycle right away in my research in the early 1980s: Substantial stock market bottoms have come every 20 years, and major ones every 40. That 40-year cycle would correspond […]
Dalio Warns: A Bond ‘Blow-Off’ as a Repeat of the Late 1930s Depression Era Looms August 30, 2019 by IWB via CNBC: Hedge fund kingpin Ray Dalio is warning that current conditions remind him of the Depression-era environment. He cited three factors: Ineffective central banks, high levels of debt and the […]
Consumers are worried about trade, and that’s a bad sign for the economy By Anneken Tappe, CNN Business Updated 1:58 PM ET, Fri August 30, 2019 New York (CNN Business) Americans are growing more concerned about the trade war, and that’s bad news for the economy. One-in-three consumers is worried […]
Business as Usual?: Eurozone suffering from ‘tremendous accumulation’ of debt, warns outgoing ECB policymaker (Same could be said for the US). What happens when the debt bubbles pop? The Telegraph. August 30, 2019. “Tremendous” debt levels pose a major challenge to the eurozone and its economic policymakers, top European […]
