It’s Not a Recession, It’s a “Global Economic Slowdown”
Pundits are hoping that instead of a crisis, we just get a "global economic slowdown." Given the damage done by central banks, a sustained slowdown would be a best-case scenario.
Pundits are hoping that instead of a crisis, we just get a "global economic slowdown." Given the damage done by central banks, a sustained slowdown would be a best-case scenario.
Pumping yet more credit into the Eurozone is as effective as giving adrenalin to a dead horse.
The European central bank has no ammunition left with which to address any serious economic downturn.
Since 2008, China has amassed a mountain of debt, and continues to operate countless "zombie" companies and money-losing factories.
The Fed is prepared to squeeze out what little is left of the free market forces in the debt market. The Fed wants full control so it can do "whatever it takes" to keep interest rates from rising above its very-low targets.
Germany’s role as the locomotive and economic leader of the entire bloc has been crucial for the last decade.
The monetary czars at the world’s central banks are coming to terms with the fact that a no-deal Brexit now seems to be the most likely outcome.
New research is sparking fears that junk debt could trigger a repeat of the 2008 crash.
Many still to this day will not admit that the devastation witnessed in Venezuela is a problem inherent to socialism.
It is challenging to see how governments can escape from their debt traps when interest rates rise above the levels currently forecasted.