Our Easy-Money Economy Is Not Sustainable
What causes financial crises, domestic and global, is the underlying, continuing credit expansion.
Financial Markets
Displaying 341 - 350 of 1019
Italy’s Problem Is Not The Euro, It’s Political Spending
Blaming the euro will not save Italy. Italy’s problem is political spending — the same problem that this new budget is going to greatly increase.
The Myth of Synchronized Growth and the Era of Secular Stagnation
We have been hearing from central banks that we were living in a synchronized growth territory. Well, it wasn’t the case.
Daniel Lacalle on the Biggest Bubble of All
Daniel Lacalle and Jeff Deist discuss why all of us have a stake in seeing central bank balance sheets shrink.
We Still Haven’t Learned the Right Lessons from the 2008 Crash
It's frightening to see the persistent lack of insight shown by policymakers and financial media on the 2008 financial crisis.
Ten Years After Lehman: The Solution Was “More Lehmans”
Lehman was a prime example of mainstream consensus analysis of risk and economic opportunity. We "solved" it with more of the same.
Will Cryptos Fulfill Hayek’s Vision of Private, De-Nationalized Money
With cryptocurrencies, currency competition in the spirit of Hayek has become possible even in the absence of self-limitation by governments.
The Economy: Winter Is Coming
From the yield curve to money supply growth, there are good reasons to believe we are in the autumn of the current expansion.
When will the Corporate-Debt Bubble Burst?
Is it possible that the bubble-bursting in the corporate debt markets could precede — rather than coincide with — a bear market in equities? Yes, if history is any guide.
