There is one class of money that is constantly being created and destroyed, and that is bank credit. Bank credit is created when a bank lends money to a ... Read More
The Oil market has quietened down recently after the solid moves seen at the end of last month. It has subsequently found a range, but the fundamentals haven’t changed, ... Read More
It was just three years ago that new Prime Minister Shinzo Abe promised to pull Japan out of its “lost decades” by printing epic amounts of new yen. He ... Read More
Does the Fed really have a choice, given that the game is now for all the marbles? We all know the global economy is slowing, so why would stocks ... Read More
Second estimate for the second quarter of 2015 GDP up by 0.4% in both euro area and EU28 +1.5% and +1.9% respectively compared with second quarter of 2014 Seasonally ... Read More
Why are the global elite buying extremely remote compounds that come with their own private airstrips in the middle of nowhere on the other side of the planet? And ... Read More
For about a decade there, Brazil was the Latin American country that got it right. Under a socialist but apparently reasonable government they kept their budgets under control, managed ... Read More
In the early days of central banking, one primary objective of the new system was to take ownership of the public’s gold, so that in a crisis the public ... Read More
During the last month global markets has been roiled by the financial crisis that emanated from China, but propagated to other parts of the world. To put things into ... Read More
Huge offshore gas field could end Egypt’s fuel crisis, but will take years to develop The discovery of a huge gas field off Egypt’s coast promises to ease a ... Read More
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