Search Results for: LSE
Household expenditure by consumption purpose in the EU
December 5th, 2019
In 2018, households in the European Union (EU) spent almost €2 100 bn (equivalent to 13.0% of EU GDP) on ‘Housing, water, electricity, gas and other fuels’. This represents 24.0% of their total consumption expenditure and is by far ...
150 years of bank credit expansion is near its end
November 22nd, 2019
The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of expansion and collapse of outstanding bank credit. Erroneously attributed to business, the origin of ...
Bulls On GBPUSD Can Soon Slow Down! – Elliott Wave analysis
November 19th, 2019
The most probable scenario for the GBPUSD pair can be an expanding triangle correction within the wave B), with price currently unfolding its final leg E. Potential resistance/turning point area for leg E can be near the 1.308/1.330 ...
Plans for a global Dystopia
November 14th, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable ...
GDPR is missing the point, says Edward Snowden
November 14th, 2019
Europe’s data protection legislation is still missing the point and will remain a ‘paper tiger’ until internet giants are hit with big fines, according to NSA-contractor turned whistleblower and privacy campaigner Edward Snowden. The General Data Protection Regulation (GDPR) ...
China prepares to launch its own digital currency as Facebook’s Libra languishes
November 13th, 2019
China is moving closer to releasing the world’s first government-backed digital currency. Li Wei, the head of technology for the People’s Bank of China, the central bank, said on Monday that commercial banks should increase their use of blockchain ...
Most Asian currencies inch up
October 25th, 2019
Most Asian currencies edged up on Thursday ahead of central bank policy meetings and in the absence of new signals or developments in the Sino-US trade war and the Brexit saga. Indonesia’s central bank is widely expected to cut ...
Money and the theory of exchange
October 23rd, 2019
Evidence mounts that the global credit cycle has turned towards its perennial crisis stage. This time, the gathering forces appear to be on a scale greater than any in living memory and therefore the inflation of all major ...
Enforcement actions against two affiliate marketers for Binary options fraud
October 8th, 2019
The U.S. Commodity Futures Trading Commission today that it filed a pair of enforcement actions against two affiliate marketers, David Sechovich and Peter Szatmari for creating and disseminating millions of fraudulent solicitations to open and fund retail binary options ...
An Inflationary Depression
October 4th, 2019
Financial markets are ignoring bearish developments in international trade, which coincide with the end of a long expansionary phase for credit. Both empirical evidence from the one occasion these conditions existed in the past and reasoned theory suggest ...
