The Danger of Fed Policy Reversals

The Danger of Fed Policy Reversals

Jun 29, 2022 | Economic Collapse

The opinions of market participants on the economic prospects of the United States are shifting at the same time as the Federal Reserve has been scurrying once again to catch up to happenings on the ground. This runs the danger of causing yet another wave of...
Evergrande. The Tip Of The China Iceberg?

Evergrande. The Tip Of The China Iceberg?

Sep 21, 2021 | Economic Collapse

The bankruptcy of the Chinese real estate company Evergrande is much more than a “Chinese Lehman”. Lehman Brothers was much more diversified than Evergrande and better capitalized. In fact, the total assets of Evergrande that are on the brink of bankruptcy outnumber...
To CBDC or Not to CBDC?

To CBDC or Not to CBDC?

Jul 8, 2021 | Economic Collapse

Count me as bemused by the idea of issuing a central bank digital currency. The rough idea is to let citizens directly hold electronic currency issued by their central bank—the Federal Reserve in the US, the Bank of Canada in Canada. Citizens could then use the...