IMF to Revise Global Economy Forecast Downward

IMF to Revise Global Economy Forecast Downward

China cases jumped the most in almost two months and Beijing shut a major food market and nearby housing districts amid fears of a resurgence of coronavirus. The International Monetary Fund expects to further revise down its forecast for the global economy this...
A New Gold Standard: Will It Be Orderly Or Chaotic?

A New Gold Standard: Will It Be Orderly Or Chaotic?

Over the past century, monetary systems change about every 30 to 40 years on average. Before 1914, the global monetary system was based on the classical gold standard. Then in 1945, a new monetary system emerged at Bretton Woods. I was at Bretton Woods this past...
The Next Wave of Debt Monetization Will Also Be A Disaster

The Next Wave of Debt Monetization Will Also Be A Disaster

According to the IMF (International Monetary Fund) and the IIF (Institute of International finance) global debt has soared to a new record high. The level of government debt around the world has ballooned since the financial crisis, reaching levels...