Rickards: World On Knife Edge Of Debt Crisis
Herbert Stein, a prominent economist and adviser to presidents Richard Nixon and Gerald Ford, once remarked, “If something cannot go on forever, it will stop.” The fact that his remark is obvious makes it no less profound. Simple denial or wishful thinking tends to...
WHY A “CRYPTO-YUAN” WON’T THREATEN THE DOLLAR
A state-owned cryptocurrency is, in itself, a contradiction in terms. The main reason why citizens want to use cryptocurrencies or gold is precisely to avoid the government or central bank monopoly of money. For a currency to be a world reserve of...
Founder Of World’s Largest Hedge Fund Sees ‘40%’ Odds Of Recession Before 2020 Election
After focusing his attention on his new charitable giving initiative involving Connecticut’s schools, Bridgewater founder Ray Dalio is turning his attention back to global markets, and has delivered more of the economic doomsaying that has characterized his...
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