America’s #1 Import: Deflation
It seems that everyone these days is exporting deflation to the US. The drop in commodity prices and the US dollar rally versus a broad basket of currencies in recent…
“Stable” China’s Economic Bounce Is Over: PMIs Plunge In January
After an almost unprecedented surge in credit (total social financing) and over-invoicing enabled a bounce in China’s PMI data in December, both Manufacturing and Services data tumbled in January, confirming…
This Question Should Not Be A Difficult One To Answer
Submitted by Jeffrey Snider via Alhambra Investment Partners, At what point do we accede back to logic and rational thought? The Bank of Japan is “forced”, not my word, to…
“This Is Much Larger Than Subprime” – Here Are The Legendary Hedge Funds Fighting The Chinese Central Bank
One month ago, we first revealed that for one prominent winner from the subprime crisis, Hayman Capital’s Kyle Bass, “the greatest investment opportunity right now” is to short the Chinese…
So It Begins: Bloomberg Op-Ed Calls For An End Of Cash
In a moment of curious serendipity, a little over 90 minutes after we showed what a dystopian, centrally-planned, cashless society unleashed in a negative interest rate world would look like…
Japanese Bond Yields Continue To Collapse As China Margin Suffers Longest Losing Streak On Record
Following Kuroda’s panic policy measures from Friday, JGB yields continue to collapse across the curve (though notably 30Y is selling off – is someone actually concerned about long-term survival risk?).…
Paul Craig Roberts: The West Is Being Reduced To Looting Itself
Authored by Paul Craig Roberts, I, Michael Hudson, John Perkins, and a few others have reported the multi-pronged looting of peoples by Western economic institutions, principally the big New York…
Star Wars VII: The Audience Awakens
By EconMatters While I do not see EconMatters as a movie critic like Roger Ebert, sometimes it feels almost like civil duty to let people know not to waste money…
Africa Must Silence Guns Now, Stop Preventable Deaths, Buhari Tells Continent Leaders
President Muhammadu Buhari said on Sunday that the African Union’s vision to silence the guns and reduce preventable conflicts in the continent by 2020 must be achieved now. Buhari was…
Buhari Promises To Empower Nigerian Women, Congratulates Idris Deby As New AU Leader
President Muhammadu Buhari said at the weekend that his administration will continue to guarantee the economic rights of women by increasing budgetary allocation to projects by Federal Government ministries, agencies…