January 23, 2024

This “Economist” Says $34 Trillion In Debt Is Definitely Not A Problem

By John Miltimore – QUOTH THE RAVEN “The federal debt starts the new […]
January 23, 2024

Fed Rate Cut Looks More Distant, But Soft Landing’s on Track. Here’s Why.

By Barron’s Just a few weeks ago, markets were convinced the Federal Reserve […]
January 20, 2024

Bastiat versus MMT

By Jonathan Newman – Mises Institute Proponents of modern monetary theory (MMT) are […]
January 20, 2024

2024: The Super Election Year

By Katharina Buchholz – Statista According to the Anchor Change Election Cycle Tracker and […]
January 18, 2024

China widens South America trade highway with Silk Road mega port

By Marco Aquino and Adam Jourdan – Reuters There is a new Chinese mega port rising […]
January 18, 2024

Which Countries Have the Highest GDP Growth Rate?

By Florian Zandt – Statista The growth of most highly developed economies has […]
January 17, 2024

Who Sells the Most Weapons?

By Anna Fleck – Statista The United States was the largest arms exporter between […]
January 16, 2024

Why are Americans so gloomy about their great economy?

By The Economist “The vibes are off” is a phrase that does not […]
January 15, 2024

Where Will the Global Economy Land in 2024?

By Nouriel Roubini – Project Syndicate Heading into 2024, most economists and market […]
January 15, 2024

Year of the Dragon: Silk Roads, BRICS Roads, Sino-Roads

By Pepe Escobar – The Unz REview As we enter incandescent 2024, four […]
January 15, 2024

Fed Reports Operating Loss of $114 billion for 2023, as Interest Expense Blows Out

By Wolf Richter for WOLF STREET But losses don’t matter to the Fed. The Fed creates […]
January 12, 2024

Three Risks to the Inflation Narrative

By Daniel Lacalle Market expectations of rapid disinflation and a soft landing remain, […]
January 12, 2024

$34 Trillion and Climbing

By Peter Earle – QUOTH THE RAVEN Just before the start of 2024, […]
January 10, 2024

Fed easing, BOJ tapering calls look like losing bets

By William Pesek – Asia Times This U-turn in economic reality has the […]
January 8, 2024

Which Industries Lost Jobs, Which Gained Jobs, including Government Jobs: Longer-Term Employment Trends in Charts

By Wolf Richter – Wold Street Some are hot, some are cold. And […]
January 8, 2024

Xi’s Solution for China’s Economy Risks Triggering New Trade War

By Bloomberg News As China’s property sector declines, President Xi Jinping needs to reshape the nation’s […]
January 6, 2024

National Debt Tops $34 Trillion but So What?

By Michael Maharrey On Dec. 29, the national debt slipped above $34 trillion for […]
January 5, 2024

Seizing Russia’s Frozen Assets Is the Right Move

By Joseph E. Stiglitz and Andrew Kosenko – Project Syndicate While policymakers in the United […]
January 4, 2024

Peter Schiff: 2024 Could Be Horrible For the Dollar

By Joel Bauman – Schiff Gold Peter Schiff left a stark warning in […]
January 4, 2024

Electric Car Models Eligible for $7,500 Tax Credit Cut To 13 from 24

By lAri Natter – Yahoo Finance The number of electric vehicle models eligible […]
January 4, 2024

The Global Economy Is Not Out of the Woods

By Kenneth Rogoff – Project Syndicate As geopolitical tensions spike and interest rates […]
January 2, 2024

The World in 2024

By Richard Haass – Project Syndicate While the US presidential election in November […]
January 2, 2024

The End of Money As We Know It.

By Daniel Lacalle The year of disinflation can only come from a recession. […]
January 2, 2024

Status of US Dollar as Global Reserve Currency and USD Exchange Rates: Long, Slow, Uneven Decline Continues

By Wolf Richter – Wolf Street The share of USD-denominated foreign exchange reserves […]
December 30, 2023

Argentina announces that it will not join BRICS bloc

Argentina has announced that it will not join the BRICS bloc of developing […]
December 27, 2023

The War on Gold

By Thorsten Polleit – Mises Wire On August 15, 1971, US president Richard […]
December 22, 2023

The Myth of the Unprecedented

By Stephen S. Roach – Project Syndicate Confession: my crystal ball has been […]
December 21, 2023

62 Percent Of Americans Live Paycheck To Paycheck And The Bottom Of The Economic Food Chain Is Already Collapsing

By The Economic Collapse Thanks to a soaring stock market, the wealthy are […]
December 18, 2023

Will Powell’s Pivot Bail Out Biden?

By Tho Bishop – Mises Wire For the last few years, Jerome Powell […]
December 15, 2023

The Fed Surrenders to Inflation!

By Michael Maharrey The Federal Reserve just surrendered to inflation. Fed officials won’t call […]
December 14, 2023

Keeping Chinese parts out of American EV’s – Richard Mills

2023.12.14 In this ‘Under the spotlight’ written interview Rick Mills, editor of the […]
December 11, 2023

We followed an old-growth detective into the forest to fact-check B.C.’s suspicious claims about the age of trees

By  Sarah Cox – The Narwhal When conservationist Eddie Petryshen learned BC Timber […]
December 11, 2023

The Question is Not “When” but “Why” the Fed Would Cut Rates with a Labor Market this Strong and Wage Growth Accelerating

By Wolf Richter – Wolf Street So this was not a rate-cut jobs report […]
December 7, 2023

“Spiraling Out Of Control”: The U.S. Debt Crisis Goes Parabolic

By Quoth the Raven Over the weekend I had the pleasure of talking […]
December 6, 2023

Behind the US manufacturing boom – Richard Mills

2023.12.06 Manufacturing has always been an integral part of American life. Paul Revere […]
December 5, 2023

Regulators Hope You Don’t Notice The Massive Hidden Losses In The Banking System

By Paul H. Kupiec – AEI The Secretary of the Treasury and the Financial […]
November 30, 2023

As the US Treasury Runs Out of Creditors, Its Options Dwindle

By Jonathan Newman – Mises Wire Are the chickens coming home to roost […]
November 28, 2023

After Ukraine, Realpolitik Will Be the New Interventionist Status Quo

By Jeremy Powell – MISES WIRE From the onset of the current Israeli-Hamas […]
November 28, 2023

If QT Is Doing This, No Wonder Stocks Are Rallying

By Tyler Durden – ZeroHedge Quantitative tightening isn’t working. At least not in the […]
November 27, 2023

Uranium sector ‘scrambling’ to fill supply gap

By Colin McClelland – Mining.com The price of uranium will hit triple-digits for […]
November 27, 2023

Two-State Solution

By Carl Bildt – Project Syndicate After more than a month of relentless […]
November 27, 2023

No, Don’t Do It!

By James Rickards – Daily Reckoning Almost 10 years ago, I sat in a […]
November 26, 2023

How China cornered the market for critical minerals and can the West break it’s near monopoly on these metals? – Richard Mills

2023.11.26 China is already gobbling up copper and copper ore at an incredible […]
November 26, 2023

When Does Federal Debt Reach Unsustainable Levels?

Penn Wharton University of Pennsylvania PWBM estimates that—even under myopic expectations—financial markets cannot […]
November 26, 2023

Fed Rate Cuts Will Not Save The Economy

By Daniel Lacalle – MISES WIRE Market participants who assume rate cuts will […]
November 26, 2023

The Shift to the Middle is Coming

 By Martin Armstrong – Armstrong Economics All the media is so anti-common sense […]
November 24, 2023

Our Megathreatened Age

By Nouriel Roubini – Project Syndicate It is now common knowledge that economic, […]
November 23, 2023

Fed Hike After A Long Pause? It’s Rare, But It Happens

By Tyler Durden – ZeroHedge It’s unusual for the Federal Reserve to hike […]
November 23, 2023

Even Higher for Longer if Markets Keep Fighting Central Banks, ECB’s Wunsch Explains. The Fed Has Same Problem

By Wolf Richter – Wolf Street The Fed, the ECB, the BOC, the […]
November 23, 2023

Tariffs; A failure of leadership

By Shang-Jin Wei – Project Syndicate Beyond undermining the rules-based international trading system, […]
November 20, 2023

Biden and Xi Pick the Low-Hanging Fruit

By Stephen S. Roach US President Joe Biden and Chinese President Xi Jinping’s […]
November 16, 2023

AOTH’s interest rate predictions have been bang on – Richard Mills

2023.11.16 At Ahead of the Herd, we pride ourselves on being right, when […]
November 15, 2023

Interventionism

By Connor O’Keeffe Interventionism creates a mixed economy between socialism and capitalism where […]
November 13, 2023

Sovereign Debt is Eating the World

By Peter St. Onge Sovereign debt is eating the world. Lining up a […]
November 12, 2023

The Economic Consequences of the Gaza War

By Nouriel Roubini With Israel embarked on a military campaign to eliminate Hamas […]
November 10, 2023

How Washington Hawks Helped Create the New “Axis of Evil”

By Connor O’Keeffe In 2002, President George W. Bush cited the now famous […]
November 9, 2023

Preventing AI Nuclear Armageddon

By Melissa Parke Nuclear history is rife with near-misses, with disaster averted by […]
November 9, 2023

The deadly missile race in the Middle East

The Economist The ballistic missiles that arced from Yemen to Israel on October 31st […]
November 9, 2023

The Fed Won’t Achieve Either of Its Mandates

By Peter Schiff Now, had they used another form of taxation, had the […]
November 5, 2023

October’s Sobering Jobs Report Adds to Mounting Bad Economic News

By Ryan McMaken We find substantial evidence that the “strength” of the job […]
October 27, 2023

A Better Biden-Xi Summit?

By Stephen S. Roach There is a real possibility that US President Joe […]
October 15, 2023

Paralysis in Congress makes America a dysfunctional superpower

By The Economist Robert gates, a former defence secretary who served Republican and […]
October 11, 2023

Janet Yellen Suggests Much Lower For Much Longer

By Michael Lebowitz On October 5, 2023, Treasury Secretary Janet Yellen made a […]
October 11, 2023

1970s-style stagflation may be at risk of repeating itself, Deutsche Bank warns

By Dow Jones A major Wall Street bank is warning about the risk that […]
October 3, 2023

Governments across the world are discovering “homeland economics”

By The Economist For a while, after the end of the cold war, it […]
October 2, 2023

American Tactics vs. Chinese Strategy

By Stephen S Roach The debate over the difference between tactics and strategy […]
October 1, 2023

The Timeline of U.S. Government Shutdowns

By Katharina Buchholz Government shutdowns aren’t all that rare: Since 1976, there have been […]
September 27, 2023

China engaging in largest conventional military buildup since World War II: Australian envoy

By The Tribune A top Australian envoy on Tuesday claimed China is putting […]
September 17, 2023
Miner at old wooden

Gold, copper miners could pay 8% Federal royalties under new Biden mining proposal

By Ernest Hoffman  The Biden administration is proposing a dramatic overhaul of a 151-year-old law […]
September 11, 2023

China’s Belt and Road Initiative will keep testing the West

By The Economist In many ways the bri has lived up to the hype. More […]
September 8, 2023

Momentum builds for US soft landing with no recession – Richard Mills

2023.09.08 A while ago, we insinuated that the Federal Reserve may just be […]
September 8, 2023

美国软着陆势头增强,不出现衰退

2023.09.08 不久前,我们暗示美联储可能能够实现其传说中的“软着陆”,而从目前美国经济的发展情况来看,这一预测看起来相当精明。 正如我们在之前的文章中详述的那样,线索一直存在:作为经济活动很大一部分驱动力的美国大公司正在赚取巨额利润,这意味着更高的就业率和消费者的可支配收入。 仅仅通过提高价格来适应通胀主题,不断上升的利率除了提高利润外什么也没做。事实上,利息支付占税后利润的百分比实际上处于 60 年来的最低水平!因此,标普 500 指数收复了 2022 年熊市一半以上的损失也就不足为奇了,而且正如华尔街所声称的那样,现在正处于牛市。 正如我们之前多次讨论过的,央行不能仅仅因为无力承担而继续加息(请注意,目前美国联邦债务的年度支付额为 32.6 万亿美元,即将达到 […]
September 8, 2023

Ghost Sharks

By David Lague In U.S.-China AI contest, the race is on to deploy killer […]
September 7, 2023

India Should Quit the BRICS

By ARVIND SUBRAMANIAN and JOSH FELMAN Following the BRICS’ recent announcement that it will add […]
September 7, 2023

How the G20 Power Dynamic Shifted

By Katharina Buchholz The G20, which is meeting this weekend in New Delhi, India, […]
September 7, 2023

How Mine Permitting Delays Impact the Transition to a Green Economy

By Visual Capitalist The US reliance on copper is expected to increase from […]
September 6, 2023

Corporate profit-taking is greasing the runway for a “soft landing” – Richard Mills

2023.07.28 For over a year now, the financial talking heads have been discussing […]
September 6, 2023

Mining industry risks another lost decade – Richard Mills

2023.09.06 Mining — like any other sector — has experienced its fair share […]
September 6, 2023

采矿业面临另一个荒废的十年

2023.09.06 与任何其他行业一样,采矿业在过去十年中也经历了相当多的问题,影响了其整体声誉和效率。 现在面临着为全球能源转型提供足够矿物的艰巨挑战,该行业必须深入挖掘——无论是字面上还是隐喻上——以提高其绩效。 但问题的根源是多方面的,阻力来自各个方面。关键问题包括全球技能短缺、环境和人权问题以及资金的可用性和使用。 在这些问题得到解决之前,采矿业的价值将无法最大化,并且该行业可能在未来十年遭受同样的命运。 下面,我们将探讨采矿业长期可持续发展的每一个主要障碍,以及该行业已经(或尚未)采取哪些措施来减轻这些风险。 关键技能差距 采矿业面临的最大挑战之一是劳动力老龄化和后继人才缺乏造成的技能差距日益扩大。 科罗拉多矿业学院研究和技术转让副总裁沃尔特·科潘 (Walter Copan) 表示,采矿业正面临着严重的技能差距,再加上即将到来的预期退休人数方面的所谓“灰色海啸”,情况更加严重。 德勤今年早些时候发布的一项研究显示,近 […]
September 4, 2023

A new nuclear arms race looms

By The Economist From offices in America’s State Department and Russia’s Ministry of Defence, officials […]
September 4, 2023

This Cold War Is Different

By Mark Leonard Contrary to how it may appear to many, not least […]
August 29, 2023

Ukraine — Victory Is Closer Than You Think

By Jan Kallberg Ukraine’s counteroffensive is making substantial progress. Russia’s generals will know this, […]
August 28, 2023

Will the BRICS Dethrone the U.S. Dollar?

By Daniel Lacalle The summit of the so-called BRICS (Brazil, Russia, India, China, and […]
August 28, 2023

How First Nations in B.C. are taking back control of stewardship and access in their traditional territories

By Emily Vance Despite thousands of years of caring for these lands and […]
August 27, 2023

Does an Expanded BRICS Mean Anything?

By JIM O’NEILL Now that the BRICS (Brazil, Russia, India, China, and South […]
August 27, 2023

Doug Casey on the Battle for Strategic Resources in Africa

By Doug Casey International Man: Since 2020, coups have replaced pro-Western governments in Guinea, […]
August 25, 2023

Growing National Debt Menaces Our Prosperity and Our Liberty

By Schiffgold The national debt has climbed to a staggering $32.7 trillion. In […]
August 24, 2023

Preventing a US-China War

By Nouriel Roubini China and America both need to pursue policies that will […]
August 17, 2023

Survival of the richest – Richard Mills

2023.08.17 Inequality is one of the most volatile aspects of contemporary society, and […]
August 11, 2023

Markets for rice and wheat tightening – Richard Mills

2023.08.11 The markets for two of agriculture’s staple crops, rice and wheat, are […]
August 10, 2023

A vicious cycle of rising resource nationalism – Richard Mills

2023.08.10 Global warming has raised the economic status and political importance of critical […]
August 8, 2023

African sources of graphite, uranium tainted by conflict – Richard Mills

2023.08.08 Country risk is one of the most important factors to consider in […]
August 8, 2023

Charted: America’s Import Reliance of Key Minerals

By Niccolo Conte The push towards a more sustainable future requires various key […]
July 27, 2023

Reasons why food inflation isn’t going away – Richard Mills

2023.07.27 By now, we’ve probably surrendered to the fact that food prices will […]
July 27, 2023

食品通胀仍未消失的几大原因

2023.07.27 到目前为止,我们可能已经接受了这样一个事实:世界各地的食品价格将继续变得更加昂贵。 在加拿大,平均食品杂货账单不断上涨。对一些家庭来说,现在已经难以承受。 6 月份,加拿大食品通胀同比增长 9.1%,紧跟 5 月份增长的 9%。 与正在放缓的 2.8% 的总体通胀率相比,食品价格的走势似乎是一个大问题。 加拿大统计局上个月通过 […]
July 26, 2023

The decline of the Russian navy – Richard Mills

2023.07.06 The recently attempted coup by Yevgeny Prigozhin, head of Russia’s mercenary Wagner Group, […]
July 22, 2023

Inequality: trends and implications – Richard Mills

2023.07.22 Inequality is one of the most volatile aspects of contemporary society, and […]
July 13, 2023

Talks of Fed pulling off a fabled “soft landing” still premature – Richard Mills

2023.07.13 In economics, a “soft landing” widely refers to a moderate economic slowdown […]
July 13, 2023

谈论美联储实现所谓的“软着陆”还为时过早

2023.07.13 在经济学中,“软着陆”广泛指的是在经历了一段成功避免衰退的增长期之后经济适度放缓。从隐喻上讲,它类似于该术语最初在航空领域的使用方式——飞行员试图让飞机平稳着陆而不坠毁。 当肩负着阻止经济因高通胀而过热的任务时,美联储等央行通常会提高利率,使其刚好足以引发经济放缓(即软着陆),但不足以引发严重的经济衰退(称为“硬着陆”)。 虽然定义“软着陆”的量化因素长期以来一直存在争议,但在失业率不大幅飙升(最好低于 5%)的情况下让通胀率回到或接近 2% 的目标通常被视为基本要求。 “软着陆”一词在前美联储主席艾伦·格林斯潘 (Alan Greenspan) 任职期间首次流行,人们普遍认为他在 1994 年至 […]
July 7, 2023

‘Useful idiots’ equally present on the left and right – Richard Mills

2023.07.07 In 2013, then-Liberal Party of Canada leader Justin Trudeau was asked which […]