A New Set of Crises for the EU
The Paris-Berlin axis faces a new banking crisis and a weakening Southern Europe while Brexit inflames EU opposition across Europe.
The Paris-Berlin axis faces a new banking crisis and a weakening Southern Europe while Brexit inflames EU opposition across Europe.
Our monetary system favors those who are already-wealthy at the expense of those who are only beginning the wealth-building process.
The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?
Elizabeth Warren thinks she can prevent future foreclosure crises by regulating private banks. She should take a hard look at central banks instead.
The Fed cannot see the natural rate of interest, but it is right before its eyes.
During Friday's bloodbath a CNBC anchor lady assured her audience that Brexit wasn't a big sweat. That's because it is a political crisis, not a financial one.
John Tamny is right that we don't need the Fed. Unfortunately, his new book on the Fed goes off course while explaining why.
The Bank of England has been less reckless than the ECB. But both the UK and the eurozone economies are fragile thanks to loose monetary policy.
If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.