As Lending Standards Fall, Worries of a New Bust Rise
New research is sparking fears that junk debt could trigger a repeat of the 2008 crash.
New research is sparking fears that junk debt could trigger a repeat of the 2008 crash.
Many still to this day will not admit that the devastation witnessed in Venezuela is a problem inherent to socialism.
It is challenging to see how governments can escape from their debt traps when interest rates rise above the levels currently forecasted.
Italy’s problems are yet to descend into a Greek-style crisis, but that is the direction of travel. And Italy is far more serious than Greece because of its sheer size.
It is easy to blame weakening global markets on Trump, but it would be dangerous to believe that's the real cause of the slowdown.
Argentina has all the ingredients to be a global leading economy, but current policy makes the country a promise that always disappoints.
The stage has been set for a global credit crisis. And the Eurozone is a time-bomb waiting to happen.
Daniel Lacalle and Jeff Deist discuss the absurd reactions to the Fed's tiny interest rate hikes.
The biggest “success” of the ECB has been the massive bailout of governments at the expense of savers.
Not surprisingly, policies adopted by central bankers often serve the interests of the central banks themselves.