Bill Bonner: Empire of Debt
Jeff Deist and Bill Bonner consider various ugly endgames for the US dollar.
Jeff Deist and Bill Bonner consider various ugly endgames for the US dollar.
There are so many skyscrapers being built in China that I have not been able to keep track of them all. The "Walking Stick" building has just become the second tallest skyscraper in the world. This does not qualify as a genuine worldwide "skyscraper signal," but it does represent a signal for China.
Whether it’s the aftermath of the Greek crisis or the ongoing migrant and refugee crisis, the nation-states of Europe, and the EU government, have plenty to worry about. Meanwhile, the world braces for next week's Fed meeting.
The "junk silver" (90% US silver coins) seems to have disappeared. After checking several websites that deal in such coins almost all catagories have no inventory to sell. You can still buy bright and shiny versions of the coins at around a 20% premium over the silver value.
Jim Rickards and Jeff Deist discuss the unfolding drama at the Fed.
Recorded at the Mises Institute in Auburn, Alabama, on 22 July 2015.
Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.
How the Communist Party of China Bubbles and Tries to Keep Them Afloat