Global Economy

Jeff Deist and Daniel Lacalle discuss what rising interest rates will mean, and why academics and bankers are so clueless about the monetary side of financial markets.

Feds are reaching far beyond their limited Constitutional naturalization powers, and also violating state and federal laws.

Many people fail to correctly distinguish between the causes and effects of price inflation and those of monetary inflation.

Trump's Singapore Summit was really just a way for him to cede power in the region to the Koreas and to China. 

The recent collapse of the Argentine Peso and other emerging currencies doesn't bode well for the global economy.

The EU’s precariousness will only be fully exposed by the next credit crisis and the ECB’s response to it, which will end up collapsing the euro.

Neither the United States nor the European Union are so free of protectionist “sin” to cast retaliatory tariff stones at the other. 

Trump has exposed the hypocrisy of the "free trade" advocates in China and Europe. But by raising tariffs, Trump and other world leaders are inviting disaster. 

Has China blown the biggest credit bubble in history?

When we look at median incomes, we find that many European countries don't compare very well to many US states.