Follow us or the Bunny gets it. No
Bunny gets it

Subscribe for newsletter


Follow us in Twitter



Gold standard and monetary metals:


Subscribe for browser push notifications

Category Archive: 5) Global Macro

Filter archive by: Show All Show only Articles Show only Videos

The Feedback Loop of Doom: When Mobile Creatives and Capital Abandon Unaffordable, Dysfunctional Cities

2019-04-26

by

2019-04-26

State and Local Spending vs. Private GDP Multiples of 1950 Values
When the 4% who generate the jobs and tax revenues have had enough and leave, the effects quickly impact the 64%. At the end of any trend, everyone's a true believer: this trend is so enduring, so broad-based, so based on unchanging fundamentals that it will never ever reverse.

Read More »

How to defeat malaria | The Economist

2019-04-25

by

Malaria still kills around 400,000 people a year. Efforts to eradicate the disease have stalled because of drug resistance—but pioneering gene-editing technology might offer a new solution Read more here: https://econ.st/2XHVIiY Click here to subscribe to The Economist on YouTube: https://econ.st/2xvTKdy For more from Economist Films visit: http://films.economist.com/ Check out The Economist’s full video catalogue: …

Read More »

If “Getting Ahead” Depends on Asset Bubbles, It’s Not “Getting Ahead,” It’s Gambling

2019-04-25

by

2019-04-25

Workers share of national income 1994-2020
Given that the economy is now totally and completely dependent on inflating asset bubbles, it makes no sense to invest for the long-term. Beneath the endlessly hyped expansion in gross domestic product (GDP) of the past two decades, the economy has changed dramatically. The American Dream boils down to social and economic mobility, a.k.a. getting ahead through hard work, merit and wise investments in oneself and one's family.

Read More »

Charles Hugh Smith – Debt Rising Faster Than Income

2019-04-24

by

Can team Trump keep the economy going until after the 2020 election? Journalist and book author Charles Hugh Smith says, “I think you are pushing a little bit on a string to get a 10 year long expansion to stretch out to 12 years. It’s like you are pushing sand uphill at some point. . … Continue reading »

Read More »

The Eurodollar, Unfortunately, Is What Is Rebalancing China’s Services Economy

2019-04-24

by

2019-04-24

China Nominal GDP, 1995-2019
If the “equation” CNY DOWN = BAD is valid, and it is, then what drives CNY downward in the first place? In conventional Economics, authorities command the currency to affect the level of exports. In reality, that’s not at all how it works. The eurodollar system of shadow money is almost purely calculated risk versus return.

Read More »

COT Blue: Distinct Lack of Green But A Lot That’s Gold

2019-04-24

by

2019-04-24

US Shortage, Gold, 2017-2019
Gold, in my worldview, can be a “heads I win, tails you lose” proposition. If it goes up, that’s fear. Nothing good. If it goes down, that’s collateral. In many ways, worse. Either way, it is only bad, right? Not always. There are times when rising gold signals inflation, more properly reflation perceptions. Determining which is which is the real challenge.

Read More »

How Empires Fall: Moral Decay

2019-04-23

by

2019-04-23

Income Inequality and Political Polarization 1947-2009
There is a name for this institutionalized, commoditized fraud: moral decay. Moral decay is an interesting phenomenon: we spot it easily in our partisan-politics opponents and BAU (business as usual) government/private-sector dealings (are those $3,000 Pentagon hammers now $5,000 each or $10,000 each? It's hard to keep current...), and we're suitably indignant when non-partisan corruption is discovered in supposed meritocracies such as the college...

Read More »

America’s Forced Financial Flight: Fleeing Unaffordable and Dysfunctional Cities

2019-04-22

by

2019-04-22

Consumer Price Index for All Urban Consumers 1925-2000
The forced flight from unaffordable and dysfunctional urban regions is as yet a trickle, but watch what happens when a recession causes widespread layoffs in high-wage sectors. For hundreds of years, rural poverty has driven people to urban areas: cities offer paying work and abundant opportunities to get ahead, and these financial incentives have transformed the human populace from largely rural to largely urban in the developed world.

Read More »

China: Q1 growth beats expectations

2019-04-21

by

2019-04-21

Growth in Chinese Real GDP 2013-2019
The Chinese economy grew at a faster rate than expected in the first quarter as policy stimulus effects kick in.The National Bureau of Statistics of China published Q1 GDP figures along with some key economic indicators for March. The data generally surprised on the upside. While we had previously flagged the upside risk to our earlier GDP forecast following the rebound in PMIs and strong credit numbers, the latest data releases still surprised to...

Read More »

Business cycle could define Trump’s re-election chances

2019-04-20

by

2019-04-20

Trump's Approval Rates are Stable, 2016-2019
President Trump’s focus on getting re-elected in November 2020 may have implications for his economic policy choices.As we move closer to the 2020 presidential election, Trump has been blatantly leaning on the Federal Reserve to be more accommodative and has been trying to appoint nominees who share his preference for loose monetary policy to the Fed board.

Read More »

Jeff Snider: Eurodollar System Overview

2019-04-19

by

Erik Townsend and Patrick Ceresna welcome Jeff Snider to MacroVoices. Erik and Jeff discuss the history of Eurodollar, Eurodollar as global reserve currency, and how the global economy and the global financial system depend on the Eurodollar system. They also discuss the breakdown of Eurodollar system, the Great Global Monetary Crisis and the effect the Eurodollar squeeze has on …

Read More »

MACRO ANALYTICS – 04 18 19 – Forced Migration in America w/Charles Hugh Smith

2019-04-19

by

VIDEO NOTIFICATION SIGN-UP: http://bit.ly/2y63PvX-Sign-Up VIDEO ABSTRACT: America’s Forced Financial Flight: Fleeing Unaffordable and Dysfunctional Cities April 22, 2019 — https://www.oftwominds.com/blogapr19/forced-flight4-19.html Thank you to all Macro Analytics/Gordon T Long YouTube followers. I will continue to add the following message to each video, which many have already seen to help all of those that haven’t learned of …...

Read More »

China’s Blowout IP, Frugal Stimulus, and Sinking Capex

2019-04-19

by

2019-04-19

China Industrial Production 1999-2019
It had been 55 months, nearly five years since China’s vast and troubled industrial sector had seen growth better than 8%. Not since the first sparks of the rising dollar, Euro$ #3’s worst, had Industrial Production been better than that mark. What used to be a floor had seemingly become an unbreakable ceiling over this past half a decade. According to Chinese estimates, IP in March 2019 was 8.5% more than it was in March 2018. That was far more...

Read More »

CHARLES HUGH SMITH – We Are Gonna Destroy The Economy If We Keep Going Like This

2019-04-18

by

SUBSCRIBE for Latest on FINANCIAL CRISIS / OIL PRICE / PETROL/ GLOBAL ECONOMIC COLLAPSE / DOLLAR COLLAPSE / GOLD / SILVER / BITCOIN / ETHERIUM / CRYPTOCURRENCY / LITECOIN /FINANCIAL CRASH / GLOBAL RESET / NEW WORLD ORDER / ECONOMIC COLLAPSE / DAVOS 2018

Read More »

The Next Financial Crisis Won’t Be Caused by Fraud: This Time Will Be Different

2019-04-18

by

2019-04-18

All Sectors, Debt Securities and Loans, Liability, 1960 - 2019
Financial crises come in two flavors: fraud and credit-valuation over-reach.Fraud-based financial crises may differ in particulars, but they share many traits: perverse incentives are institutionalized; the perverse incentives reward figuring out how to evade oversight via fraud, embezzlement, masking risk, etc. which are soon commoditized; regulations are gutted by insider-funded lobbying; regulators fail to do their job in hopes of getting...

Read More »

Green Shoot or Domestic Stall?

2019-04-17

by

2019-04-17

U.S. Industrial Production, SA 2007-2019
According to revised figures, things were really looking up for US industry. For the month of April 2018, the Federal Reserve’s Diffusion Index (3-month) for Industrial Production hit 68.2. Like a lot of other sentiment indicators, this was the highest in so long it had to be something. For this particular index, it hadn’t seen better than 68 since way back in March 2010, back when the economy looked briefly like it might actually recover.

Read More »

Round Table with Gordon T. Long & Charles Hugh Smith #4299

2019-04-16

by

Financial experts Gordon T. Long and Charles Hugh Smith join FSN for a discussion on what went/is going wrong with the American Experiment. Obviously among the culprits, corrupt government, corporatization, financialization and inflation to name just a few. The solution is very straight forward and simple. Go back to localization, bring back the institutions that …

Read More »

Who will be Britain’s next prime minister? | The Economist

2019-04-16

by

The race is already on to replace Theresa May as Britain’s prime minister. Adrian Wooldridge, our political editor, assesses the chances of five leading Conservative politicians hoping to take the top job. To read more, click this link: https://econ.st/2GjzNYA Click here to subscribe to The Economist on YouTube: https://econ.st/2xvTKdy For more from Economist Films visit: …

Read More »

Coloring One Green Shoot

2019-04-16

by

2019-04-16

China Retail Sales, 2010-2018
China’s Passenger Car Association reported last week that retail sales of various vehicles totaled 1.78 million units in March 2019. The total was 12% less than the number of automobiles sold in March 2018. This matches the government’s data, both sets very clear as to when Chinese economic struggles accelerated: May 2018.

Read More »

No Fix for Recession: Without a Financial Crisis, There’s No Central Bank Policy Fix

2019-04-15

by

2019-04-15

All Federal Reserve Banks: Total Assets 2004-2018
There are no extreme "fixes" to secular declines in sales, profits, employment, tax revenues and asset prices. The saying "never let a crisis go to waste" embodies several truths worth pondering as the stock market nears new highs. One truth is that extreme policies that would raise objections in typical times can be swept into law in the "we have to do something" panic of a crisis.

Read More »