An economy that loses 9,300 full time jobs, but gains 20,200 part time jobs, probably isn’t an economy that’s experiencing real growth and prosperity.
While we think we think for ourselves, there is a very powerful propaganda machine out there that is designed to influence public opinion.
In my view, if there’s no debt relief, Greece is likely to default in July. If you own gold stocks, this is a huge risk.
Bad debts suffocated the economy for years. Low interest rates — not debt write-offs — were the way to deal with it.
Prime Minister Turnbull’s government wants to cash in on low interest rates to ramp up borrowing. That’s for building infrastructure around the country.
While commodity speculation is the latest fad in China, cracks are beginning to appear in the corporate bond market, which is where most of China’s debt resides.
The bullish signals just keep coming in this mad, mad financial world. But they’re never on the front pages of the newspapers.
Central bankers and governments want instant gratification. Why? Because the system that keeps them in a job demands it.
A return to house flipping! Housing data firm RealityTrac it has increased in 75% of markets across the United States in 2015.
Because the world is going deeper into debt and delving into negative interest rates to support a flawed growth model, it is less safe to invest in shares.