Global Financial System — We’re Overdue a Currency Reset
Financial systems very rarely collapse completely. They’re reborn in a new form before the collapse unfolds. This usually occurs once the existing system has run its course…
Macroeconomics: Global Central Banks News & Highlights
Greensill Capital Collapse — Dodgy Assets and Crafty Accounting
The likely collapse of Greensill Capital has taken something of a backseat. Or, at least, it was taking a backseat up until the point that the finer details became clear…
Biden Administration is Operating at Full Speed — No Time To Waste
The Biden administration is in place and operating at full speed. Some cabinet officials are still awaiting confirmation, but the key seats are filled. This administration is off to a fast start and policy is being pushed on a fast track…
Cash Savings Won’t Be Viable Ever Again — Flushed Out by Inflation
Cash savings get flushed out by inflation and ultra-low interest rates. That is if you are getting .5% on your cash savings account, and inflation is 3%, you are just haemorrhaging money by keeping it there…
Buffett Backs Away from This Asset Class — Share Markets Wobble
Share markets around the world got the wobbles last week because interest rates on the ‘long end’ are rising strongly. Suddenly all those future earnings and cash flows have to be discounted at a higher rate…
Economic Growth — Bad News as More Bullish Signs Emerge
Inflation usually comes about because of increasing demand. In other words, economic growth. Can economic growth actually be bad for share markets? The answer appears to be nuanced. Bad for some stocks, good for others…
