The United States-China trade war is hampering growth, sending the global economy into a frigid winter. The level of uncertainty is impacting manufacturing and service sectors, and without a trade agreement in sight, markets expect greater declines. Is it so bad that a recession will happen? Surprisingly, the answer is no. Despite the various signals, […]
Federal Reserve
John Williams says Fed taking risks to economic growth ‘seriously’
The Federal Reserve is not holding out hope that the United States economy will be what it has been in the last few years. Despite the official stance of the central bank is that the world’s largest economy is in a good place, the Fed is obviously concerned, otherwise it would not have cut interest […]
WOKE: Europe considers MMT, quantitative easing for the people
By: Andrew Moran The social justice equivalents in monetary policy are Modern Monetary Theory (MMT) and quantitative easing (QE) for the people. Desperate to save face and be liked again, the outgoing chief of the European Central Bank (ECB), Mario Draghi, is trying to throw anything at the wall to see what sticks, including even […]
Week in Review: September 16 to September 22
In case you missed any of this week’s articles, here is a round-up of some of the most read pieces written by the Economic Collapse News staff: Ron Paul: ‘We’re in the biggest bond bubble in history – and it’s going to burst’ BUST: Central banks make free market recessions worse WATCH: Julian Castro praised […]
Is a subzero interest rate the Hail Mary pass for central banks?
By: Jeff Deist Do central bankers really think negative interest rates are rational? “Calculation Error,” which Bloomberg terminals sometimes display1, is an apt metaphor for the current state of central bank policy. Both Europe and Asia are now awash in $13 trillion worth of negative-yielding sovereign and corporate bonds, and Alan Greenspan suggests negative interest rates soon […]