Blog

The ECM Turning Point — 2015.75 — the Start of a Trend Is Now

In Barcelona, many people asked if I thought the pro-independence parties in Spain’s Catalonia region would actually win. I told them it was inevitable as [...]

Read More

Debt, Debt, & More Debt: 2015.75

The 1985 World Economic Conference Back in 1985, we warned that the Sovereign Debt Crisis would emerge on 2015.75. How was 2015.75 forecast so far back? This is pi; [...]

Read More

Deutsche Bank – the New Lehman Brothers?

The rumor mill has been nonstop. The crushing blow to Europe will be the failure of Germany’s biggest bank: Deutsche Bank. Just about every circle is quietly [...]

Read More

Yellen Is Trapped in the Worst Nightmare Ever

Yellen has inherited a complete nightmare. Thursday’s decision to delay the long-awaited liftoff from a zero interest rate illustrates that the world economy [...]

Read More

Sovereign Debts: How Defaults May Unfold

In the Middle East, the banks are trying to convince the Gulf States to begin issuing debt even if there is no need to borrow, simply so they have a market to [...]

Read More

Japanese Debt Downgraded by S&P

The Japanese government’s economic revival strategy, which has been dubbed “Abenomics”, has proven to be a failure. We warned that the Sovereign Debt [...]

Read More

Krugman: Debt is Good & No Bubble in Bonds

Back in May of 2013, Paul Krugman said there was no bubble in bonds. Now he is back saying that debt is good and there is not enough of it. So just what is [...]

Read More

Thank You – The Future

COMMENT:  I carefully read through all your missives you had sent over the weekend, highlighting the importance of Monday for the Dow, and the levels given. You [...]

Read More

Venezuela’s Hyperinflation

The hyperinflation in Venezuela illustrates the real causes behind such events — the total collapse in the confidence of government. It is not a question of [...]

Read More

The Truth About the 1933 U.S. Banking Holiday

Herbert Hoover’s memoirs (1951) documents the fact that Franklin D. Roosevelt (FDR) played a very dirty game of politics. There were rumors that FDR would [...]

Read More