The basic idea of a balance sheet recession (attributed to Richard Koo) has been well-publicized: when the liability (debt) side of household and business ledgers reach danger heights, stakeholders respond by reducing debt and increasing savings rather than increasing spending

Legalizing Weed Has Done What 1 Trillion Dollars and a 40 Year War Couldn’t https://t.co/g9LuCMNai3@AntiMedia pic.twitter.com/Kamh79uvoe — PMbeers (@PMbeers) March 7, 2016

“If a blockchain is an irrevocable record then the question becomes is — how do you actually net it? It needs to be a lot more complicated than a simple ledger of who bought what, when, and a chronological list

A quiet revolution is coming https://t.co/RA0juRcxh9
— 47 Bullion (@47Bull) March 7, 2016

Banks Are ‘Grabbing in the Dark’ on Blockchain Tech says @AdamDraper https://t.co/2TXrwBRtJT — Jon Matonis (@jonmatonis) March 6, 2016

REUTERS-China gold reserves rise to 57.5 mln oz at end-Feb from 57.18 mln a month earlier-https://t.co/KcIIb9tBSI pic.twitter.com/iN6A1hPYer
— Jan Harvey (@Jan_ReutersGold) March 7, 2016

Who would have thought?! https://t.co/9T0Jw15GRk
— willem middelkoop (@wmiddelkoop) March 6, 2016

If Alex Jones had uttered something this preposterous, the media would be laughing like hyenas at this conspiracy theory. As this conspiracy theory is pushed by none other than Nato, however, the mainstream media prints with reverence: The elaborate conspiracy

Is she going to be bringing cookies to the refugees? https://t.co/5OGgHL8j8K
— The Automatic Earth (@AutomaticEarth) March 6, 2016

.@MuradQureshiAM “Greater London Authority To Move Into Residential Mortgage Backed Securities”https://t.co/SaT3TTF4oI What could go wrong?! — Joel Benjamin (@Gian_TCatt) March 4, 2016

#Buy & #Sell #Bitcoin $BTC instantly at @CellCityM1 @thebestbtc247 @RathboneNews. Also @start_coin coming to a #bitcoinATM near you soon
— SatoshiPoint (@SatoshiPoint) March 6, 2016
.

We discuss central banks trying to perform monetary miracles whilst chained to the ground by a stubbornly real economy. In the second half Max interviews Sandeep Jaitly of FeketeResearch.com about the fact that the unusual negative gold forward rates (gofo)

The Guardian recently asked Trump supporters to explain in detail the rationale behind their support. What emerged is one of the most fascinating articles I’ve read all year. Not only are the demographics not what you’d expect, but their reasons for support were much more varied,

The Guardian recently asked Trump supporters to explain in detail the rationale behind their support. What emerged is one of the most fascinating articles I’ve read all year. Not only are the demographics not what you’d expect, but their reasons for support were much more varied,