Japan Extends Lead Over China As Biggest Foreign Holder Of US Treasurys
Zero Hedge | Japan resumed its buying of USTs in October (the latest TIC data), while China continued selling…
Tag: Money Watch
Pound slumps 1% as Boris Johnson raises fresh risk of a no-deal Brexit
CNBC | Local media reported early Tuesday that Johnson will add a revision to the Brexit bill (formally known as the Withdrawal Agreement Bill) that would explicitly rule out any extension to the transition period beyond December 2020.
Consumers Are Likely Running Out Of Cash And Available Credit To Power The Economy
Mac Slavo | The rampant consumerism in our society is what many say is driving the economy right now.
US and China reached a trade agreement, but some key details are still unclear
CNBC | After the U.S. and China on Friday announced progress on a trade agreement, a critical point of the deal remains in question: agricultural purchases.
Hyperinflation, Money Demand, & The Crack-Up Boom
Thorsten Polleit | In the early 1920s, Ludwig von Mises became a witness to hyperinflation in Austria and Germany – monetary developments that caused irreparable and (in the German case) cataclysmic damage to civilization.
The Wealthy Are Hoarding Physical Gold
SchiffGold.com | The world’s rich are hoarding gold – this according to data buried in a recent Goldman Sachs note to clients.
Despite Blowing Millions, Latest Poll Finds Billionaire Bloomberg “Wildly Unpopular”
Zero Hedge | It turns out that Americans don’t want to “be like Mike” after all… the other Mike…
Get Ready For An Economic Wake-Up Call This Holiday Season
Brandon Smith | If we are to measure the concept of “economic recovery” in real terms, then we would have to look at the fundamentals (not stock markets) and whether or not they’re improving.
Mega-Rich Environmentalists Respond To Questions About Their Use Of Private Jets
Daily Caller | Billionaire Bill Gates and former Vice President Al Gore responded to criticism that their use of jets somehow conflicts with their desire to fight global warming, Axios reported Monday.
Is A Global Crash Just Around The Corner? Central Banks Are Cutting At The Fastest Rate Since The Financial Crisis
Zero Hedge | There is something very fishy about the world’s economic situation.
Trump Boasts He Made Saudis Pay “Billions” For US Troops
Zero Hedge | Just before he abruptly canceled a final news conference to cap off this week’s 70th anniversary meeting in London, Trump revealed a stunning conversation he says he had previously with the Saudi king.
Economic ‘carpet bombing’: Huawei looks to reverse FCC order barring US companies from using federal funds to buy its products
RT | Chinese tech giant Huawei has filed a complaint seeking to overturn an FCC ruling that bans American firms from using an $8.5 billion federal fund to buy electronics from the company, dubbing it a metaphorical “carpet bombing.”
Peter Schiff: This House of Cards Will Come Crashing Down On Consumers
SchiffGold.com | Stocks closed out November on a high note with the hope of a trade deal fueling Wall Street. But is this warranted?
Futures Surge After Bloomberg Quotes “Unnamed Sources” Saying US, China Closer To Trade Deal
Zero Hedge | We’ve seen these headlines before…
Hope For A U.S.-China Trade Deal Is Completely Dead, And Wall Street Is Starting To Panic
Michael Snyder | Now that the relationship between the United States and China has been destroyed, the future is looking a whole lot more bleak for investors than it was just a few weeks ago.