With every passing day, the Fed is slowly but surely losing the game. Only it is not just former (and in some cases current) Fed presidents…
Central bank
The health food chain Tossed has just opened the UK’s first cashless cafe. It’s another step towards the death of cash. This is nothing new. Money…
As I pointed out in this post, conservative elites have completely lost their minds. But liberal elites have problems as well. The problem is more complex…
European honeybees are being poisoned with up to 57 different pesticides, according to new research published in the Journal of Chromatography A. A new method for…
Finance ministers and central bankers from the world’s biggest economies met in Shanghai, China over the weekend to discuss many of the problems for which…
The political crisis in America is severe. The old ideas that buttressed the ruling class and promised democracy, growth and prosperity—neoliberalism, austerity, globalization, endless war,…
Serial capital raiser Deutsche Bank (which tapped the markets first here in 2008 and then, oopsie, we’re still a little bit short of the readies again here…
In the past year the stock markets in China erupted, contracting by nearly 50% in just three months, after having risen in the preceding year…
When you lend When you lend somebody money, they usually have to pay you for the privilege. That has been a bedrock assumption across centuries…
Jack reviews US Federal Reserve Chair, Janet Yellen’s, testimony to Congress this past week. Her overestimation of the health of the US economy and underestimation…
Seven years after the global financial crisis erupted in 2008, the world economy continued to stumble in 2015. According to the United Nations’ report World Economic…
More indicators show growing instability in the global economy, as US economy now appears to be slowing rapidly as well. Jack disassembles US 4th quarter…