Greece will probably pull through … Greece is not yet out of the woods. But there is a credible path that could lead the country back into the sunlight. That's the main conclusion of a week I have just spent in the country. Although the economy will have a terrible 2013, next year should be better. But the outlook is fragile: political crisis could yet rear its ugly head, tax evasion is...Read More
Re-inflating the bubble … Obama hired back all the Clinton-era officials who caused the housing bust — so they can do it all over again … In the 1990s, convinced that the US mortgage market was racist, the Clinton administration launched a massive campaign of social engineering. Through government entities Fannie Mae and Freddie Mac, officials encouraged extending mortgages to pe...Read More
April 23, 2013Toronto, Canada (April 23, 2013) -Mega Uranium Ltd. (MGA-TSX) ("Mega") announces that on April 22, 2013, itacquired ownership of 21,876,265 common shares ("Common Shares") of NexGenEnergy Ltd. ("NexGen"), representing approximately 25.2% of the total issuedand outstanding common shares of NexGen as of April 22, 2013, pursuant to theclosing of the qualifying transaction of NexGen (pre...Read More
Carbon-Intensive Investors Risk $6 Trillion 'Bubble,' Study Says … Investors in carbon-intensive business could see $6 trillion wasted as policies limiting global warming stop them from exploiting their coal, oil and gas reserves, according to research by the Carbon Tracker Initiative and a climate-change research unit at the London School of Economics. If this rate continues for the...Read More
The green jewel was the Emissions Trading Scheme (ETS)—the European-wide carbon market, by far the largest such system in the world. The ETS, launched in 2005, allowed Europe to put a common price on a ton of carbon, which was meant to encourage utilities and factories to reduce carbon emissions in the most efficient way popular … But the ETS—and carbon trading more generally&mda...Read More
Free exchange – Where did everyone go? … Demography may explain the weakness of America's recovery … The notion that America's potential growth has slipped is not new. Some economists have argued that the crisis itself undermined potential by starving innovative companies of financing and driving some workers, whose skills have atrophied from long spells of unemployment,...Read More
The hottest frontier …When you are trying to keep a retail outfit afloat amid hyperinflation, it helps to have a sideline. "We had a business selling crocodile skins to Hermès and Gucci for shoes and handbags," says John Koumides, chief executive of Innscor, a conglomerate based in Zimbabwe's capital, Harare. The currency earned from this exotic export was a lifeline for...Read More
Carbon-Intensive Investors Risk $6 Trillion 'Bubble,' Study Says … Investors in carbon-intensive business could see $6 trillion wasted as policies limiting global warming stop them from exploiting their coal, oil and gas reserves, according to research by the Carbon Tracker Initiative and a climate-change research unit at the London School of Economics. If this rate continues for the...Read More
The green jewel was the Emissions Trading Scheme (ETS)—the European-wide carbon market, by far the largest such system in the world. The ETS, launched in 2005, allowed Europe to put a common price on a ton of carbon, which was meant to encourage utilities and factories to reduce carbon emissions in the most efficient way popular … But the ETS—and carbon trading more generally&mda...Read More
Free exchange – Where did everyone go? … Demography may explain the weakness of America's recovery … The notion that America's potential growth has slipped is not new. Some economists have argued that the crisis itself undermined potential by starving innovative companies of financing and driving some workers, whose skills have atrophied from long spells of unemployment,...Read More
The hottest frontier …When you are trying to keep a retail outfit afloat amid hyperinflation, it helps to have a sideline. "We had a business selling crocodile skins to Hermès and Gucci for shoes and handbags," says John Koumides, chief executive of Innscor, a conglomerate based in Zimbabwe's capital, Harare. The currency earned from this exotic export was a lifeline for...Read More
John Kaiser, of Kaiser Research Online, tells ProactiveInvestors that the underlying demand for gold stems from concern that over the next 15 years, a reviving American economy will enable emerging economies such as China to grow more rapidly than the American economy, resulting in a relative decline in America's current position of economic and military dominance. This shifting balance of economi...Read More
One of the best pieces of Louie on drivingThis footage is from the HBO Oh My God Comedy SpecialLouis CKI didn'tcreate this nor do I own the rights to it. I am uploading this for pure entertainment and certainly for potential educational purposes.Read More
The covid-19 virus, while incredibly tiny, continues to confound researchers with the myriad ways in which it can wreak havoc in the human body. Today's surprise is that the virus may have a completely second pathway, separate from targeting ACE2 receptors, for attack. New research indicates that, similar to HIV, covid-19 compromises the immune system's T-cells and "turns off" their protective fun...Read More
"Debts and deficits are going to SKY-FREAKING-ROCKET!"Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and...Read More
Chris Martenson explains how long it will take to determine if people have immunity to coronavirus in order to reopen the economy.Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econoblogge...Read More
Deflation, deflation, deflation. Join Mike Maloney as he points out some of the obvious clues from today's news that add up to show a clear roadmap for our economic future. Are you prepared?Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More