A German police officer stands guard in Frankfurt, Germany, October 26, Assadollah Assadi, a Vienna-based diplomat, is suspected of contracting a couple in Belgium to attack an annual meeting of an exiled Iranian opposition group in Villepinte, near Paris, German federal prosecutors said.
And we are getting close to this collapse. Because part of the cure for the economy is deflating these bubbles. It has to be done.
Someone has to rip this bandaid off and he was elected to do it. And so, rising consumer prices and rising interest rates are gonna start to be a powerful headwind for the economy because Americans are gonna be spending a lot more money on basic necessities, if they have an adjustable rate mortgage…costs are going up.
Credit card debt, auto loans, all this cheap money is gonna be gradually going away and the economy is going to be weakening.
And as the economy is weakening, unemployment is gonna start to pick up. Now the Fed is gonna see this. The Fed is gonna see the economy slowing down, and if they continue to raise rates, it will go into recession.
In fact, I think that they have to go back to zero, they have to launch QE4 in order to keep interest rates from really spiking and to prop up the market, but that will set off a currency crisis. The dollar will plunge, not just make new lows.
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. EU launches Asia strategy to rival China's 'new Silk Road' Brussels (AFP) Sept 26, As doubts grow over China's vast "Belt and Road" trade infrastructure project, the EU is launching an alternative plan for Asia that it says will not saddle countries with debt . Sep 17, · It’s been called a mountain, a horror movie, a bomb and a treadmill to hell. To doomsayers, China's $34 trillion pile of public and private debt is .
But Schiff fired back. Join over one million monthly readers and receive breaking news, strategies, ideas and commentary. Read by 11, people Date: January 23rd, Website: This content may be freely reproduced in full or in part in digital form with full attribution to the author and a link to www.
Please contact us for permission to reproduce this content in other media formats.Dec 15, · The IMF for example, which keeps warning of the perils of debt, estimates China's total debt at % of GDP, while remarking on the rapidity of its rise in recent years and forecasting that it.
The untold story of the world economy — so far at least — is the potentially explosive interaction between the spreading trade war and the overhang of global debt.
RBA Governor Phil Lowe has outlined the debt risks faced by China, highlighting the rapid buildup in debt since and its opaque financial system.
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In a nation whose debt has outgrown the size of its entire economy, the greatest threat comes not from any foreign force but from Washington politicians who refuse to relinquish the .
BERLIN — An Iranian diplomat suspected of involvement in a bomb plot against an Iranian opposition rally in France, was charged in Germany on Wednesday with activity as a foreign agent and. “In Nordic high yield you can easily think you’re buying a Ferrari and it turns out it’s not "- Evgeny Artemenkov, a high-yield money manager at Saastopankki in Helsinki.
That, it turns out, is the understatement of the year, as Bloomberg notes, the least corrupt countries in Europe are home to its most dangerous bond market, as debt issued in .