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Economic Bubble

Economic Bubble

Things Are Going To Change. Here’s What We Should Do

NurPhoto via Getty Images In the aftermath of the coronavirus, we face the strong possibility of a deflationary depression. We cannot allow that to happen. This is going to mean significant amounts of government debt, and much of it will have to be monetized by the Federal Reserve. I fully get…
bubmag
March 25, 2020
Economic Bubble

Okowa’s vision for Warri

Delta State Governor, Ifeanyi OkowaBy NORBERT CHIAZOR No city can be as iconic as Warri, the famous oil city of Delta State. Located in the Niger Delta, it is the fourth largest wetland in the world. Warri has stood for ages as a melting pot of economic bubble and social…
bubmag
March 15, 2020
Economic Bubble

Dow futures are up 900 points

Australia's S&P/ASX 200 recorded some of the most dramatic moves of the day. After plunging more than 7% at one point , the index rallied late Friday to close 4.4% higher after the Reserve Bank of Australia said it would funnel 8.8 billion Australian… Read More
bubmag
March 13, 2020
Economic Bubble

Asian stocks dumped as global market sell-off deepens

TOKYO/HONG KONG -- Asian markets slipped further on Friday, bringing more losses for investors across most of the region as governments and central banks scrambled to respond in the wake of Wall Street's biggest plunge in more than 30 years.Japan's benchmark Nikkei Stock Average plummeted 10% at one point, recording the biggest…
bubmag
March 13, 2020
Economic Bubble

China Faces Interest Rate Dilemma With No Winning Options

Authored by Mike Shedlock via MishTalk, Michael Pettis at China Financial Markets has an interesting chain of Tweets on China's unsolvable interest rate mess. Preemptive Steps Needed to Contain CPI China Daily reports Preemptive Steps Needed to Contain CPI China's consumer price index (CPI), the main gauge of inflation, grew 5.2…
bubmag
March 13, 2020
Economic Bubble

Simpson Marine: Fighting On In The Face Of Adversity

In a Column for Yacht Style’s new Issue 52, Simpson Marine founder Mike Simpson reiterates that Asia has overcome setbacks in the past. When I was offered the opportunity to write this guest column for Yacht Style, I was initially going to share several exciting developments that signalled a great…
bubmag
March 12, 2020
Economic Bubble

A Very Deflationary Outcome Has Begun: Blame The Fed

Authored by Mike Shedlock via MishTalk, The Fed blew three economic bubbles in succession. A deflationary bust has started. Flashback January 6, 2020 Ben Bernanke Just Won't Stop Making a Fool Out of Himself Former Chairman Bernanke says Fed Has Many Tools to Deter Recession. Dear Mr. Bernanke Please do…
bubmag
March 9, 2020