Silver as an investment

Category Archives: World Economic Outlook

Nouriel Roubini’s “Good, Bad, & Ugly” Scenarios For The Global Economy

Authored by Nouriel Roubini via Project Syndicate, The International Monetary Fund, which in recent years had characterized global growth as the “new mediocre,” recently upgraded its World Economic Outlook. But is the IMF right to think that the recent growth spurt will continue over the next few years, or is a temporary cyclical upswing about […]

Frontrunning: July 25

Dollar slumps to 13-month lows before Fed; euro up (Reuters) Overwhelming approval likely for Russia bill (Reuters) Trump to study tougher Russia sanctions bill: White House (Reuters) Unrest bubbles among Trump’s key foreign policy aides (Reuters) Abe Overtaken by Rival as Top Choice for Japan Premier in Poll (BBG) More U.S. Cars Are Made in […]

“Precarious” Debt Crisis “Could Reverberate Around The World”

Authored by Dambisa Moyo, published op-ed by The FT, Virtually every class of US debt — sovereign, corporate, unsecured household/personal, auto loans and student debt — is at record highs. Americans now owe $1tn in credit card debt, and a roughly equivalent amount of student loans and auto­loans which, like the subprime mortgage quality that […]

Citi: “A Clinton Presidency Will Be Marked By Near-Continuous Investigations, Impeachment Risk”

Citi’s chief political analyst, Tina Fordham has had a busy month. At the start of October – when Trump’s victory odds were in the gutter and a Clinton presidency had been priced in – in a hotly debated statement, she suggested that the establishment may be approaching the US presidential completely incorrectly: “this is an […]

Venezuela’s Inflation: The Wall Street Journal’s Reportage is Off, Way Off

Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke.   Recent reportage in the Wall Street Journal by Matt Wirz, Carolyn Cui, and Anatoly Kurmanaev states that Venezuela’s annual inflation rate is 500 percent. The authors fail to indicate the source for that 500 percent figure. Knowing that the […]

Nigeria Spins Out of Control, and the IMF Remains Unaware

Nigeria’s President, Muhammadu Buhari, and his government have lost control as Nigeria’s economic crisis sends that African nation into a doom-loop. Everyone, including the President’s wife, Aisha, knows that Nigeria is going down the tubes. But not the International Monetary Fund (IMF). As is often the case, the IMF doesn’t have a clue. The IMF’s […]

Can The Price Of Oil Hold Above $50 Per Barrel?

Submitted by Gail Tverberg via Our Finite World blog, Why energy prices are ultimately headed lower; what the IMF missed We have been hearing a great deal about IMF concerns recently, after the release of its October 2016 World Economic Outlook and its Annual Meeting October 7-9. The concerns mentioned include the following: Too much growth in […]

Globalization Is Done

Submitted by Raul Ilargi Meijer via The Automatic Earth blog, I read a lot, been doing it for years, about finance and affiliated topics (a wide horizon of them), which means I’ve inevitably seen a wholesale lot of nonsense fly by. But for some reason, and I think I know why, Q3 2016 has been […]

IMF Chief Christine Lagarde Should Resign Immediately

Having noted previously IMF Managing Director Christine Lagarde's comments that for the IMF to "thrive", the world has to "goes downhill," today's warning this morning that the global economy "may not have the tools to handle another shock," seems to come at an inopportune time. Indeed, as Heat Street notes,it seems nothing can stop this […]

Lagarde Flip-Flops Again On Brexit, Warns Of “Disastrous” Trump-Style Protectionism

Submitted by Michael Shedlock via MishTalk.com, Ahead of the vote on Brexit, IMF head Christine Lagarde warned of a prolonged period of uncertainty. After the vote, Largarde said Brexit provided the EU a better opportunity for reform. Today Largarde is certain of disastrous consequences if another large county turns protectionist. In doing so, she pointed […]