even though Spain’s economy grew last year, it has the second largest deficit to GDP ratio in the EU. And in 2015, Spain failed to fulfil its deficit goals.
Stay informed about the latest developments in the ongoing crisis in the Eurozone and the European economy.
Trouble usually equals opportunity for the investor. Whether it means picking up shares on the cheap or real estate in the doghouse — perhaps even the euro when it’s ‘on sale’ — don’t discount Europe’s economy from your investing radar.
The issuance of 50-year negative yielding bonds indicates to me that we are reaching the extremities of this economic distortion and disfigurement.
There are no good outcomes with negative interest rates. The lower rates go, the greater the risk of unintended and potentially disastrous consequences coming into play.
Everything that’s wrong with the Italian economy, from high public debt to bad banks, can be explained by studying its demography.
The instability in the system is building, and we haven’t even mentioned Japan’s inevitable economic train wreck, or US corporate debt defaults, or emerging market debt levels.
New earthquakes are coming soon as part of the Brexit aftershocks. By now, you’re familiar with the basic outline of the Brexit story.
Italy’s stock market has been a rollercoaster ride this year. Italian banks have lost more than 50% of their market capitalisation.
When Deutsche Bank goes under, which is likely to happen once the European contagion takes off, I expect massive bloodshed across financial markets.
Like water sifting through a hole in a dam, debt levels to GDP around the world have been increasing exponentially.
So whoever wins the election on Saturday inherits an economic time bomb. That they don’t know it doesn’t make it less so.
The British selling their properties could increase the stock of properties available for sale, creating a further fall in Spanish property prices.
Last week, Jim Rickards and I explained to subscribers of Strategic Intelligence and Currency Wars Trader that the Brexit poll predictions were wrong.
When markets ultimately collapse from the insiders’ manipulation, central bankers are going to go from being ‘deified’ to ‘vilified’. And rightly so.
One of the most important issues the Brexit vote has shown is how divided UK society is on the EU experiment. And that divide extends between generations and regions.
I’m probably the most bearish resources analyst in the world. But this doesn’t mean we can’t make money buying resource stocks — far from it.