Economies

Blue State Economies Will Soon Crumble – But Will They Take Red States With Them?

Authored by Brandon Smith and originally published at Birch Gold Group, Over the past six to eight months, the U.S. has seen perhaps one of the largest migrations of people based on economic and ideological concerns in almost a century. Not since the Great Depression has there been so many Americans relocating in search of a…

World's Top Economies Brace For $13 Trillion Debt Maturity Vortex

To kick off the New Year, the world’s largest economies face a massive global debt overhang due to the coronavirus-downturn; some $13 trillion in debt is coming due and will need to be refinanced in an ultra-low rate environment.  Seven top economies plus several major emerging markets economies “face the heaviest bond maturities in at…

2020 Is Ending With 93% Of Global Economies Contracting … With Markets At All Time Highs

By Tyler Durden As BofA’s European credit strategist, Barnaby Martin, puts it in one of the final issues of his European Credit Strategist report for the year, “2020 is ending with one of the most predictable and potent themes of the last decade: central bank activism.” Case in point: on Thursday the ECB doubled down…

2020 Is Ending With 93% Of Global Economies Contracting… And With Markets At All Time Highs

As BofA’s European credit strategist, Barnaby Martin, puts it in one of the final issues of his European Credit Strategist report for the year, “2020 is ending with one of the most predictable and potent themes of the last decade: central bank activism.” Case in point: on Thursday the ECB doubled down on more of…

Marxism In Africa: Why So Many African Economies Failed After Independence

Authored by Eric Coffie via The Mises Institute, “As far as I am concerned, I am in the knowledge that death can never extinguish the torch which I have lit in Ghana and Africa. Long after I am dead and gone, the light will continue to burn and be borne aloft, giving light and guidance…