Because of the current extraordinary political and economic situation of… Read More »Our December 2020 forecasts for the World Economy
For years, we have been warning about dire consequences if… Read More »The destruction of the world economy by the Central Banks
In December 2018, we first published the scenarios which described… Read More »The scenarios of the collapse: 2020 update
One thing missing from basically all economic analyses of the… Read More »The approaching European (global) banking crisis
The massive economic blow caused by the Covid-19 will, most likely, bring an end to the European common currency, euro.
The economic calm which has succeeded the turbulent conclusion to 2018 was abruptly shattered on the 16th of September. On that day, rates in the repo markets spiked by 248 basis points to more than double the overnight lending rate of the…