Black Swans on Black Friday
On this ’Black Friday’, it’s good to remember that we… Read More »Black Swans on Black Friday
On this ’Black Friday’, it’s good to remember that we… Read More »Black Swans on Black Friday
We have been watching, with disbelief and bemusement, how the… Read More »There is no recovery
The Federal Reserve system made a future financial panic or… Read More »The Fed and the looming capital market meltdown
The coronavirus has delivered a devastating blow to a fragile… Read More »Special report on surviving the economic collapse
The global collapse would bring in its wake massive unemployment, poverty and the re-structuring of our whole social and economic order.
The 2019-nCov pandemic has ravaged the world economy since February. On the 9th of March, we published forecasts assessing the likely impact of the outbreak going forward under various scenarios. We will publish updated forecasts in a series of Deprcon Special Issues. This is the first of those updates.
The massive emergency easing measures enacted by the Fed over the weekend to inject liquidity into the global financial system are a sign of sheer panic. Both their sheer scale, and radical extent–including cutting rates to zero, $700 billion in new…
As shown by the ghastly February PMI prints from China, the coronavirus is about to hit the global economy like a sledgehammer. It has already caused serious disruption in production, air travel and commerce worldwide. And more is on the way.
Howe…
In this constantly updating blog -post, we follow the path of the crisis put in motion by the coronavirus.