A snapshot of the state of the World (in charts)
It’s easy to get distracted by immediate developments and daily news flow. But it pays to keep an eye on …
Economic Crisis
Economic Crisis
A decade on: Europe’s huge bad debt problem
The global financial crisis (GFC) got rolling in 2007, and the financial sky had caved in by late 2008. You’d …
Economic Crisis
Is deflation a bigger risk than inflation?
Consumer price inflation (CPI) has scraped itself off the floor in the past couple of years. In the face of …
Economic Crisis
Will rising rates pop the world’s housing bubbles?
Almost 10 years ago, in May 2008, I sold my apartment in London before emigrating to Argentina. That was at …
Economic Crisis
The country that’s banned its own money
You’d think that any coins and notes that qualify as “legal tender” would be widely accepted in the country where …
Economic Crisis
Why US banks are no longer a big risk
It’s roughly ten years since the Global Financial Crisis started to gather steam. By the summer of 2007 it was …
Economic Crisis
US stocks back in 1929-style bubble
There have been three major bubbles in US stock market history. The biggest ran between 1997 and 2001, caused by …
Economic Crisis
The debt zombies will overwhelm us (again)
“To kill zombies you need to destroy their brains.” Such was the wisdom yielded by an internet search to solve …
Economic Crisis
Crisis bargains in today’s investment markets
This week OfWealth is looking at the idea of taking some of your investments on a “crisis vacation” from time …
Economic Crisis
US & UK: Opposite data, same conclusion!
When an economy gets into trouble, do people save more or save less? Recent and opposite data in the US …
Economic Crisis
Warning:These housing bubbles are bigger than 2006
Real estate matters. For most people, their house is their biggest asset. Banks usually lend more money against property than …
Economic Crisis
Is the collapse of US growth inevitable?
Over the past 150 years or so, today’s developed countries achieved their lofty status. Incomes and standards of living rocketed …
Economic Crisis
War on cash: The Curse of Kenneth Rogoff – Part II
There’s a major problem with banning popular things. It turns ordinary people into criminals. It happened with the prohibition of …
Economic Crisis
War on cash: The Curse of Kenneth Rogoff – Part I
Kenneth Rogoff, an establishment economics professor at Harvard University, is promoting his new book “The Curse of Cash”. In his …
Economic Crisis
Money and the “missing link” – Part II
Money is the oil in the economic machine. Without it all the gears would get jammed up. Most of the …
Economic Crisis
Money and the “missing link” – Part I
What is “money”? Do you know where it comes from? Not even one in a thousand finance professionals could answer …