If — or is it already when — the current crisis ends with the United States of America fiscally and monetarily bankrupt, the idea of a full-blown depression becomes all too real.
Boomer-Dämmerung: 401(K) and Bust
The U.S. strategy of relying on rising stock markets to fund employee retirement has gone bust. Millennials will rejoice at the Twilight of the Boomers, a generation they dislike.
Does US Stare Into Fiscal Abyss? 8 Pointers
Eight key points explaining why the U.S. fiscal stimulus package could drive the country into bankruptcy.
Coronavirus and the World Economy: What to Expect?
An unprecedented economic policy response to an extreme medical emergency.
Coronavirus: Scenarios for Europe
What is the economic fallout going to be for sure? And what will it be if it’s a bad case?
Time to Write Deutsche Bank’s Obituary?
Deutsche Bank, once the powerhouse of the German economy, is being battered ever harder by the fallout from ferocious crises, with no safe harbor in sight.
The West and Japan’s Response to Cheap Money
In every culture, low interest rates impact the fabric of society and mindsets in distinct ways. Each country thus develops its unique manifestation of nihilism.
Why Negative Interest Rates Are So Pernicious
Interest rates are the mechanism by which risk links the world of economics and society.
Stop Blaming Globalization: Most Problems Are Homemade
Amidst many worries about globalization, suggestions for a constructive path forward.
A US Stock Market Boom is Not the Basis of Shared Prosperity
The U.S. addiction to stock price inflation is rooted in an illusion. It is promoted by Donald Trump, Wall Street, the Fed and mainstream economists.