You are here

Business

The Carnage Returns: Stocks Tumble After Sharp Chinese Devaluation; Brent At 2004 Lows; Gold Surges

On the first trading day of the year, stocks crashed after China shocked the world with a circuit-breaking market slide that was not contained by the government. On the second trading day, after the Chinese government intervened drastically, global equities stabilized if just barely.

What Is Money Printing?

by Keith Weiner

 

There is a populist idea of money printing. The idea is that banks can just print what they want, enriching themselves in a massive fraud. But, does it really work this way?

Let’s start with a simple case, which is clearly not money printing. We will build a series of examples by adding one element at a time, working our way up to banks, and the central bank. Then we can examine this idea of printing.

New Study Says Fracking Wastewater Causes Cancer

A new scientific study published in Toxicology and Applied Pharmacology has proved that fracking wastewater causes cancer in humans.  The paper titled, Malignant human cell transformation of Marcellus Shale gas drilling flow back water, confirms the suspicions already held by many people – that fracking pollution is carcinogenic. Scott.net reports: The new collaborative study was conducted by scientists at esteemed institutions in both the U.S.

Visualizing How The Global Economy Played Out In 2015

Many people start a new year with renewed optimism. However, "New Year, Same Problems" is the meme of 2016... and recent trading has dashed some of that optimistic 'This time it's different' hope.

 

 

Courtesy of: Visual Capitalist

 

NEW YEAR, SAME PROBLEMS

Most investors and central bankers find themselves between a rock and a hard place to start 2016.

The Federal Reserve finally raised rates in December, but mainly in the interest of preserving credibility.

Pages