Bill Blain: "More And More Folk Are Pinching Themselves To Check If This Is Real"
Submitted by Bill Blain of Mint Partners
“Always the hurricane’s blowing, always the population growing, and the money owing..”
Who will be the next Fed Head?
You are here
Business
Macquarie Identifies The Winners And Losers Of MiFID II
Macquarie's equity research team has just offered up a valuable economics lesson which seems to perfectly, if inconveniently, explain why their business model is doomed by the upcoming implementation of MiFID II.
So what happens when you compete in a 'slightly' fragmented market (see below) to sell a highly commoditized product to a customer that places so little value on the product that it has historically only existed courtesy of subsidies from trading revenues...then a regulatory body suddenly comes along and says you have survive as an independent operation?
A Failing Empire, Part 2: De-Dollarisation - China and Russia's Plan From Petroyuan To Gold
Authored by Federico Pieraccini via The Strategic Culture Foundation,
As seen in my previous article, US military power is on the decline, and the effects are palpable. In a world full of conflicts brought on by Washington, the economic and financial shifts that are occurring are for many countries a long-awaited and welcome development.
If we were to identify what uniquely fuels American imperialism and its aspirations for global hegemony, the role of the US dollar would figure prominently.
Stanford Says Soaring Public Pension Costs Devastating Budgets For Education And Social Services
A new study from Joe Nation of Stanford's Institute for Economic Policy Research entitled "Pension Math: Public Pension Spending and Service Crowd Out in California, 2003-2030," says that the devastating consequences of the ill-advised, Cadillac pensions doled out to America's public employees over the past several decades are only getting started.
Maduro Visits Putin, Proposes Global Oil Trade In Rubles, Yuan
Three weeks after the US imposed financial sanctions on Venezuela in an effort to cripple its economy and choke the Maduro regime, which in turn prompted Caracas to announce it would no longer receive or send payments in dollars, and that those who wished to trade Venezuelan crude would have to do so in Chinese Yuan, today during an energy summit held in Moscow, Venezuela's president Nicolas Maduro proposed to expand his own personal blockade of the US, by proposing that all oil producing countries discuss creating a currency basket for trading crude and refined products.