Genius from The Big Short Predicts Next Financial Crash Is Coming Eccentric and hard rock–loving hedge fund manager Michael Burry (brilliantly interpreted by Christian Bale in the recent Hollywood movie The Big Short) warns that another major financial crash is looming. This may be a financial crisis warning…
The Federal Reserve’s reckless monetary policies have created a colossal asset bubble, which could trigger a stock market crash and global economic collapse in 2016. At least, that’s the opinion of famed market commentator Marc Faber. In an interview with CNBC on Wednesday, the editor and publisher at…
Less than a decade after the biggest financial crisis since the Great Depression, over-zealous central bankers are risking a second economic collapse. The continuous credit creation and rock-bottom interest rates in the U.S., China, the EU, and Russia are meant to incentivize lending, but really they are engineering…
On Sunday, June 7, 2015, the Government of Iceland agreed to present before Parliament two bills of legislation sponsored by the Minister of Finance and Economic Affairs. Together, the two bills lay the foundation for a comprehensive strategy for capital account liberalization. (Source: Iceland Prime Minister’s Office, June…
Credit card companies are some of the best indicators in the global economy. Visa Inc. (V) just reported a pretty decent quarter. While earnings were down comparatively due to a one-time charge, adjusted earnings handily beat consensus. The company’s fiscal fourth quarter came in solid, with growth of…