Posts Tagged

Trade

The stock market has been soaring, but all of the hard economic numbers are telling us that a major global recession is here. This is so reminiscent of what happened back in 2008. Back then, all of the fundamentals were screaming “recession” by the middle of that year, but the …

Last year, Russia began unloading massive amounts of their US dollar reserves. In the month of December 2014 alone, Putin sold some 20% of the country’s U.S. Treasuries, a move that further increased tensions surrounding what can only be described as economic warfare between East and West. Then, as if part of a …