Global Economic Outlook: Financial Meltdown Fest
Markets started the year with a bang to the downside. Equities, Oil and Bitcoin have all surprised in the opening weeks and the big dipper ride looks to intensify with even the mainstream media predicting gloom. We survey the global economic landscape and suggest practical advice for financial survival. It used to be the domain of ZeroHedge’s band of Tyler Durdens and other uber-bear bloggers, but now even the mainstream media is peddling doomsday porn. Our primary message is to remain calm and unphased by the hype. Let’s examine the issues and determine exactly what we can – and should –....
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The head of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the global economic outlook “has darkened significantly,” emphasizing that, regarding a global recession, “we cannot rule it out.”
IMF Says Global Economic Outlook ‘Has Darkened Significantly’
Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), discussed the global economic outlook and the prospect of a global recession in an interview with Reuters Wednesday.
Commenting on the global economy, the IMF....
Market expectations of a December Fed rates hike are running high (at the time of writing the US Dollar Index had just breached 100 points). The question about why there is a need for higher interest rates is missing from the market and media discourse, so today's Global Economic Outlook considers the reasons for this central bank action. This post is powered by the Bitcoin Trading Network xbt.social - CCN29 and get 29USD off! Economic Indicators. World Indexes and Forex Rates. Commodities. In the Calendar This Week. Mon 23 November. US Fed Announcement. Tue 24 November. US Prelim GDP q/q....
Market turmoil has intensified in February, and many analysts are predicting that the Fed may make a U-turn on their rates hike decision. In the flight to safety, Gold has extended its rally while Bitcoin looks to be going to ground. This week’s edition of Global Economic Outlook looks at the gold, bitcoin and US dollar charts. Gold has been in a long-term bear market since 2011 when it struck a top just below $2,000/oz. An advance from its December 2015 low, was cynically regarded as just another upward correction prior to additional decline, but surprisingly gold just kept going. Bitcoin....
A Blockchain-based land registry may help create new toxic assets and lead to a new financial meltdown. Across the Third World, from Honduras to the Republic of Georgia, efforts are underway to establish land titles via the Blockchain. Proponents of this system advocate it as a mechanism to enable marginalized residents of the world's slums to take out loans using this newly recognized property as collateral. The commodification of people's homes for use as financial instruments was at the heart of the financial crisis of 2008. The correlation between those toxic assets and the....
PRESS RELEASE. BTC Miami has released a concert line-up packed full of world-class musical talent for its Sound Money Fest experience. Talented acts in the likes of the all-encompassing musician, producer and world-famous club DJ Steve Aoki and American-born hip-hop artist Logic, will entertain concert-goers with live music on the final day of BTC 2022 at the Miami Beach Convention Center. Also on the bill is globally-revered progressive House and Dance music DJ DeadMau5. The Canadian-born DJ has been a long-time Bitcoin advocate. The famous musician, known to his closest fans by his real....