Issuing debt and printing money do not create wealth. All they can create is a temporary illusion of wealth.
I could have written “if all the money vanishes,” but that would be misleading, for all unbacked money will most certainly vanish into thi…
Issuing debt and printing money do not create wealth. All they can create is a temporary illusion of wealth.
I could have written “if all the money vanishes,” but that would be misleading, for all unbacked money will most certainly vanish into thi…
Oil Prices Confirming ECRI Recession Call
by: Lance Roberts November 9, 2011
As goes oil, so goes the economy. Today we posted an update as to why oil price spikes hurt even more when disposable incomes are already under pressure, as it acts as an a…
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During the last food price crisis, the World Bank estimated that some 870 million people in developing countries were hungry or malnourished. The FAO estimates that number has increased to 925 million.
http://www.chinapost.com.tw/international…