Three Looming Black Swans That Could Trigger the Next Global Recession
In case you’re not familiar with the term, in finance a black swan is defined as events or occurrences that are both abnormal and difficult to predict. However, according to financial expert John Mauldin, he can foresee three black swans on the horizon that have the potential to trigger a global recession by the end of 2018. Read More.
Venezuelan Debt Default Fears Becoming a Reality
Players in the financial world globally have been concerned about the instability the Venezuelan debt situation for some time now, and rightly so. It now seems however, according to The Wall Street Journal’s Julie Wernau, that the outcome of the recent, and highly controversial elections in the country may prove to be the tipping point. Read More.
US Government and Personal Debt Now at Historic Highs. But Why Should You Care?
The US, and its citizens, are currently living in the largest debt bubble in the history of the world, with the personal debt of each US household averaging out at an astonishing $329,961.34. Yet according to financial blogger and author Michael Snyder the average American has little idea what’s going on, and much of the rest of the world is unaware that this growing debt will have an impact on them too. Read More
Greenspan Warns of Coming Bond Bubble
Alan Greenspan may be 91 and it may have been a decade since he retired from his position as Chairman of the Federal Reserve of the United States, but that does not mean he has taken his eyes off the market. And his latest warnings about the future of bond prices are rather dire indeed. Read More