Paul Brodsky

Another Perspective

Another Perspective

Why and how the global monetary system is failing, why it is too late to stop, what will come next, and why the crisis is only financial – not commercial.

 Jeff Harding

OECD Leading Indicators – Reliable?

OECD Leading Indicators – Reliable?

OECD Leading Indicators – Reliable?

 Peter Schiff

The Golden Rule Reinterpreted

The Golden Rule Reinterpreted

When currencies fail to adjust something else has to give.

 Michael Hudson

Debt: The Politics and Economics of Restructuring

Debt: The Politics and Economics of Restructuring

Michael Hudson’s presentation for the session “The Challenge of Deleveraging and Overhangs of Debt II: The Politics and Economics of Restructuring” at the Institute for New Economic Thinking’s (INET) Paradigm Lost Conference in Berlin.

 Michael Hudson

Debts that can’t be paid, won’t be

Debts that can’t be paid, won’t be

A common denominator runs throughout recorded history: a rising proportion of debts cannot be paid.

 Deutsche Bank Research

BRICS group: More than the sum of its parts?

BRICS group: More than the sum of its parts?

The share of the BRICS in global GDP (at PPP) will rise from around 25% currently to about 30% in 2016.

 Yanis Varoufakis

Ending 2011 with a fable for our times

Ending 2011 with a fable for our times

Just like its mythological predecessor, our Global Minotaur kept the world economy going for decades…

 John Browne

2012 Offers Few Reasons for Optimism

2012 Offers Few Reasons for Optimism

If one assumes as I do that no leader on either side of the Atlantic has the courage to face the music, then there can be little reason for optimism in 2012.

 Yanis Varoufakis

[VIDEO] The Crash of 2008 and the Euro-Zone Crisis in Historical Perspective

[VIDEO] The Crash of 2008 and the Euro-Zone Crisis in Historical Perspective

Presentation of Yanis Varoufakis’ book «The Global Minotaur: America, the true causes of the world economy and the future of the world economy.»

 Paul Brodsky

Plastics

Plastics

Fundamentals and incentives point the way to an optimistic outcome for the majority.

 John Browne

The Beginning of the End of Fiat Money

The Beginning of the End of Fiat Money

The argument for the dollar and against gold is simplistic, and I will evaluate it against the four-stage collapse I see ahead for the Western currencies.

 Deutsche Bank Research

Brazil’s Public Sector Finances

Brazil’s Public Sector Finances

Brazil’s net public sector and, to a lesser extent, gross GG debt has declined in recent years. The risk profile of the debt has also improved markedly in terms of susceptibility to financial markets shocks. However, by the standards of the more advanced emerging markets, gross government financing requirements remain significant and the maturity of the domestic debt stock is of relatively short duration. Thus Brazil needs to accelerate the reduction in the public debt ratio, including the stock of domestic debt, in order to reduce interest rates. This will ultimately require both shorter-term fiscal adjustment and longer-term structural reforms.