In this interview I comment on the risks of expecting the large stimulus packages of governments and central banks to boost growth in a supply shock added to a forced shutdown.
In this interview I explain why the fundamentals for gold are stronger each day, and why silver and palladium should not be ignored in the current crisis.Continue reading Is Now The Time To Buy Gold?
Upside-down economics’ defenders say that deficits create savings. The process never starts with deficit spending, but with the assets and wealth of the economy, which can be leveraged only to a certain extent and never decided by the borrower but the lenders. Borrowing is never the first step neither endless.Continue reading Debt Is Not A Reserve Asset (Video)
In this interview, we discuss the economic developments of 2019 and the outlook for 2020.Continue reading Outlook for 2020: Growth or Recession?