Bad Debt – Schirach Report

David Stockman: China’s Real Economic Figures Are Scary The West cannot insulate itself from a global deflation caused by the end of China's boom

WASHINGTON – Serious international economic and business media in the past used to quote official Chinese economic statistics indicating...

Commodities Exporting Countries in Deep Crisis From Brazil to Australia there will be a lot of suffering

JOHANNESBURG (South Africa) – Renowned oil expert Daniel Yergin recently observed that the collapse of crude oil prices is...

Whatever The Referendum Outcome, Greece Has No Recovery Strategy There is no plan that can give people hope about a better future

WASHINGTON – The upcoming Greek referendum is mostly a reflection of political and policy confusion in a sorry country...

How Bad Is The Chinese Economy? Recent central bank moves and stories from China point to a larger crisis

WASHINGTON – China’s economy is sputtering. There are plenty of bad signs, beginning with slower growth, declining trade figures, and rising numbers...