As governments around the globe try and spend their way out of The Great Recession, inquiring minds are wondering: what if it doesn’t work? What is the worst case scenario? French Bank Société Générale tells it’s clients what that worst case scenario would look like, and how to prepare for a potential global collapse. Ambrose [...]

The global central banks have flooded the world economy with hot money for years. Why has this created massive asset bubbles rather than inflation? In the 1970s, expanding credit triggered a decade-long bout of high inflation as cheap money chased scarce goods. Why hasn’t the massive expansion of credit/hot money of the past decade caused [...]

Pricing U.S. homes in gold reveals that housing has fallen by two-thirds from its 2005 peak. Frequent contributor Harun I. suggested an interesting relative-value experiment: how has housing performed in the past 20 years when priced in gold? Oftwominds.com readers know that relative performance/purchasing power has long been a theme of Harun’s and of this [...]