Money Supply Growth Drops To Lowest Since Lehman

Growth in the supply of US dollars fell again in May, this time to a 105-month low of 5.4 percent. The last time the money supply grew at a smaller rate was during September 2008 — at a rate of 5.2 percent.

Is Bitcoin Money?

Understanding money is the key to understanding the value of decentralized electronic currency...

A New Chinese Threat Emerges: Net Bond Issuance Crashes Most On Record

China just suffered a record collapse in net corporate bond financing, the latest and far more "tangible" threat to China's debt-fuelled economy. In May a quarter trillion yuan in corporate bonds matured, or were repaid, or defaulted, resulting in the biggest corporate debt drain in history.

The Math Of Bitcoin And Why One Analyst Says It's Not Yet In A Bubble

"I have read many articles lately claiming that Bitcoin is in a bubble similar to the famous Great Tulip bubble of 1637... but that comparison is only for those who do not understand the significance of what is happening currently with blockchain technology... The bubble is the dollar... And thus there is no store of value to be found. This is a terribly ugly situation for people who believe in hard work and saving to get ahead"

"How Does This Ever End?" An Interview With Lacy Hunt

"...our results will mirror Japan over time... They've tried to solve an indebtedness problem by taking on more debt... the secular low in long treasury bonds is not at hand.. [rates] are not going to be able to stay up. The economy is too fundamentally weak..."

Exposing The Soft Underbelly Of Scandinavian "High-Tax Happy-Capitalism"

Take away these unsustainable bubbles, and how "happy" will these economies (or their suddenly impoverished residents) be? Central planning based on central-bank inflated debt-asset bubbles works until it doesn't. The day of reckoning draws ever nearer in every economy that's created the illusion of solvency with debt/asset bubbles and export-dependent economies.

The Great Shadow Unwind: Chinese Entrusted Loans Post First Decline In 10 Years

What was the most notable revelation in the overnight Chinese loan data was the "entrusted loans" category, (the broadest proxy for ‘shadow financing’) which confirmed China's recent crackdown on shadow banking, and posted the first contraction in a decade, going all the way back to 2007.