Restaurant owners are “hanging on by a thread and they’re exhausting their personal savings in the hope of one day getting their business up and running again."
Geologists believe asteroids are packed with iron ore, nickel and precious metals at much higher concentrations than those found on Earth, making up a market valued in the trillions...
"...the gap is now the widest since May 2015 and exposes an important economic component of racial inequality at a pivotal moment in U.S. race relations."
"More credit and more monetary stimulus in the form of QE, both imply more liquidity, i.e. extra money supply and cash balances, which in turn would result in more asset reflation."
With interest rates moving ever lower over the last decade, yield hungry investors have had to venture into areas previously considered exotic. Emerging market government debt is one such asset class that has attracted record asset flows.
The people who run this country have run out of workable myths with which to distract the public, and in a moment of extreme crisis have chosen to stoke civil war and defame the rest of us – black and white.
"Fortunately we have printing presses and that helps to keep it all going but only just. Our big fear is that the market will realise that all the money we are printing is worthless..."
In this special, Fourth of July edition of the Daily Briefing, senior editor Ash Bennington and managing editor Ed Harrison sit down to answer questions from…
