George Friedman: Germany the Greatest Economic Risk in Europe
“It’s hard to understand how exactly a booming economy can have such a banking system and it reminds me of Japan in 1988 and 1989”
Map: The Five Largest Cities in Europe Every Year Since 1200 AD
In the year 1200 AD, the largest cities were: Constantinople, Paris, Sevile, Palermo, and Venice
Map: The Deadliest War in Each European Country
98 million people killed in Europe’s deadliest wars
Julian Brigden: Housing Affordability Has ‘Imploded’
“You could catch inflation early, which is what happened in the 1960s, and it becomes embedded in the system relatively quickly.”
Rick Santelli: Instead of Cutting Rates, Cut Interest on Excess Reserves
Overnight interest rates are seeing organic upward pressure for essentially the first time since the Financial Crisis
El-Erian: Europe Approaching ‘Stall Speed’
“Investors should understand that that is what they are betting on: the continuation of favorable global liquidity conditions. It’s not about fundamentals anymore”
Major Central Banks’ Assets Almost 40% of Combined GDP. What Will It Be After the Next Recession?
Central banks’ obsession with delaying the next recession at any cost, as opposed to preparing for it, is deeply unhealthy
The Very Real Limits of More Quantitative Easing
Once all the investors that can be displaced from a market have been, further monetization of that market stops being stimulative
The 100 Tallest Buildings in New York City
New York City has over 6,000 high-rise buildings, 274 of which are skyscrapers standing over 492 ft (150 m) tall
Dr. Lacy Hunt: Chinese Debt Growth at the Point of Diminishing Returns
“We think this synchronized global downturn is going to be very very difficult to shake”