Prime minister insists oil-exporting economy is not in crisis
China’s economic growth slowed to its weakest in 24 years, expanding 7.4% last year from 7.7% in 2013.
China’s massive property sector may be its biggest risk to growth
Shoplifting, cyber-crime and fraud cost the retail industry £603m in the 2013-14 financial year, the British Retail Industry says.
The administrators called in to run failed spread betting firm Alpari UK say they have received several inquiries from potential buyers.
China’s economic growth slows to its weakest in 24 years, expanding 7.4% in 2014 compared to 7.7% in 2013.
Cheap oil not enough to dispel gloom over economic prospects
The International Monetary Fund lowers its forecast for global economic growth for this year and next.
Submitted by Adam Taggart via Peak Prosperity,
Sometimes it pays to step way back and look at things from a high level.
In response to the 2008 crisis, the world’s major central banks pumped an unprecedented amount of monetary stimulus into the system — all in the name of kick-starting enough economic growth to pull the planet out of its fundamental sinkhole of Too Much Debt.
More than six years and over $4 trillion later, what exactly can we say it did for us?
Not enough, as the following short video summarizes.
Many of you are already well-familiar with this theme. Hopefully this video provides a welcome reminder that you’re not crazy, despite the persisting artificial heights of today’s asset prices. And perhaps more important, it’s intended to be an easily-sharable resource for waking up new ears to our message of prudent caution.