What Future for the #GlobalEconomy? Analysis and Commentary

By Global Research News

Url of this article:

http://www.globalresearch.ca/selected-articles-what-future-for-the-global-economy-in-2016-analysis-and-commentary/5501939

 

SELECTED ARTICLES:

“Nothing Is Moving,” Baltic Dry Index Crashes as Insiders Warn International “Commerce Has Come To a Halt”

By Tyler Durden, January 16 2016

The continued collapse of The Baltic Dry Index remains ignored by most – besides we still have Netflix, right? But, as Dollar Vigilante’s Jeff Berwick details, it appears the worldwide ‘real’ economy has ground to

Collapsing #GlobalEconomy, Imploding #FinancialSystem

China Has Only One Option

By Bill Holter

The title is of course a little misleading because China has many options, none of which except one in my opinion will actually work.  Options to what exactly you ask?  Options to a collapsing global economy and an imploding financial system which will surely affect China as much as anywhere else, but with one caveat.  I take these events as a given, others do not but betting against an outright panic and global bankruptcy is betting against pure mathematics itself.

Let’s back up a little bit and look at where China is currently.  They are the second largest economy in the world (maybe the largest, we can’t really know because the numbers here, there, and everywhere are made up).  China is by far THE largest manufacturer in the world and also an enormous exporter.  China is also in a three horse race as to who owns the most U.S. Treasuries with Japan and unbelievably the Federal Reserve itself.  They have an oversized shadow banking system which has already been shown as fraudulent in several cases regarding copper, zinc and lead as “collateral” (or not).

The Chinese also have a stock market bubble boiling that makes the tulip craze look tame.  Because of sheer size of the country, they are opening something like four million brokerage accounts per month.  In recent days they have had several stocks hit new highs only to drop 50-60% or more in just one day.  In fact, they had one company stock hit a new high and then go to ZERO the following day because it was discovered their books were cooked to a crisp.

We also know China is a huge importer of gold AND the largest producer of gold in the world.  NONE of

#Credit #Markets have #Melted #Overnight

Derivatives are a $1 Quadrillion “Ticking Time Bomb”

By Bill Holter

That didn’t take long did it?  I of course am speaking of the second overnight and global meltdown of the credit markets …in the last four business days!  Before getting into this topic which I believe will soon be seen in retrospect and by historians far into the future as “THE” trigger event.  

Just as we saw last Wed. night/Thurs. wee hours, credit markets again melted down overnight.  The following charts clearly illustrate this.

Bonds…

 Charts: Bloomberg

  …But wait, just as last Thursday, credit again reversed so, …no harm no foul?

#Neoconservative #Ideology “Supports #US #Financial and #Military - #Political #Imperialism ”

The Saker interviews Paul Craig Roberts

By Dr. Paul Craig Roberts and The Saker

I had been wanting to interview Paul Craig Roberts for a long time already. For many years I have been following his writings and interviews and every time I read what he had to say I was hoping that one day I would have the privilege do interview him about the nature of the US deep state and the Empire. Recently, I emailed him and asked for such an interview, and he very kindly agreed. I am very grateful to him for this opportunity.

The Saker

The Saker:  It has become rather obvious to many, if not most, people that the USA is not a democracy or a republic, but rather a plutocracy run by a small elite which some call “the 1%”.  Others speak of the “deep state”.  So my first question to you is the following.  Could you please take the time to assess the influence and power of each of the following entities one by one.  In particular, can you specify for each of the