Posts by Jeff Berwick

Bill Gross just made headlines by explaining that Japan was bankrupt and its central bank would have to acquire the nation’s debt and then “forego repayment.” What billionaire Gross is talking about here is a debt jubilee. And we’re not surprised. We’ve predicted this after all.  I’ve often said that Japan will be the first…

Last year, we were the first financial site to explain how the Shemitah seven-year cycle would have an important and disastrous effect on the markets. The Shemitah ended in the third quarter of last year and just as we predicted, it was the worst quarter in worldwide stock markets since the last Shemitah in 2008. Since then…

One of the inspirations for our name, The Dollar Vigilante, was what used to be called the Bond Vigilantes. Last seen in full force in the inflationary early 1980s, bond vigilantes were anti-establishment figures who were said to have rebelled. They had decided to keep central banks and governments honest by raising long term interest rates…

In this Jubilee Year 2016, Pope Francis affirmed communism as the best structure for humankind and the European Union. He did so upon receiving the Charlemagne Prize last week and made a speech that included the following comment: “We need to move from a liquid economy prepared to use corruption as a means of obtaining…

Yesterday we wrote about our doubts on Craig Wright and who he is.  Less than 24 hours later he has disappeared. You can say one thing about bitcoin: it’s never boring!  Tracking developments surrounding it is more entertaining than a spy novel. But, whatever Craig Wright may have had in mind doing with Gavin Andresen…