By FS Staff. Will the US dollar be replaced by Chinese yuan, SDRs, or gold as the main global reserve currency anytime soon? According to Richard Duncan, well-known author, market strategist, and.
They’re worried that China’s slowing economy is sucking the world into a global recession, something economist Richard Duncan says is already happening. It’s bad enough that Chinese demand for global.
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Mortgage rates have fallen to their lowest levels since the autumn of 2016 in step with lower U.S. bond yields because of anxiety about a softening global economy and trade tensions between China and.
The New Depression: The Breakdown of the Paper Money Economy [Richard Duncan] on Amazon.com. *FREE* shipping on qualifying offers. Why the global recession is in danger of becoming another Great Depression, and how we can stop it When the United States stopped backing dollars with gold in 1968
Duncan Mavin, Financial Post · Mar. 4, 2009 | Last Updated: Mar. 5, 2009 1:01 PM ET HONG KONG – Asia’s dealmakers say a Chinese resource spending spree will accelerate throughout the next 12 months,
China’s decision to bring its accounting standards largely into line with global norms is further evidence of the government’s determination to internationalise its economy and business practices.
That extraordinary surge in global debt was only possible because the collapse in interest rates after 1980 made borrowing more affordable. Richard Duncan’s chart showing declining interest rates of the global economy. Current debt levels won’t be possible to sustain, however, if interest rates ever begin to rise.
In The New Depression: The Breakdown of the Paper Money Economy, Richard Duncan introduces an analytical framework, The Quantity Theory of Credit, that explains all aspects of the calamity now unfolding: its causes, the rationale for the government’s policy response to the crisis, what is likely to happen next, and how those developments will.
Richard Duncan, writer and publisher at Macro Watch, warned on FS Insider that a full-blown trade war between the U.S. and China would lead to a spike in inflation, interest rates, and, if pushed.
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Bruce Norris is joined again this week by Richard Duncan. Richard is the author of three books on the global economic crisis, including the international.
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