Economist Gary Shilling discusses OPEC, the price of oil and why deleveraging across today’s excessively financialized global economy is only just started. Getting the credit genie back in the bottle is a painful process. Here is a direct video link.
If Tom Keene would just let his learned guest get a word in edgewise…
Danielle was a guest today on Talk Digital Network with Jim Goddard, talking about recent developments in the world economy and markets. You can listen to an audio clip of the segment here.
As goes energy and commodity prices, so goes the Aussie and Canadian dollar. Both countries experienced an epic consumer debt and housing boom as prices rose. As a result, both are now particularly ill-prepared for the mean reversion part of the cycle.
Bravery, persistence and hope in the never ending fight for enlightenment.
Nobel Peace Prize winner Malala Yousafzai from Pakistan gives her acceptance speech during the Nobel Peace Prize award ceremony in Oslo. Here is a direct video link.
