Monty Pelerin's World

In Part I of this two-parter a coming currency collapse and accompanying sovereign bankruptcies were discussed. This part discusses why a currency collapse is nearly certain and what options and [...]

There are still those who don’t believe the world is heading for massive debt defaults. But then there are also some who believe King Tut is not dead but merely [...]

“Talk of a recovery is Orwellian in its deception.” So says Jim Willie in his lengthy piece dealing with the collapse of the US and probably the rest of the [...]

I am somewhat amused when the talking heads speak about Europe’s problems in terms of inept politics. To be sure, politicians created the European mess, although the media never seems [...]

Doug Casey has a lengthy piece on government spending, what is wasted and what can be done about it. Sadly, he concludes as I have, that there is nothing we [...]

A wonderfully humorous and accurate description of the European Mess sent via email from Simon Black of SovereignMan.com Date: November 23, 2011 Reporting From: London, England [Editor's note: Simon's friend Tim [...]

I have never been particularly admiring of Gordon K. Brown of the UK. After all, he is/was a politician. No longer in office, apparently he chooses his words less carefully [...]

Euroland is in deep trouble. When its financial system fails, it will bring ours and others down with it. The “madness” that has infected their politicians has also affected our [...]

“Until the debt is cleared and capital starts to be properly allocated, economic growth per unit of additional debt will continue to sour.” Andy Lees A powerful indictment of Central [...]

The inevitability of insolvency for various levels of government slowly begins to hit. Here is a scene, played out on a small field in Rhode Island, that will be enacted [...]

The hoopla over the debt ceiling issue continues. The reality is that it is totally irrelevant to the fate of the nation. We are going to default! The only question [...]

The circus surrounding the debt ceiling makes interesting theater but all the babble is irrelevant. How the debt ceiling is eventually resolved only changes the timing and extent of the [...]