Central banks around the world are repeating the mistakes of former Federal Reserve Chairman Alan Greenspan by flooding markets with cheap money, according to Brunel University's Moorad Choudhry.» Read More
The current UK depression will be the longest since at least the first world war. Without a dramatic surge in growth, it is also quite likely to generate a bigger cumulative loss of output than the “great depression”, Martin Wolf writes in the FT.
Markets are just beginning to price in the "new normal" of weak growth and a lack of credible policy responses, according longtime bear Bob Janjuah, co-head of cross-asset allocation strategy at Nomura.
"I think the German PMI announcement will have an impact on spread widening, because investors will see it as an indication that the world is slowing, Germany is slowing, and in general, risk is increasing," Adrian Schmidt, FX strategist at Lloyds Bank Corporate Markets, told CNBC.
The question facing every investor on the planet is simple enough: When will this sell-off come to an end? Because when it does, the risk-on trade will mean big returns.
Comparing the recession within the Great Depression back in 1937 & 1938 with the current U.S.economy and how to avoid making the same mistakes, with James Stewart, The New York Times columnist.
While the federal government cracks down on Internet gambling, some states and districts are turning to it as a way to fill gaping budget holes.
Like earthquakes, financial crises are often accompanied by aftershocks, like the one this past week. They may feel scary but research shows they can set the stage for a sustainable recovery—and stock market gains.
As America struggles, some are moving to fast-growing Brazil. "If the rest of the world is cratering, this is a good place to be," one American banker who recently moved here, said.
The U.S. economy has suffered through many recessions in its history. But just what is a recession and how do they come about? Here are the details in this CNBC explains.
John Lonski, Moody's Capital Markets, discusses whether we're headed for a Great Depression.
Italy is next in line to seek a bailout from the European Union and the International Monetary Fund as a 'slow-motion banking crisis' unfolds in the country, Felix Zulauf, President of Zulauf Asset Management said.
What were some of the worst inflation situations in history and how did they come to be? Click to find out!
Federal Reserve Chairman Ben Bernanke's approach to stopping the financial crisis by printing money is wrong, as the private sector is still unable to pay its debts, Richard Duncan, the author of 'The Dollar Crisis: Causes, Consequences, Cures' wrote Friday.