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“Many Republicans wish they could simply run on a great economy, but complain President Trump’s constant. “While tossing out some red meat in the form of takedowns of Ohio Democrats Richard Cordray.

Richard Duncan is author of The Dollar Crisis: Causes, Consequences, Cures, an international bestseller, and The Corruption of Capitalism: A strategy to rebalance the global economy and restore.

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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.

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A substantial excess of savings over investment has emerged, he says, predominantly in China and Japan and the oil exporters (see chart). This has led to low global real interest. This is the line.

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Economist and financial author Richard Duncan believes China’s economy entered into a hard landing in 2015, with the slowdown set to deepen into a slump that will prove to be "severe and.

The global savings glut theory, embraced by no one more prominent than Ben Bernanke, the chairman of the U.S. Federal Reserve, attributes the global imbalances not to a U.S. propensity to overconsume.

In this updated, second edition of the highly acclaimed international best seller, The Dollar Crisis: Causes, Consequences, Cures, Richard Duncan describes the flaws in the international monetary system that have destabilized the global economy and that may soon culminate in a deflation-induced worldwide economic slump.

With the US-China trade war heating up, it is important to understand what is at stake.. Monetary Policy is now arguably the most powerful force driving the global economy and the world’s financial markets.. Subscribe To Richard Duncan’s free blog.