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Dr Kurt Richebacher
Dr Kurt Richebacher

"I sometimes think the job of central bankers is to prove Kurt Richebächer wrong," said Paul Volcker, former chairman of the US Federal Reserve. Dr Richebächer's articles appear regularly in The Wall Street Journal, Barron's, The Fleet Street Letter and other respected financial publications. France's Le Figaro magazine once ran a feature story on him as "the man who predicted the Asian crisis."

 
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An Unprecedented Speculative Spree - by Dr Kurt Richebacher

2006 set new records everywhere in US financial markets. And in the absence of the slightest check on borrowing for financial speculation. Dr. Richebcher wonders, what can stop this speculative binge? Read on...


The US housing slump: What now? - by Dr Kurt Richebacher

...What will the coming correction hold for the US economy after the fall of the housing market?...


Suicidal trade deficit - by Dr Kurt Richebacher

...A US housing bubble bust would have severe adverse implications for the world economy, given that the US economy has been the key engine of global economic growth in recent years...


US economy recession - by Dr Kurt Richebacher

...A recession and a bear market in asset prices are inevitable for the US economy...


The new housing bubble - by Dr Kurt Richebacher

...What is the difference between those housing bubbles of the 1970s and the late 1980s and the US housing bubble of today?...


A tightening farce - by Dr Kurt Richebacher

"...The fact is that the US credit expansion has sharply accelerated during these two years of rate hikes instead of decelerating. Borrowers and lenders simply adjusted to the higher rates and lenders kept lending..."


Reasons for an impending US economic recession - by Dr Kurt Richebacher

...For the US, this rapid, steep decline in the growth of consumer spending is the first decisive consideration to expect in the United States impending serious recession...


How central banks manipulate the interest rate... - by Dr Kurt Richebacher

...What has truly happened in English-speaking countries is that private households, in response to inflating house prices, have slashed their savings even faster than businesses slashed their capital investments...


The Great Depression of today - by Dr Kurt Richebacher

...Why does America have the weakest recovery despite the most prodigious policy stimulus in history? If the economy's downturn was unique in its pattern, so also was the pattern of its upturn. Is the current situation the Great Depression of today?...


Recession ahead - by Dr Kurt Richebacher

"...Curiouser and curiouser! No one seems to care that the only indicator which counts says the world's No.1 economy is headed for the rocks..."