Harvard Economics Professor: US Default Could Spark Global Financial Crisis
Harvard economics professor Kenneth Rogoff, who previously served as the chief economist at the International Monetary Fund (IMF), has warned that the U.S. defaulting on its debt obligations could spark a global financial crisis. “It’s a very perilous situation and we are in unknown waters,” he warned. Harvard Professor of Economics Kenneth Rogoff on U.S. Default and Global Financial Crisis Harvard economics professor Kenneth Rogoff...
Hedge Fund Mogul Stanley Druckenmiller Warns of ‘Hard Landing’ for US Economy
Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is largely driven by credit card usage. Druckenmiller, a seasoned investment mogul, warns that it would be foolish to ignore the possibility of a “really, really bad” scenario unfolding. Druckenmiller...
Anti-Piracy Outfit Wipes ACE’s ‘Watch Legally’ Page From Google
There’s no denying that the Alliance for Creativity and Entertainment (ACE) has been rather successful over the past few years. The anti-piracy group, which represents prominent rightsholders such as Apple, the BBC, Canal+, Disney, Sky, Netflix, and Warner Bros, systematically hunts down key piracy players and works to shut them down. ACE expanded its reach once again this week when it added sports streaming service DAZN to its...
