DeepJournal - Economy

14 December 2011 |

Economist Albert Spits: the euro is gone by the summer of 2012

De Wit: No, but it’s going to cost an awful lot of money to reprint all of those currencies and make the switch.
Spits: Sure, but it’s going to cost a lot more money to try and save the euro, which cannot be saved.

3 December 2011 |

Albert Spits: A crisis of 2 years instead of 10 through reorganizing fiancial sector

Advisor to pension funds Albert Spits reads between the lines, takes account of the various economic schools of thought (more to come on this soon in this interview series) and examines past developments to see what they might have to teach us about the future. With the facts in tow, Spits sorts through the fluctuations and takes note of where things are headed, though he also points out how things could turn out should we choose to deal with these problems differently.

8 August 2009 |

The other face of Barack Obama - 2

The economic policy of the Obama Administration.

Barack Obama has now been president of the most powerful country in the world for over half a year. His swearing in was experienced as a relief - a breath of fresh air following the Bush-Cheney years. In a new series, DeepJournal explores some of the new president's major policy arenas. What is the practice behind the perception of America's new hero, President Barack Obama? In this second part: The economic policy of the Obama Administration.

4 October 2008 |

Interview financial expert: more expensive, less to spend, riots in the streets

You have to figure on riots and rebellions taking place, especially in the big cities. Some countries may see revolutions, the Mediterranean countries in particular. At that point government buildings could be set on fire and government employees attacked. You have to consider these kinds of scenarios. In any crisis situation you're going to have people who revolt. In order to see what can happen in a crisis situation we have only to look at what happened in Argentina. People went from being middle class one day to finding themselves below the poverty line the next.

3 August 2008 |

'Credit crisis caused by fighting wars and short-term vision'

What we now have is stagflation - stagnation versus inflation. And where we'll soon find ourselves is hyperinflation. [...] Keynes' idea was that if you go into debt, you have to pay it off in good time. It was never his intention to say, 'We've gone into debt, and as long as everything's okay we'll go deeper into debt'. [...] This paper money then went into circulation, and the gold was used as backing for the weapons industry, at which point an arms race started first between France and Germany, followed later on by all other Western countries.

30 June 2008 |

'Buy gold, rent a house and in the end move to a warm country': financial expert

Interview by DeepJournal

I've already hedged my own capital by putting 10% of it into gold. I've already transferred my pension into raw materials and raw material shares. I sold my house in 2002, and I've been renting since then. As far as pension funds go, we're currently advising that a minumum of 10% of pension assets be put into gold.

18 June 2008 |

'House prices collapse by 60% in 7 years'

The housing market is only now starting to collapse, but soon it will be coupled with huge collapses...

-Are we talking just about America here, or Europe as well?

Europe too. Actually the rest of the world as well - they're coming right along with us.
[...]
Well, I think you should figure on a drop of at least sixty percent.

19 March 2008 |

Update on the credit crisis, March 2008, by Dutch financial expert

Interview and transcript

In this interview financial reporter Willem Middelkoop provides an update on the credit crisis. Middelkoop discusses the latest news and articulates what his expectations are for the future.
He is author of the bestseller - Available only in Dutch- If the dollar falls - What bankers and politicians aren't telling you about money and the credit crisis, and publishes the free newsletter Nieuws-Flash!.

28 April 2007 |

Willem Middelkoop on the economy - April 18th, 2007

A series of conversations between economics reporter Willem Middelkoop and Daan de Wit on current economic affairs.

Today's conversation concerns the manipulation of the stock market by the Plunge Protection Team, escalating monetary depreciation, the role of hedge funds in the buying up of European assets with dollars that soon won't be worth very much, the price of oil as it relates to a coming war with Iran, the housing market, the unstable dollar situation, the risk that pension funds take by investing in dollars, and the lack of investments in gold.

13 March 2007 |

Willem Middelkoop on the economy - March 13th, 2007

A new series of conversations between economics reporter Willem Middelkoop and Daan de Wit on current economic affairs.

Today's conversation deals with the collapse of the American housing bubble, something that is now clearly beginning to take shape and which is expected to have a greater impact than the implosion of the technology bubble.
In this conversation we'll also be talking about a new book that's coming out, based on the interviews with Willem Middelkoop by Daan de Wit, some of which can be found on DeepJournal, and some of which have yet to appear.

12 January 2007 |

Economics journalist Willem Middelkoop on the feeble basis of our monetary system

Many times monetary systems have broken down. This already happened two hundred and twenty times, says Middelkoop. There have been 220 different monetary systems which were backed by insufficient amounts of gold and silver, which were in fact unsecured, and those systems collapsed at a certain point in time. There comes a point when the confidence in paper money starts dropping in such a way that the system collapses. [...] The collapse of monetary systems is not a phenomenon limited to any one time period, be it that the period we are living in stands out. [...] In the past you did find these unsecured monetary systems on a per country basis, or in a specific region. But what's happening now has really never been exhibited before.

10 July 2006 |

DeepJournal interviews an expatriate who did what Willem Middelkoop is advising

Piet van Dongen is a Dutchman in Brazil. A year and a half ago he decided to leave The Netherlands behind him. In the DeepJournal interview series with financial reporter Willem Middelkoop, he recognized the same rationale that he had for doing this.

20 June 2006 |

DeepJournal interviews RTL Z economics reporter Willem Middelkoop - part 4

Part 2 of the second conversation

Willem Middelkoop is an investor and freelance economics reporter for the Dutch financial report RTL Z. Based on his expertise and his sources - newsletters from insiders and conversations with bankers and financial analysts - Middelkoop believes that the question is not if the current financial system is going to fail, but when.

19 May 2006 |

DeepJournal interviews RTL-Z reporter reporter Willem Middelkoop - part 3

Part 1 of the second conversation

27 March 2006 |

DeepJournal interviews RTL-Z reporter reporter Willem Middelkoop - part 2

'The question is not if, but when this financial system is going to fail'

8 March 2006 |

DeepJournal interviews RTL Z economics reporter Willem Middelkoop - part 1

'The question is not if, but when this financial system is going to fail'

17 March 2005 |

Impending world-wide recession through nose-dive dollar

'Crash of the dollar appears to be a question of time', headlines Dutch newspaper NRC Handelsblad on 14 March above an article written for Newsweek by Fareed Zakaria. He tells how enriching countries, especially from Asia, invest their money in American government funds: 'That way the American interest rate stays low, and therefore, the Americans can borrow and spend money - on Asian goods. In short: they save, we consume, their and our economy grows and everyone is happy.'

6 July 2004 |

Oil scarcity soon becoming worldwide problem

Peak Oil: End of oil era in sight

The recent screaming headlines about the problems at Shell bear witness to a much larger and gloomy reality than the 'structural decline' of a company. This reality can be summed up with the words Peak Oil. Peak Oil is the moment that an oilfield of the worldwide oil production has reached its peak, after which it becomes more and more difficult to pump up the oil reserves, and finally the costs will exceed the benefits.

6 July 2004 |

Oil scarcity soon becoming worldwide problem

Peak Oil: End of oil era in sight

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12 September 2013 |

Why is Syria under attack? - Part 4

When you peek below the surface, it becomes clear that Syria is under attack due to the interests of the parties involved. ‘Syria’ is about power, money, influence and energy.

10 September 2013 |

Why is Syria under attack? - 3

8 September 2013 |

Why is Syria under attack? - Part 2

In the event of major military conflicts that risk considerable humanitarian and economic consequences, it is useful to examine the interests of all parties involved as well as the role that the media plays in reporting the events.

7 September 2013 |

Why is Syria under attack? - Part 1

On the surface it’s straightforward: the U.S. wants to liberate Syria from a brutal dictator who is attacking his own people with poison gas. But beneath the surface there is something very different going on.

28 August 2012

Daan de Wit (DeepJournal) interviewt Webster Tarpley op het Magneetfestival

Het Magneetfestival gaat de diepte in met vier interviews. Daan de Wit interviewt Webster Tarpley, Albert Spits, en Mike Donkers.