Americans Embattled Some argue that we still live as serfs in a feudal-like society and that the Age of Imperialism never ended. We work for corporations now instead of lords of estates,…
Category: Geopolitics
The Wealth Of Nations – Gone But Not Forgotten
Have you read Adam Smith’s The Wealth Of Nations? It should be required reading in high school, and politicians should know The Wealth Of Nations cover-to-cover. There was a time when U.S….
Debt is like jello – There’s always room for more!
Debt tastes delicious … “If you are a country and you have managed to REDUCE your total (public+private) debt load since the crisis you are part of an elite club.” – Variant…
All That Glitters Is Not Gold
The BEST economy EVER! Q1 GDP Smashes Expectations, Soars 3.2%!! “With the Atlanta Fed forecasting Q1 GDP of as little as 0.5% about 6 weeks ago, traders were shocked when moments ago…
The Writing Is On The Wall
Economic risks are rising, “Korean GDP shrank by the most in a decade amid a tech slowdown. Asia’s fourth-largest economy shrank by 0.3 percent in the first quarter from the previous three…
Ignorance Isn’t Bliss
Unemployment rates are misleading, “Young adults are the last to be hired and first to be fired. They are the most economically fragile segment of the population and their levels of employment…
Cracks begin to show
Central Bank balance sheets ballooned after the financial crisis of 2008. Central banks spur growth? Well, not really. pic.twitter.com/81jpTNoyNL — Daniel Lacalle (@dlacalle_IA) April 22, 2019 The appetite for debt wasn’t limited…
Systemic Corruption Charted
Political partisanship lead to money backed by nothing … “Capitalism is not broken. The problem is that we haven’t had sound money since 1971.” – Jesse Colombo Notice how he makes ZERO…
The World’s Reverse Robinhood
Robbing the poor to pay the rich has been the well-executed mission of central banks around the world for the last decade … Release the stimulus! “What you need to understand is…
Look out for yourself – Governments don’t care
“Mathematics has been used in economic theory in an exaggerated manner; it’s use has not been highly successful. Mathematical economics has not achieved very much. The underlying vagueness and ignorance has not…