Category: Economy
The Fictitious Numbers in Banks We All Trust
As the years roll on, I’m getting more frustrated with the financial world. One thing I’ve been thinking about lately is plastic money and the fictitious numbers in banks we all trust.
Are We Finally Beaten?
The Fed is ready to cut rates again — just like it was 2008. Republicans and Democrats are ready to spend, spend, spend…just as if they didn’t already have a trillion-dollar deficit…
How the Feds Will Cover Up Their Next Larceny
If you’re at the tail end of a credit-fuelled bubble…with an overpriced stock market…a trillion-dollar federal deficit…and $72 trillion of debt…What are you going to do?
Who Will Push America Over This Cliff?
Rates have been negative for nearly the last 10 years; federal debt more than doubled, while real growth rates fell.
The Next Crisis We Have Will Be a Currency Crisis
For most people, money is just money. But I believe we’re standing on a precipice for this current system of money.
How the Financialisation Scam Works
The key to the whole financialisation scam is what it costs to buy a ticket to ride this train — the DebtBall Express — that pulled out of the station back in 1971.
The Wall Gave Way, and We Fell…
The tax cut didn’t really cut the cost of government. It simply shifted it to debt…and onto the public and into the future. And now the future is coming into view.
The Financialisation of the American Economy
Over the last 10 years, for every stock bought — in net terms — by the public, the corporations themselves bought nearly 50 of them.
The Real Reasons Stocks Go Up
Word on the street yesterday was that stocks were going up to record highs ‘on earnings.’ The casual listener was invited to believe that corporate America was earning more money; therefore, it should be worth more. Why else would people
Could NZ Be a World Leader in Cannabis?
Alas, there were no pistols or schematics present…nor were there any joints or bongs…or dreadlocks or ratty hoodies.
Should Jesus Have Gone to College?
Studies show that people with more education earn more money. But this is entirely misleading. People with private jets earn more money, too.
Facial Recognition Tech isn’t All Doom and Gloom
I’d still return to China in a heartbeat. It’s an awesome country. But its high-tech developments can quickly go from feeling impressive to intrusive.
Jacinda’s Made the Right Choice: Forget the CGT
As an investor, I opened one of my nice bottles of French wine the other week when the Ardern government dismissed the proposed CGT.
‘It’s Not God’s Fault. It’s Man.’
We saw last week that the biggest burst of stimulus in the US — $3.6 trillion of quantitative easing (QE), negative real interest rates for 10 years, and deficits of $11 trillion — brought the weakest recovery ever.
What History Teaches Us About Socialism
Both outright socialists and capitalist reformers have more or less the same goal — to bang, bend, and bamboozle the world into a shape that is more pleasing to them.