
Creating “free money” to support bloated bureaucracies and corrupt cartels only makes the underlying problems worse.The mere mention of helicopter money has intoxicated global stock markets, which have soared on the rumor of Japanese hel…
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Risk-on assets (stocks) rising at the same time as safe-haven assets is akin to dogs marrying cats and living happily ever after.
The global political/economic state feels precarious for a good reason: it is precarious.That the global economy is in a precarious state seems self-evident.Take your pick of the systemic risks: debt bubble and slowdown in China, banking/political cris…
Ultimately, the dominance of global capital (the Corporatocracy) is not financial– it’s political.One little-remarked consequence of the central banks’ policies of near-zero interest rates and quantitative easing is the unrivaled dominance of mobile g…
Any clique in the E.U. that thinks the U.S. will sit idly by while they “punish” the U.K. had better recalibrate their core interests and the potential for blowback.One constant in a fast-shifting global chess board is the special relationship&nbs…
Brexit can be constructively viewed as a systemic step towards solving existing scarcities.
The sense of having a real say, and possessing actual agency, is very empowering, and very rare, for members of the lower-middle class and the working class today.The premier strategy for retaining power is to give the powerless a carefully managed ill…
This is a syndicated repost courtesy of Commentaries By Peter Schiff. To view original, click here. Reposted with permission. Janet Yellen should send a note of congratulations to Nigel Farage and Boris Johnson, the British politicians most responsible for pushing the Brexit campaign to a successful conclusion. While she’s at it she should also send…