In every century the same thing happens at one point or another. Society loses the plot and gets caught up in a mania, a grandiose exercise in self delusion. It can be […]
Today is Fed Circus. The elephant parade.
What can we learn from this lesson in financial zoology?
The biggest opinion poll about climate change ever published has found that two-thirds of people across the world consider the issue “a global emergency”. Carried out by the UN Development Programme together with Oxford University, the research polled …
Once a large dam has reached the age of 50 years, whoever is in charge of its maintenance should be especially alert to the upkeep challenges and dangers an old dam can create. According to a new report by the U.N. Institute for Water, Environment and …
The illustrious career of NFL quarterback Tom Brady has been directly tied to the success of the New England Patriots longstanding dynasty since they drafted him in 2000. This past offseason, the former Michigan quarterback brought his talents to Tampa…
U.S. President Trump promised his voters in the election campaign before he took office that he would “drain the swamp” of outside influence in Washington. The Statista chart suggests that he did not succeed: both the number of registered lobbyists and…
Oh dear, the Fed has a problem. It’s one thing to deny a bubble when it’s only cranks like me on Twitter pointing out the unfolding market distortions. Yet bubble talk is […]
Corporate debt has been rising significantly in some countries due to the coronavirus pandemic, according to figures by the Bank for International Settlements. The data is currently only available through 2020’s second quarter but already shows the neg…
The UK may be one of the most advanced e-commerce markets in the world, but even there, online shopping still hasn’t reached everyone. Last year, 84% of Britons made at least one purchase on the Internet, according to estimates from Statista Digital Ma…
As the coronavirus crisis unfolded, spreading from China to the rest of the world in the early months of 2020, things went from bad to worse for the global car industry. What started off as a supply crisis, which temporarily constrained access to parts…