Europe’s Welfare State: expensive and ineffective January 23, 2025 European states have the largest welfare systems among OECD members and among the most expensive in the world, symbolizing the post-war social democratic social…
Banks’ exposure to government debt will bring economic collapse January 16, 2025 Crises are never caused by excessive exposure of businesses and individuals to risky assets. Crises can only happen when investors, governments and households accumulate…
The huge Public debt and Budget deficit, the trade war and the… problem with the dollar January 9, 2025 Investors around the world spent much of 2024 worrying about China’s problems with the housing market and deflation. In 2025, it’s the US’s turn…
Inflationary money: foundation of uncontrolled state growth – destruction of economic & social freedoms January 9, 2025 The rulers and the ruled in the Western world have long succumbed to a particularly demonic temptation: the replacement of commodity (or precious metal)…
Trump’s Tariffs – US Economic Suicide – and the Gold Standard January 2, 2025 On November 30, 2024, US President-elect Donald Trump threatened the BRICS nations – Brazil, Russia, India, China, South Africa, Iran, Ethiopia, Egypt and the…
The Central Bank of Russia keeps the key interest rate unchanged for 2025! December 26, 2024 At the last meeting of the Board of the Central Bank of the Russian Federation this year, it was decided to leave the key…
Argentina: Out of recession December 19, 2024 Argentina’s economy emerged from a deep recession in the third quarter of 2024 in a milestone for President Javier Milley as he seeks to…
China is turning its economy into a war economy to achieve global domination December 12, 2024 Drones have already become a primary weapon, capable of taking out soldiers and tanks, as well as helping to spot artillery fire and provide…
Anger over high cost of living has brought down 70% of governments in developed countries November 21, 2024 Donald Trump’s victory over Kamala Harris and the Democrats in the November 5 elections represents part of a broader phenomenon: Most governments in developed…