The world is slowing down. No country escapes a recession forever, whether your country is capitalist or socialist or something in between. Communist and fascist countries are generally in a…
Doubling Down on Bad Ideas
Uh oh. Until now, about the only thing good you could say about the Federal Reserve Board in recent years is that it hasn’t followed central banks in Europe and…
Upending the World
Logic has taken a 180-degree turn, running at full sprint in the opposite direction from where it should be. As one small example, consider the good fortune of Hans Peter…
Mutually Assured Destruction
Iran, North Korea and the world’s other despots may be able to take over the world without going nuclear or even firing a single shot. That’s because much of the…
Going Negative
“More money cannot cure what too much money created.” Frank Hollenbeck There’s nothing…