Author archives: Nick Hubble

  • Janet Yellen’s Kangaroo Exit Interview

    22.11.2017 • United KingdomComments Off on Janet Yellen’s Kangaroo Exit Interview

    The outgoing chair of the Fed had to be interviewed by a fellow central banker equally responsible for the 2008 mess to ensure there would be no tough questions. The Baron of Lothbury was head of the Bank of England before and during the 2008 crisis, and now

  • Brits Offer Another €20 billion to the EU

    21.11.2017 • United KingdomComments Off on Brits Offer Another €20 billion to the EU

    This is the diplomatic opportunity of the century for Britain. Utter humiliation of Europe beckons. Imagine if Theresa May interrupted EastEnders with a national announcement and framed the payout like this.

  • The Coming Budget Rework Means Major Cutbacks for the EU

    20.11.2017 • United KingdomComments Off on The Coming Budget Rework Means Major Cutbacks for the EU

    Why do you care? Because the centre of Europe is not holding together when it needs to most. With more elections to come, and past elections causing a steady stream of trouble for the establishment, it’s important to take note that even the EU heartland of

  • How Apple Could Spark a Capitalist Revolution in N. Korea

    17.11.2017 • United KingdomComments Off on How Apple Could Spark a Capitalist Revolution in N. Korea

    Plunging rare earth metal prices could trigger revolutions in battery technology. And make your consumer electronics vastly cheaper. Battery-powered cars, solar power, and many other technologies could suddenly become far more viable. The only problem is, the

  • Get Ready for a Global Cash Crunch

    16.11.2017 • United KingdomComments Off on Get Ready for a Global Cash Crunch

    I think the world is in for a War for Cash, not a War on Cash. We’ll see a cash grab, not the abolition of paper money. It’ll be a mad rush for cold hard currency – the physical kind. In the age of digitalisation, electronic payments using only

  • Inflation Won’t Save the U.K. from Government Debt

    15.11.2017 • United KingdomComments Off on Inflation Won’t Save the U.K. from Government Debt

    Historically, debt could be inflated away into meaningless denominations. But these days, governments often borrow using inflation protected bonds. More than a third of UK government gilts are inflation indexed. So as inflation rises, the interest expense

  • Earn a Free Holiday to S. Korea!

    14.11.2017 • United KingdomComments Off on Earn a Free Holiday to S. Korea!

    At a $1,900 premium per bitcoin in South Korea, a moderately wealthy Brit could buy a few bitcoin, go on holiday in Korea, sell the bitcoin there, enjoy a week-long vacation, return home, and still make a profit of over £1,000.

  • How the British Government Is Ruining Brexit

    13.11.2017 • United KingdomComments Off on How the British Government Is Ruining Brexit

    There are two ways to muck up Brexit. The first is to fail to leave the EU at all, or to allow Britain to distance itself from the EU on key issues. The second way is to go about ruining Britain once we’re back in control. Anyway, the government is hard at

  • Nikkei’s Flash Crash Spooks Markets Around the World

    10.11.2017 • United KingdomComments Off on Nikkei’s Flash Crash Spooks Markets Around the World

    But what happened? The Japanese Nikkei index was up more than 2% to another record high by mid-morning yesterday. All was as it should be. Next thing, it was down 1.7%, a terrible lurch of more than 3.5% in a matter of minutes.

  • Exposing the Mainstream Lies About Brexit

    10.11.2017 • United KingdomComments Off on Exposing the Mainstream Lies About Brexit

    Supposedly, measly Britain is now stuck in a terrible place. It has to choose between the EU’s trade regime or the US’s. The media calls it “squeezed”. Once again, let’s look at the historical and comparative evidence to why that's completely false.

  • Politicians Disapprove of Tax Havens… Even If They’re Responsible

    08.11.2017 • United KingdomComments Off on Politicians Disapprove of Tax Havens… Even If They’re Responsible

    The rules designed by politicians and their minions allow wealthy people to minimize taxes by keeping their investments overseas where tax rates are lower. If politicians had a problem with this, they would’ve changed the rules at some point in the last few

  • Young Home-Buyers in for a Nasty Surprise

    06.11.2017 • United KingdomComments Off on Young Home-Buyers in for a Nasty Surprise

    Thousands of mortgage holders will see their mortgage bill rise for the first time. By around £22 a month according to the Guardian. That’s based on an average British mortgage of around £175,000. And it’s an 11% increase on the average rate of 2.25%

  • The Next Bubble Will Start with Uncle Sam

    02.11.2017 • United KingdomComments Off on The Next Bubble Will Start with Uncle Sam

    Government debt is enormous. And it’s managed a 35-year bull market. With yields at or near zero in both real and nominal terms, it has reached its logical end just about everywhere in the developed world. If the government debt bubble bursts, it’ll be a

  • Why Politics Are the Biggest Threat to Economic Stability

    01.11.2017 • United KingdomComments Off on Why Politics Are the Biggest Threat to Economic Stability

    If central bankers manage to engineer the inflation they want, but financial markets are still addicted to quantitative easing (QE) and low interest rates, what will central bankers do?

  • N. Korea Grows Stronger… and Bolder

    31.10.2017 • United KingdomComments Off on N. Korea Grows Stronger… and Bolder

    It’s just a matter of time until the power and potential demands of North Korea become too difficult to stomach. America will act before things reach that point.

  • The Past Will Help You Predict Your Portfolio’s Future Success

    30.10.2017 • United KingdomComments Off on The Past Will Help You Predict Your Portfolio’s Future Success

    As the world continues to turn, Billy Joel’s fire continues to burn. If you can figure out what’s going to happen in advance, using patterns like Akhil Patel or whatever it is I do, then you have an edge. A way to invest to become wealthier, safer and

  • The EU Has Made Brexit Negotiations Impossible

    27.10.2017 • United KingdomComments Off on The EU Has Made Brexit Negotiations Impossible

    When the negotiations began, the EU declared the principle that “nothing is agreed until everything is agreed”. This simply doesn’t work. You can’t agree to something without knowing the rest of the deal. Imagine agreeing to pay someone something

  • If Brexit is a Success, Other Countries Will Follow

    24.10.2017 • United KingdomComments Off on If Brexit is a Success, Other Countries Will Follow

    Nick Hubble – Capital and Conflict (United Kingdom) – If you haven’t got your name down for Sam Volkering’s free cryptocurrency webinar tonight at 6pm, you need to do it now. If you want to know how people are more than tripling their money on

  • Kobe Steel Bailout Poisons Capitalism

    23.10.2017 • United KingdomComments Off on Kobe Steel Bailout Poisons Capitalism

    Nick Hubble – Capital and Conflict (United Kingdom) – Last week, the German and American stockmarket indices hit symbolic highs. Today, Japan is expected to break a 56-year record. Futures, a de-facto prediction of stockmarket performance before

  • It’s the Law That’s Stupid, Not Free Trade

    19.10.2017 • United KingdomComments Off on It’s the Law That’s Stupid, Not Free Trade

    Nick Hubble – Capital and Conflict (United Kingdom) – Imagine playing the TV show Deal or No Deal with your entire family. Not in the stands, giving you “advice”, but there on stage with you. You all have to make the choices together. For most

  • How Germany Will Break the Eurozone

    17.10.2017 • United KingdomComments Off on How Germany Will Break the Eurozone

    Nick Hubble – Capital and Conflict (United Kingdom) – Amazing what a bit of monetary policy can do to Germans. Their stockmarket index geknackt 13,000, as they say in Germany. It’s the same verb used when you’re gleefully cracking nuts at

  • The More Informed You Are – the More Likely You’re Wrong

    16.10.2017 • United KingdomComments Off on The More Informed You Are – the More Likely You’re Wrong

    It’s impossible to have an informed opinion on any economic or government policy. The figures are consistently proven wrong. Recently, the US and Britain both reported trade surpluses with each other. The latest “revision” says: “Half a trillion

  • Inflation, Government Solvency, Unemployment or Financial Stability?

    12.10.2017 • United KingdomComments Off on Inflation, Government Solvency, Unemployment or Financial Stability?

    Bank of England Governor Carney is prioritising inflation. But tackling inflation sacrifices economic growth. At least debt-financed economic growth. People have borrowed like mad during the decade of absurdly low interest rates. They’d be in trouble if

  • A Surprising Spike in the Euro, Despite Catalan Independence Bid

    11.10.2017 • United KingdomComments Off on A Surprising Spike in the Euro, Despite Catalan Independence Bid

    Yes, Catalonia’s wealth is an important part of Spain. And the departure could trigger a financial crisis in Spain. But it’s not like the central bankers can’t paper over such problems. And they’re a small price to pay for respecting basic democratic