Posts Tagged ‘government’

  • Why You Should Bet on Bitcoin

    24.05.2017 • Great BritainComments Off on Why You Should Bet on Bitcoin

    Each time geopolitical turmoil pops up somewhere, the price of bitcoin spikes. Recent trouble in Venezuela and China are two examples. Each financial shock, crackdown or poor economic release has sent the bitcoin price higher.

  • Bad Debt Rears Its Ugly Head

    23.05.2017 • IndiaComments Off on Bad Debt Rears Its Ugly Head

    Banks give out most loans against a collateral. Hence, to that extent the loans are secured and in case of a default from a borrower, the collateral can be sold and the loan amount can be recovered. Now, if only it was as simple as that.

  • “A Cashless Society, Desirable for Some, Formidable for Others.”

    23.05.2017 • FranceComments Off on “A Cashless Society, Desirable for Some, Formidable for Others.”

    Let us put it bluntly, we rank among the "others", those who believe that the establishment of such a society would be a significant step against liberty. It would give power to an "empowered agent" to cut off your money at any time.

  • Venezuela’s Future – Doomier by the Day

    22.05.2017 • United StatesComments Off on Venezuela’s Future – Doomier by the Day

    Inflation is running at about 700% a year. Last year, GDP plunged 19%. Food staples – beans, rice, bread – are disappearing. Families cross the border into Colombia to buy toilet paper. How has this country made such a mess of itself?

  • Vern’s Guide to Making a Budget Surplus a Reality

    22.05.2017 • AustraliaComments Off on Vern’s Guide to Making a Budget Surplus a Reality

    The Treasury has a problem. Revenue is (highly) variable. Spending is fixed and escalating. A buffer needs to be built…lower spending. Here’s my solution to achieving a surplus in 2050

  • Do You Know How the State Spends YOUR Money?

    17.05.2017 • United StatesComments Off on Do You Know How the State Spends YOUR Money?

    Renewable energy firm, EDF, continues to build dozens of plants despite abysmal financial results each year. How does it stay afloat? Your tax dollars.

  • Peak Oil: What Comes Next?

    16.05.2017 • Great BritainComments Off on Peak Oil: What Comes Next?

    Imagine if you were a bronze investor at the end of the Stone Age. Or an iron ore investor at the end of the Bronze Age. Or you bought oil stocks before the Royal Navy was refitted from coal to oil by order of Mr Churchill before the First World War. Which

  • The History of Longitude: How the UK Funded Innovation

    12.05.2017 • Great BritainComments Off on The History of Longitude: How the UK Funded Innovation

    Show me a way of pinpointing exactly where you are on the planet in a reliable way. On land or at sea. It doesn’t matter. Do that, and the £20,000 is yours. The catch is, you can’t use GPS, or even use a map. You need to figure it out yourself.

  • Do You Know The Real Reason Behind the Civil War?

    11.05.2017 • United StatesComments Off on Do You Know The Real Reason Behind the Civil War?

    A civil war is a fight between two or more factions for the control of the government. The war that took place between 1861 and 1865 was nothing of the sort. Instead, it was a war of national liberation.

  • Smugglers Send Cost of Bitcoin Soaring

    10.05.2017 • Great BritainComments Off on Smugglers Send Cost of Bitcoin Soaring

    Bitcoin is nationless. Its payment infrastructure is decentralized. This means it challenges the US government’s control over the international financial infrastructure. Smuggling is alive and well in our modern world, and bitcoin is the currency of choice.

  • US Market Goes From Illogical to Insane

    10.05.2017 • AustraliaComments Off on US Market Goes From Illogical to Insane

    Since the events of 2008–09, the US government has gone in ‘boots ‘n’ all’ to prop up the economy and market. Earnings have fallen 10% and the market has risen over 20%. It took US$33.5 trillion to produce US$1.9 trillion in economic growth. Does

  • How “Spain First” Wrecked Spain’s Colonial Empire

    10.05.2017 • United StatesComments Off on How “Spain First” Wrecked Spain’s Colonial Empire

    Then, like now, the crown and the cronies thought they could gain an advantage by forcing people to trade on their terms. They wanted win-lose deals, with themselves as the winners. This, too, led to the inevitable consequences.

  • Trump’s New Tax Plan: A Moral Dilemma For Your Editor

    05.05.2017 • United StatesComments Off on Trump’s New Tax Plan: A Moral Dilemma For Your Editor

    On one hand, the Trump plan would help him personally. Yugely. But on the other, it would hasten the bankruptcy of the empire. Should we throw our bantam weight behind the president in search of personal gain? Or should we put on our Good Citizen lapel flag

  • Brexit Attracts Surge of Foreign Direct Investment

    05.05.2017 • Great BritainComments Off on Brexit Attracts Surge of Foreign Direct Investment

    We haven’t hit the heights seen before the financial crisis of 2008, but those were the days of the bubble. These days we’re leaving the EU, which is supposed to be a disaster. But the UK accounted for the bulk of the FDI increase for the EU, and we’re

  • Hitler’s “Miracle” Economy: How Statistics Lie

    05.05.2017 • AustraliaComments Off on Hitler’s “Miracle” Economy: How Statistics Lie

    In 1932, Germany's unemployment fell from 30.1% to just 2.1%. At he same time, laws were introduced that made it effectively illegal for Jews to work…’approved’ Germans took their jobs. The resulting data was a statistical mirage.

  • The Donald Is Right: A Shutdown Is in Order

    03.05.2017 • United StatesComments Off on The Donald Is Right: A Shutdown Is in Order

    No money for the swamp. No enforcement of employment rules… minimum wages… SEC regulations… Send the snoops at the NSA and the CIA home. Stop collecting taxes. Stop telling everyone what to do! We’re getting giddy just thinking about it.

  • What’s the Price of a Tomato?

    02.05.2017 • IndiaComments Off on What’s the Price of a Tomato?

    How can any entrepreneur, which is what farmers are, not have a role in determining the price of what he produces, is something beyond my understanding? This comes from the socialistic attitude of government knows best, something that we haven't been able to

  • How Entitlements Court Global Chaos

    01.05.2017 • AustraliaComments Off on How Entitlements Court Global Chaos

    No politician, with an eye on the next election, is going to voluntarily take the hard decisions necessary to rein in debt and deficits. Therefore, it will be imposed on the electorate by brutal market forces, the same kind that have sent people into the

  • Who is John Galt?

    27.04.2017 • Great BritainComments Off on Who is John Galt?

    That's a good answer to where we’re heading. Our world is growing more and more similar to the world of Ayn Rand’s Atlas Shrugged. Stability and the welfare of all is the justification for a government-controlled financial sector.

  • Bold Thief Promises to Steal $3.5 Trillion This Year

    26.04.2017 • United StatesComments Off on Bold Thief Promises to Steal $3.5 Trillion This Year

    Government is meant to protect us from thieves. But the $5 billion taken by the police via civil asset forfeiture is peanuts compared to what the government takes from the tax system.

  • Central Banks Abruptly Change Course

    25.04.2017 • Great BritainComments Off on Central Banks Abruptly Change Course

    The European Central Bank and Bank of Japan’s recent activity has masked that the Federal Reserve is turning the worm. Others will follow. If, or when, central banks on the whole start to reverse their policies, all sorts of new phenomenon could begin.

  • Don’t Be Fooled – The Establishment Will Win in France

    24.04.2017 • United StatesComments Off on Don’t Be Fooled – The Establishment Will Win in France

    Desperate for change, French voters rejected the mainstream parties yesterday, choosing instead two “outsiders” – anti-EU and anti-immigration Marine Le Pen… and 39-year-old former investment banker Emmanuel Macron. Here's why the French may not get

  • Can’t Afford Something? The Government Should Pay

    24.04.2017 • AustraliaComments Off on Can’t Afford Something? The Government Should Pay

    Whinge, bloody whinge. Nothing is more certain to get a politician’s attention than the crocodile tears of the so-called progressives. We’ll find another pocket to pick to soothe your concerns…there, there, you poor, hard-done-by progressive who wants

  • Will Lithium Batteries Power Tomorrow’s Military?

    14.04.2017 • AustraliaComments Off on Will Lithium Batteries Power Tomorrow’s Military?

    Geopolitically, the world has gotten even more complicated — and dangerous — over the last two weeks. As investors, it pays to try and figure out who the winners and losers might be in a world of escalating military tensions. Today we'll explore what