It’s been nearly seven months since Russia’s military forces invaded sovereign Ukraine. The response in Western Europe and North America has been to levy sanctions against Russia in an effort to hobble its economy, and force it to seek peace in the region. These sanctions have also unleashed a backlash from Russia that’s resulted in […]
ARE THE ECONOMIC SANCTIONS ON RUSSIA WORKING? Read More »
Much of the Western United States has been in the throes of a serious drought that has been carrying on for nearly six years. Las Vegas, Nevada, resides in the middle of the desert, and gets most of its water from Lake Mead and the Colorado River. But Lake Mead’s water supply is shared with
HOW LAS VEGAS DEALS WITH ITS WATER PROBLEMS Read More »
The economy is now in the midst of serious inflation unseen for over forty years. This condition could give way to a long, frustrating period of stagflation as occurred in the 1970’s. Those who were around in the developed world in those days got a good first-hand look at stagflation and what it can do
ARE WE HEADING FOR A PERIOD OF STAGFLATION? Read More »
As it looks as though a recession may be looming on the horizon, many investors are concerned about the depth and duration of a potential economic pullback. No two recessions are exactly alike, but it’s worthwhile nonetheless to take a look at what got our economy into the worst one ever in our history. Vulnerabilities:
WHAT LED TO THE GREAT DEPRESSION OF 1929? Read More »
Across the rich world inflation is raging by about 9% year on year. This constitutes the highest rate of inflation the rich world has seen since the early 1980’s. The last time inflation was this high, it ran for about sixteen years from its inception in the mid 1960’s to the recession in 1983. But
THE WAR AGAINST INFLATION Read More »
From the day it was first written, the Declaration of Independence went through quite a journey to reach the place where it resides today. In that it constituted a death warrant for all those who signed it, the protection and preservation of it maintained a higher priority for the Continental Congress and the founding fathers
HOW WAS THE DECLARATION OF INDEPENDENCE PRESERVED? Read More »
Inflation is upon us, and it won’t be going away very soon, echoes the sentiment in Washington D.C. as the Federal Reserve sets out to combat it. Whenever inflation passes above 4% and unemployment falls below 4%, the U.S. economy has gone through a recession, as per Lawrence Summers, Harvard professor and former Treasury Secretary.
IS THE NEXT U.S. RECESSION JUST AROUND THE CORNER? Read More »
Since Vladimir Putin became president of Russia in 2000, he has been obsessed with how he is portrayed in the Russian media. He purportedly would routinely spend evenings carefully watching how the media covered him personally as well as his actions and policies. From the early days, he took steps to place Kremlin control over
THE UKRAINE WAR AS TOLD TO THE RUSSIAN PEOPLE Read More »
The most recent of a spate of shootings in the United States took place in the small, southwestern town of Uvalde, Texas, where nineteen elementary school children and two teachers were senselessly murdered on May 24, 2022. The gunman was a teenager who bought military grade firearms and as many as 350 rounds of ammunition
ARE AMERICA’S GUN LAWS TOO LAX? Read More »
The era of easy money is coming to an end thanks to a combination of geopolitical events that have spurred a wild rush of inflation. Central banks in many parts of the world are already beginning, or are set to begin, tightening cycles, designed to quash this inflation. The demand for housing has held up
COULD THERE SOON BE ANOTHER GLOBAL HOUSING CRISIS? Read More »