Dear Reader, My, my, my…haven’t things turned? For over two years now, anytime I’ve brought up the word ‘retail’ in these pages, I’ve ended up with a special one-on-one chat with my publisher. A friendly little talk, to point out that perhaps our subscribers don’t care so much about shopping. That maybe, retail isn’t a […]
Things Will Get Worse before They Get Better: The New Depression
Dear Reader, Will the economy — and life as we know it — ever return to ‘normal’? Don’t bet on it, says Jim Rickards. In today’s edition of The Daily Reckoning Australia, Jim explains why we’re a long way off normal. In fact, he warns things could get worse — far worse — before they […]
What the World Owes China Inc
Dear Reader, The crisis that comes after this crisis… Shuttered indoors we’ve done nothing but chew on the crisis that landed squarely at our feet in March. Did Australia do the right thing? We’ll never know. It’s that simple. The option that was given to us has led to an outright crashing of the economy. […]
China’s the World’s Economic Hitman
Dear Reader, Years and years ago I read a book called the Confessions of an Economic Hitman, written by John Perkins. The premise is simple. It’s set in the 1960s and 1970s. The guy takes his Science and Business degree and is employed by a private American firm. He travels throughout Central and South America, […]
The Losses From Unemployment Will Be Permanent
Dear Reader, Unemployment won’t be as bad as first thought, the Aussie media declared yesterday. Treasurer Josh Frydenberg reckons the number of Aussies looking for work may peak at 8%, not 10% like first thought. Of course, I find this figure impossible to believe. For starters between JobKeeper and JobSeeker, more than one-third of the […]
Could the US Sue China for $2 Trillion of Damages?
Dear Reader, What really happened in China to cause a virus to spread worldwide and bring the global economy to its knees? We still don’t know the answer…or what the repercussions will be. But as Jim Rickards reveals below, there is talk of US-based litigation that may hold China liable for US$2 trillion in damages. […]
Trump versus Biden: Who Will Win?
Dear Reader, The US is less than six months away from the November election. Traditionally, as Jim says today, the sitting president is almost a shoo-in to be re-elected for a second term. However, what was almost a ‘sure thing’ may become one of the closest elections in US history. Below Jim explains the headwinds […]
Investors Should Prepare for Further US-China Tension
Dear Reader, Well that was a bizarre two months. We’ve gone from digesting what the coronavirus impact could look like, stock markets crashing, café tables being taken away from us, being shuttered indoors, to social unrest in two major financial hubs. What’s ahead for the next seven months of this year? Here in Australia, we’re […]
Hong Kong Headed for Crisis Again
Today we were going to talk about iron ore. I was going to share my thoughts on how we rely on selling it and suddenly our biggest buyer is threatening to go elsewhere for the stuff. I was going to tell you, it’s not what it seems. But those thoughts will need to wait another […]
A Cascade of Complex Systems: What Does It All Mean for Investors?
What just happened…? April 2020 was a blur of spreading infections, rising fatalities, personal lockdowns, and an utterly devastating economic collapse. It’s one thing to follow the headlines and keep up with the news. It’s quite another to comprehend what just happened and the implications for all of us in the months and years to […]
