Forgetting Chernobyl is our best hope now
The threats and challenges we face today are largely down to dodging nuclear power. But what if we’d embraced the technology instead?
The Daily Reckoning Australia
Storm Clouds
Sooner or later, the stock market bubble has to deflate. It can develop a slow leak, with rising inflation gradually undermining real values. Or, it can just go ‘pop.’
What Happened Next
Sometime in the future, the stockholders’ good luck is likely to vanish. Stocks have real value. That real worth — the present value of future earnings — must ultimately be expressed in prices.
Here Comes Trouble
There’s a big difference between having the best growth rates and having the worst. And if you don’t know which you have, you’re probably headed to trouble. Which is exactly where the US is headed.
Shutdown
Both the stock market and the economy are now growing — but only because of a whirligig of ‘capex’ spending on AI…which is most likely money down the drain.
Second richest country on earth feels poor – Exploring the paradox
The latest UBS Global Wealth Report reveals that Australia is the second wealthiest nation based on median net wealth. The lived reality for many Australians suggest otherwise. How do we reconcile the disconnect?
