Interest Rates, Observed
Lower interest rates encourage borrowing. That’s the whole idea. Debt goes up. Spending goes up. The feds ‘print’ more money to cover their deficits. Prices rise further.
The Daily Reckoning Australia
Budget Busters
Empires usually end their lives with a heady cocktail of too much spending and too much violence. Often, keeping people under control — at home and abroad — becomes the major expense.
The blueprint for ending wars
On Sunday, President Trump announced that US bombers levelled three nuclear facilities in Iran. But the world isn’t descending into World War 3 as many were made to believe. What is going on?
Back to the Stone Age
Everybody has his reasons. Ask a murderer why he killed; he’ll have a perfectly sound reason: “He was messing with my girl,” for example. Liars tell their tall tales for a purpose.
Lost Generations
Home is where the heart is. But history tells us that there are good times to be somewhere else. The French in 1914…the Russians in 1917…Germans in 1933.
Are we at war with China?
Tariffs, fentanyl, the Straits of Hormuz, Canadian steel quotas and the EU admitting “Trump is right” all mean one thing: the West is finally taking on China.
