Here Comes the Snow
More and more countries are realising that if they want to be safe from US mischief, they need to get out from under the dollar-based international money system. They are looking for alternatives and finding them
Macroeconomics: Global Central Banks News & Highlights
Think Ahead of the Bear…
They lured the world in with massive amounts of debt over the last decade. Now imagine if they collapse the markets in one fell swoop, causing people to lose everything that they had worked for. A central bank digital currency that plugs itself into their system of tracked payments, a health passport, and personalised carbon footprint could mean the end of liberty as we know it.
Aftermath
Last week, it was announced that maths scores for nine-year-olds had suffered their biggest drop in 30 years. Two decades’ worth of progress had been erased (presumably by lockdowns…statistically, the children were never at risk from COVID anyway).
A Food Shock Is Coming
While energy is making the headlines in terms of the economic impact of the war, food supply is equally in jeopardy. It’s important to understand that food on your table is one end of a long and complex supply chain.
Bonds, Lame Bonds
Bonds — and the interest rates they reveal — tell us which way the strong undercurrents are running. They measure (indirectly) how much capital is available and (directly) how much it costs.
The Consequences of Blindingly Stupid Policies Are Becoming All Too Apparent
With the RBA expected to increase rates today, we’re told of ‘more interest rate pain’. For whom? Certainly not for those who have savings.
