Birds, Bees & AI
Are we there yet? Do our cars fly? Have we cured cancer and obesity? Are our politicians still scoundrels? Do we still grow old and die? Maybe not, but we still fall head-over-heels from time to time.
Macroeconomic News: Insights into Economic Trends and Developments
An Era of Low Returns Awaits…Are You Prepared?
The 20th century was one of great changes and advancement…especially from 1950 onwards. In the history of human progress, there was never a better time to be alive. A rising tide of prosperity lifted all boats. Sadly, we’re witnessing the demise of the middle class. In view of strong headwinds — technology and increased competition from the Asian economies — it’s unlikely we’ll see a return to the stellar growth rates of yesteryear…
Will the US Default on Its Debt? — Part Two
The debt ceiling is really a political football rather than a serious macroeconomic policy tool. In the end, Congress always approves the ceiling increases. In a way, the debt ceiling debate is all for show.
Why the Latest Bank Crisis Is Far From Over
2022 saw an unprecedented crash in bond markets. I spent much of the year wondering which financial institutions would implode as a result. That process finally began with UK pension funds in September 2022. US banks are the latest victims. Banks around the world are next.
Our Response to Mr Kennedy (cont)
In a better world, the Fed would be disbanded. After all, the idea that a group of greying lawyers and economists can set interest rates for a US$24 trillion economy is pure fantasy. Neither theory nor experience supports it.
Pulling Back the Curtain of Deceit
The constant exposure of lies and deceit by the authorities aided by the complicit media has reached a threshold. Some of you may be seeing reality differently thanks to a healthy dose of scepticism. The tide is shifting here. Those in power don’t want to give away their control…but they may have no choice. This is why you need to prepare now.
