Today, we turn our heads, looking back…trying to learn from our experience in Argentina. But we begin by noticing changes in the US. TIME Magazine, for example, was once respectable and intelligent. Now look at it: ‘We Have Put Individualism Ahead of the Common Good for Too Long’
After devoting recent issues of The Daily Reckoning Australia to topics such as US politics, the Federal Reserve, the situation in Ukraine, and even the threat of nuclear war, Jim Rickards comes to the biggest and most complex topic on the geopolitical landscape today — China. Today, Jim discusses how China has fallen victim to what economist call the ‘middle income trap’…
ASX edges higher. US bank stocks report earnings. Netflix subscriber growth slows.
ASX edges higher. US bank stocks report earnings. Netflix subscriber growth slows.
Oh, how the world wants to be deceived. And when it comes to deception, there’s none better at it than Wall Street. If you believe the hype, there is never a bad time to invest. Shares always go up in the long term. But very few stop to ask: What’s propelling those prices higher, and can it be sustained? Fortunately, there are some in the investment business who are real thinkers and want to share their wisdom with the investing public…
One of Australia’s fastest growing start-ups, MIlkrun, shuttered last week. It attracted a lot of investor attention. Big players were involved. But Milkrun’s fast growth came with high costs. The firm was losing $13 for every fulfilled order. So what does this tell us about investing and placing big bets? How much risk should you be willing to take on? Read on for more…
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