Category: Global
The Two Things Buffett Can’t Buy
A 5% return in a single year may be acceptable. Spread it over two years and it becomes only 2.5% — barely equal to inflation.
The Next Crisis We Have Will Be a Currency Crisis
For most people, money is just money. But I believe we’re standing on a precipice for this current system of money.
‘It’s Not God’s Fault. It’s Man.’
We saw last week that the biggest burst of stimulus in the US — $3.6 trillion of quantitative easing (QE), negative real interest rates for 10 years, and deficits of $11 trillion — brought the weakest recovery ever.
What History Teaches Us About Socialism
Both outright socialists and capitalist reformers have more or less the same goal — to bang, bend, and bamboozle the world into a shape that is more pleasing to them.
‘It’s Disfigured, But Still Standing’…
A sad day in Paris. In this, the holy week of Christendom…one of its most sacred and beautiful monuments caught fire.
What Are the Smartest Minds in Finance Thinking Right Now?
I’ve been extremely lucky to go on this mission. My aim: to gather as much information from some of the best minds in finance today.
It Was a Dangerous Trail… But We’re Used to Danger
Yesterday, we visited one of our distant ‘puestos’ (outposts). There are five or six of them scattered across many thousands of acres of desert, mountain, and valley.
Crash Alert
The next recession is coming fast. And based on the early data I have, it looks like the Doom Index will hit ‘8’ in our official reading this quarter.
Once a Gaucho…Always a Gaucho
This week, we got a surprise. Eight gauchos rode up, after crossing over the pass from the high ‘puna.’ They dressed in traditional regalia.
Could China Seize This Italian Port? — Lessons for Investors
It was a shock last year when the Morandi Bridge collapsed. It highlighted a big problem for Italy: the need to invest in aging infrastructure in an indebted nation.
What’s Your Perception of the Markets?
The truth is there are a number of things happening in the world now to be worried about. But you can’t let it get you too down. What’s easy to forget is the wonderful opportunities that still exist for people.
Three Reasons Why America Can’t Get a Grip
Show us the politician who wins the White House by promising to cut the voters’ benefits, raise their taxes, and end military boondoggles all over the planet? He doesn’t exist.
Firebombs in Paris
Taxes, tariffs, regulations – they’re all ways to transfer wealth and power from the common man to the elite who control the government.