Category: Economy
How Politics Drove a Ruling Family into a Ditch
Politics and money are intertwined. With that in mind, we’re taking step back in history and delving into the fortunes and tragedies of one Irish family.
America’s Economy Is on a ‘Suicide Mission’
The US government is the largest player in the financial markets. It is the biggest spender. So when it acts irresponsibly, the consequences can be dire.
The Greatest Financial Crime of the 21st Century
It’s been 10 years since the Great Financial Crisis. That’s when former Fed chief Ben Bernanke bailed out Wall Street. Did he do the right thing?
It Feels Like 2007 All Over Again…
The latest numbers are in. Everything from job growth to GDP growth is looking rosy. But let’s not get too confident about our prospects just yet.
Will New Tariffs Spell Trouble for the Recycling Industry?
New tariffs will make it more expensive for China to import waste material from the US to recycle. Yet this comes at a time when the recycling industry is already in trouble.
How to Purge the Rot from American Finance
The state of American finance has been shaky for a long time. But now the situation is getting even more perilous because of ingrained habits.
Why Jack Ma is Giving Up His Multi-Billion Dollar Empire
Not many people regret building a multi-billion-dollar company. Jack Ma said he would rather go back to his teaching days, where he was earning US$13.26 a month.
There Was a Loud Crack. The Crowd Gasped…
Wage growth has hit a nine-year high. That sounds great. But it doesn’t take into account the destructive power of inflation, which makes us all worse off.
America’s Oil Boom Is a Fraud
Are you thrilled by booming stock prices? Well, don’t be. An expansion of debt will always lead to a contraction of debt. A crash is looming on the horizon.
How to Punish the White House ‘Traitor’
The media is caught in a frenzy. Who has ratted out the Trump administration? It’s a circus that hints at much deeper problems with the American economy.
Argentina’s Economic Lifejacket isn’t What it Seems
The Argentinean peso started diving in April. To stop the freefall, the central bank raised interest rates from 27% to 40%. Argentina now has the highest interest rates in the world.
America Is Headed to ‘Crazytown’
We used to think that President Trump would act as the Great Disrupter and drain the swamp in Washington. But that’s not going to happen now.
The Australian Economy: Death by Growth
There is a big problem brewing with the latest stats on economic growth in Australia. And you don’t need to be an economic laureate to figure it out.
Dinner with a Socialist
Not long ago, I ate dinner with a mate named Kevin. I asked him where he’d choose to live if he could live anywhere in the world. His answer might shock you…
America’s Finances Seem Fishy
Argentina is a banana republic with a high deficit and a currency crisis. America needs to be cautious if it wants to avoid the same fate.