Is the US Banking System a House of Cards Waiting to Topple?
Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.
Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.
In their war against free speech, progressive governments are now denying dissidents use of the banking system.
The covid restriction machinery is being ramped up in time for fall, despite the fact that covid poses little danger.
Some Jamaicans complain that the Chinese are "colonizing" the country because of their economic success there. Actually, their success is due to entrepreneurship and plain hard work.
China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today the Communist leadership is moving back to socialism.
The vast American welfare system is imploding. Future tax revenues will not come close to meeting future obligations. Something must give.
To progressive elites, the state (at least one run by progressives) is omniscient and all-powerful. To anyone with understanding, the state is an entity usually run by gangsters.
A number of Christian conservatives are claiming that markets are as coercive as government. Try boycotting the FBI or your local police the next time they do something outrageous.
Keynes denounced monetary gold as "a barbarous relic." In the end, it will be that "barbarous relic" that overthrows the regime of paper currency.
President Biden says he is going to unleash regulators to bring more "competition" to the economy. This is an oxymoron.