Global Economy

Inflation at an annual rate of 5 percent is not a positive, and it is certainly not falling prices. Inflation is accumulative, and this means we are becoming poorer faster.

Jeff and Bob break down this week's Davos WEF conference and consider whether global elites really have the mechanisms to impose their plans.

Unfortunately, when governments all over the world decided to “spend now and deal with the consequences later” in 2020, they also sowed the seeds of a 2008-style problem.

Unfortunately, when governments all over the world decided to “spend now and deal with the consequences later” in 2020, they also sowed the seeds of a 2008-style problem.

According to Galiani, interest equalizes present and future money. It is a means to compensate for the palpitations of the heart that a creditor must endure until the money is returned.

The global economy is entering a recession because recent unprecedented government spending has zombified hugely indebted economies and has crowded out the private sector.

Beijing must be very happy. Thanks to the "price cap," the Asian giant will secure a long-term supply at al attractive price from Russia and sell refined products globally at higher margins.

The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.