People often refer to the “perfect storm.” A perfect storm is generally understood as two or more events that are independent but converge to produce an outcome much worse than either event alone. The term is an overused cliché, and as a writer I avoid clichés whenever possible. But though rare, perfect storms do exist.
There’s nothing new about the Russian accumulation of gold bullion in their reserve position. It began in a material way in 2009 when Russia had about 600 metric tonnes of gold. Today, Russia has 2,183 metric tonnes, a stunning 264% increase in less than 10 years. Russia is the sixth-largest gold power in the
This is one of the saddest articles I’ve ever read. It’s a lament by millennials that climate change is ruining their adult lives. Never mind that global warming stopped in 1995, polar bear populations are thriving and sea level increases are only 1.5mm per year. That is about the width of a penny viewed from the side
The stock market seems to rise or fall almost daily based on the latest news from the front lines of the trade wars. When Trump threatens new tariffs and China threatens to retaliate in kind, stocks fall. When Trump delays the tariffs and China agrees to resume negotiations, stocks rise. And so it goes. It
It’s not yet official, but the White House has indicated that it is seriously considering Judy Shelton to fill one of the vacancies on the Federal Reserve board of governors, according to this article. This would make Dr. Shelton a voting member of the Federal Open Market Committee, FOMC, which is the Fed’s interest rate-setting panel.
There’s nothing new about the Russian accumulation of gold bullion in their reserve position. It began in a material way in 2009 when Russia had about 600 metric tonnes of gold. Today, Russia has 2,183 metric tonnes, a stunning 264% increase in less than 10 years. Russia is the sixth-largest gold power in the world
Just the mention of Hillary Clinton running for president in 2020 is enough to get eyes rolling on both sides of the aisle. Democrats want no part of her because she lost an “easy” election in 2016 and stuck the country with Trump. Republicans are even more derisive. The more activist types will probably start
The stock market seems to rise or fall almost daily based on the latest news from the front lines of the trade wars. When Trump threatens new tariffs and China threatens to retaliate in kind, stocks fall. When Trump delays the tariffs and China agrees to resume negotiations, stocks rise. And so it goes. It
The fact that China will lose the trade war with the U.S. was always a forgone conclusion. The reasons are obvious. Foreign trade is a much larger percentage of Chinese GDP than it is for the U.S., so a trade war was always bound to have more impact on China than the U.S. Also, China
It’s almost impossible to have a rational discussion about climate change. That’s not because there is no good science and nothing to debate. It’s because the “climate change” brigades ignore science and rely on ideology, intimidation and propaganda to advance their cause. Here are a few simple facts to bear in mind (all backed by
