The post-9/11 era has seen a dramatic loss of liberties and freedoms that previous generations took for granted. And we’re now seeing a new generation of students graduating high school whose entire lives have been lived in this “new normal,” in which the government spies on everyone and attempts to punish those who dare question […]
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The latest left-wing lunacy out of San Francisco shouldn’t be all that surprising given the city’s continual leftward bent. In a recent vote, the San Francisco Board of Supervisors decided to declare the National Rifle Association a “domestic terrorist organization.” In doing so the Board just entrenched its position as a laughingstock of the first […]
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Record-low interest rates over the past decade have spurred a huge amount of new debt issuance. From the federal government to major corporations to American households, American indebtedness continues to climb. And now it’s beginning to reach another level of absurdity as the Treasury Department has announced that it is looking into the possibility of […]
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Nothing has buoyed the performance of stock markets more over the past couple of years than stock buybacks by major corporations. With interest rates still at near-record lows, corporations are issuing debt like never before in order to raise money to buy back their stock. That results in higher earnings per share, a key factor […]
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Coinbase is perhaps one of the best-known cryptocurrency exchanges to most Americans. But the company was just recently the target of a very sophisticated and long-developing hack attempt. Using various methods to develop an attack, hackers sought to penetrate Coinbase and ultimately make off with significant amounts of cryptocurrency. Thankfully the hack was detected and […]
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It’s no secret that the United States government is in terrible financial shape. The national debt stands right now at $22.5 trillion, and most forecasts for future debt growth expect federal deficits to continue adding about $1 trillion per year to that total. But there’s a pretty ominous tipping point that’s coming up really soon […]
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If anyone today is familiar with the ducat, it’s likely through reading novels from the 19th century or Shakespeare’s The Merchant of Venice. The ducat, once a common gold or silver unit of trade, has long since been superseded in most countries as a monetary unit. But despite its seeming obsolescence, the ducat remains in […]
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The four female Democratic Congressmen known as “The Squad” have been darlings of the mainstream media ever since their election last fall. The four, Rep. Ilhan Omar (D-MN), Rep. Rashida Tlaib (D-MI), Rep. Alexandria Ocasio-Cortez (D-NY), and Rep. Ayanna Pressley (D-MA) have become the new face of the radical left in the US. But while […]
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One of the signs that many market analysts look for to evaluate the chances of recession is an inverted yield curve. The yield curve is created by graphing the interest rates of Treasury securities. Normally the slope curves upwards, as yields increase for the longer maturity Treasuries. But during times of market turmoil and recession […]
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Ever since Bitcoin’s meteoric rise to prominence in 2017, the cryptocurrency world has been full of imitators attempting to mirror Bitcoin’s performance. But Bitcoin has done as well as it has precisely because it was unique, disruptive, and filled a niche that was underserved. Other cryptocurrency imitators don’t bring anything new to the table, in […]
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