President Trump has come under fire recently for his decision to pull US troops out of northern Syria. The decision has left Kurds in the area vulnerable to attack from Turkish forces. Politicians from across the aisle have come out swinging against Trump, berating him for leaving our Kurdish “allies” vulnerable. But Trump’s decision was […]
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The biggest bubble in the United States today is also the one that hardly anyone knows about, recognizes, or cares about. It’s well known that the response to any financial crisis is to take action to ensure that such a crisis doesn’t occur again. But that means that we’re always fighting the last war. So […]
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One of the hallmarks of the mid-2000s housing bubble was the widespread popularity of house flipping. From TV shows such as Flip This House to seminars devoted to teaching people how to flip houses, house flipping entered the mainstream. With cheap credit available through the banking system and real estate prices rising continuously, the idea […]
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A contributing factor to Bitcoin’s meteoric price rise in late 2017 was the hype surrounding Bitcoin futures. Both the Chicago Mercantile Exchange (CME) and the Chicago Board of Exchange (CBOE) began offering Bitcoin futures contracts in late 2017. That enhanced ability to trade Bitcoin made huge waves and helped to establish the fact that Bitcoin […]
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To younger workers the idea of a pension hearkens back to days gone by, when employees spent their entire career with a single company from first hire to retirement. In the modern workplace, with workers ready to jump from company to company in search of better pay or benefits, the idea of a pension seems […]
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The 1960s were a turbulent time for both gold and silver. With an increasing amount of money printing by the US Federal Reserve, market prices for both gold and silver began to increase substantially. While governments were able to maintain gold’s official price somewhat during the ‘60s, silver was another story altogether. Successive governments had […]
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Californian power utility Pacific Gas and Electric (PG&E) is a company that is damned if it does and damned if it doesn’t. The company provides power to over 16 million customers in the northern two-thirds of California. It was widely blamed for destructive wildfires that struck northern California in 2017 and 2018, some of which […]
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One of the things for which Switzerland is best known is its militia system. Surrounded by mountains, the country has natural defenses against aggression. But sitting surrounded by traditional great powers Italy, France, Germany, and Austria, Switzerland has had to jealously guard its independence lest it be annexed to one of those other countries. The […]
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With an intensifying trade war with China, volatility in stock markets, and a yield curve that inverted months ago, all the signs are there that the economy is on rocky footing and heading towards a recession in the near future. But despite all those negative signs, many market analysts continue to point to the job […]
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By now most people realize that we live in the era of “woke” capitalism. Businesses will trip all over themselves to demonstrate how supportive they are of the latest idiocy embraced by social justice warriors. Whether it’s the right of men pretending to be women to use the bathroom of their choice, the right of […]
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