Years (actually decades) ago I lived in a New York University grad student dorm that housed mostly elite kids from other countries. Sons of African
Between that Russian plane being taken down by a soda can bomb and the recent Paris attacks, travel is losing some of its appeal. Last
Today’s financial world is a tough place for the average person but paradise for rich guys. As easy money raises asset prices, the owners of
This weekend’s Paris attacks, occurring in the middle of one of history’s largest mass-migrations, has the feel of uncharted territory. But it’s actually an eerie
The big retail chains are generally seen as pretty good barometers of the health of “the consumer.” And since — in today’s late-cycle debt-binge pseudo-capitalism
Some recent stories from, of all places, Texas, offer the first clear glimpse of the coming energy revolution. The short version: Combine wind at night,
Portugal has entered a phase change, with potentially huge ramifications. After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties,
Let’s start with the latest on the global descent into negative interest rates: Fed would consider negative rates if economy soured – Yellen (Reuters) –
Everybody who’s owned gold and silver mining shares through a couple of cycles has their favorite story of the stock that took off and ran
Wow. Portugal just did something extraordinary. In its most recent election, parties of the left — anti-austerity, anti-business, mistrustful of the euro and other extra-national
New Age monetary policy has begun to resemble the form of insanity in which a patient repeats the same behavior while expecting a different outcome.
If you ignore their recent volatility, the financial markets are painting a fairly happy picture. The S&P 500, for instance, is closer to its 12-month
The UK’s Guardian newspaper, of Edward Snowden leaks fame, just published a good overview of the world’s recent financial missteps titled The world economic order
What’s the opposite of a gift that keeps on giving? A mistake that keeps metastasizing. Which pretty much sums up the US role in the
Or: Gold Miners’ Doom Is Streaming Companies’ Boom. The gold and silver miners are in crisis, as metal prices hover around break-even for many and
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