Like the American left the globalists never let a crisis pass without attempting a power-grab.
When I worked in U.S. Embassies in various third-world countries, the term "informal economy" was bandied about to describe a market sector that was not submitting to the taxation and regulation of the individual countries.
In this week's pick of energy and commodity charts to watch, super tankers are in high demand to store oil while prices remain at historic lows.
Crude prices are plunging early in Asian trading with Brent down 12% following a delay to the much-hoped-for OPEC+ meeting (due tomorrow, Monday, but now pushed off until Thursday).
An obviously better solution than sinking the world economy into a great depression is a greater use of "laissez-faire".
Are countries trying to dump US treasuries? How so?
And just like that, it was gone!
In 2017, the British billionaire Richard Branson agreed to cut his stake in Virgin Atlantic Airways Ltd. to just 20% by selling one-third of the airline to Air France-KLM.
How Finland Balances Climate Change and Economic Growth One of the world's best-funded welfare states is starting to crack as the fallout of the coronavirus triggers mass unemployment.
How Gullible Politicians Promoted the Destruction of the Global Economy and Threw Us into the Abyss of Serfdom
Long-held investment equations are all changing. The laws of financial physics are not as unchanging as we think.
The Federal Reserve is acting as central banker to the world by seeking to provide the global financial system with the dollar liquidity it needs to avoid seizing up.
As much as I hate to invoke The Ayn Rand lest I give off the impression I'm some kind of Objectivist, which I am most certainly not, the engine of the world is coming to a halt.
"You better tuck that in. You're gonna' get that caught on a tripwire." " Lieutenant Dan, Forrest Gump
Two of Europe's largest banks tumbled on Wednesday, dragging down the broader Eurostoxx Bank Index, after they joined the rest of their peers in suspending shareholder payouts.
Another day, another trillion dollars.
The Austro-Hungarian krone had a far bigger international presence than the U.S. currency in 1914. The coronavirus could be another Sarajevo moment.
Over the past week, I have taken my bullishness on tankers from level 10 to 11.
Central bank free money doesn't create collateral or creditworthy borrowers, and without those foundations, the decayed, rotted shack will collapse.
There's Powerful Evidence this Great Panic Is Foolish, Yet Our Freedom Is Still Broken and Our Economy Crippled
One month ago we reported that "China Faces Financial Armageddon
COVID-19 is expected to produce a global recession depression as nearly all of the world's major economies have ground to a halt between February and March, expected to continue through April.
The Age of Terror was inaugurated with a series of controlled demolitions in New York City on September 11, 2001. Now the world is being led into the Age of Biological Terror with a controlled demolition of the economy that is already causing unprece