John Keynes saw the problem ahead of time too, and proposed an alternate system called the Bancor, where an international unit of account based on gold and a basket of major currencies would be used to settle balances of trade and would be held as a central bank reserve asset. This would ...
Specifically, we looked at a video posted by Nigel Farage on X, which shows an uninterrupted view of the counter from 4pm on Christmas Day to 2pm on Boxing Day. The chart above shows the number of new members added every 30 minutes during that 22-hour stretch. What ...
When you artificially gun up an economy through habitual deficit spending (almost always calculated to obtain political goals rather than productive efficiency) you in essence incinerate the reserve/emergency capacity of the entire nation. Well done, DC. From superpower without effect...
China would suffer tens of thousands of casualties, plus similar numbers of prisoners of war, and its navy would be left “in shambles.” (p. 3) Taiwan would suffer even more. “While Taiwan’s military [would be] unbroken, it [would be] severely degraded and left to defend a damaged...
Which neither have the navy to do. Another note on China. They culled more pigs than the rest of the world has as total last year. They imported a massive amount of corn, soybeans, and anything they could to try to rebuild the pig herd. Only thing is they didn’t eradicate swine ...
Tuesday, November 12th, 2024 Now that we have re-elected President Trump for a second term to work on achieving his goal of Making America Great Again, it’s time to focus on how to rebuild America’s manufacturing industry because we can’t be great again without a strong domestic manuf...