In early August, thousands of Kenyans queued up in Nairobi to have their eyeballs scanned by an ominous silver orb, in a Faustian bargain with Open AI chief, Sam Altman. In exchange for handing over their biometric data — or, …
Marx’s vision of inequality
It is often assumed that Marx was an egalitarian thinker. This is done, I believe, not through reading Marx (few people do it) but by applying a simple extrapolation. According to this common, and somewhat naive, view of the world, …
How Vanguard Conquered the World
So what is The Vanguard Group? Where did it come from? What does it do? And how does this financial colossus fit into the overall BlackRock/ESG/Net Zero plan for the future of the (controlled) economy? Good questions! Let’s roll up …
Biden’s IRA hasn’t saved America
The Inflation Reduction Act was supposed to be “one of the most significant laws in our history”. When Joe Biden signed it into law last year, he heralded it as proof that “the American people [had] won and the special …
The impossible truth about Afghanistan
In “The Impossible Fact”, the 20th-century German poet Christian Morgenstern tells the story of an academic who undergoes a traumatising experience. He staggers home, wraps damp cloths around his forehead and collapses into his armchair to process what has happened. …
Digital oligarchs have weaponised the banks
The debanking of Nigel Farage demonstrates the power of a law that is already being enforced without having been formalised. Found guilty of crimes by state censors, secret committees of bureaucrats, or inscrutable algorithms, individuals can be disconnected and de-personed …
How Coutts destroyed capitalism
It began, as crises tend to, with the promise of convenience. Say you will make someone’s life easier, at no apparent cost to them, and you will win their attention. Fulfil that promise, and you will win their favour. Over …
How PwC captured Australia
PricewaterhouseCoopers claims it was created to fulfil one purpose: “To build trust in society and solve important problems”. Inevitably, its mission statement contains a list of platitudes explaining how it hopes to achieve this; among them is the insistence that …
The Bank of England is sacrificing workers
When Britain’s brightest economists gathered last week, they set themselves a straightforward task: to decide what to do about the UK’s high rate of inflation. Eventually, after much brain-racking, they came up with a solution: to crash the economy.
It …
Why Britain can’t control inflation
“We are living in an expensive and increasingly poor country,” thundered The Guardian‘s political editor, furious at the crumbling state of the nation unable to pay its workers properly. “It is not much use lecturing people about paying themselves more …
The capitalists are revolting over China
After marshalling Europe in its proxy war against Russia, America is now determined to repeat this success against China. Here, the consequences for Europe could be even more significant than the economic shock of the past year. Yet, despite a …
America’s fake bankruptcy crisis
Economic Armageddon, we were told, was only a few days away — possibly even as soon as Thursday. It would be, warned US Treasury Secretary Janet Yellen, “an economic and financial catastrophe”. Was the panic justified?
It seems not. After …
Germany’s car industry has a libido problem
Growing up as a German kid in Britain in the Seventies and Eighties, one of the things that left a lasting impression on me during our annual visit to my German grandparents was sitting in the back of their Mercedes …
Miami’s crypto dream lives on
When a charging bull statue was unveiled at a Miami cryptocurrency conference last April, it was supposed to be a futuristic homage to the Wall Street beast. which represents financial might. The unnerving tribute, based on Transformers robots and paid …
Party Like It’s 1907
I have an email interview to present to you. It was conducted by Graham Smith, founder of Voluntary Japan, and posted to Bitcoin.com last week. It’s a more in-depth look into the latest banking shenanigans, the historical parallels that can …