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 …
How Russia and China overtook the West
For the past year, Nato countries, led by the US, have strived to nudge the rest of the world into providing military aid for Ukraine and sanctioning Russia, in the hope of isolating the latter. They have, by and large, …
Interview 1791 – Crypto Contagion Banks Get the Runs – #NewWorldNextWeek
This week on the New World Next Week: Silicon Valley Bank gets a case of the runs as the world careens toward the CBDC nightmare; the NED is up to its old colour revolution tricks in Georgia (again); and the …
Interview 1790 – James Corbett Dispenses White Pills on AM WakeUp
via Slow News Day: James joins Steve Poikonen, aka SlowNewsDay on the AM WakeUp to discuss the madness in the banking sector; the potential for the peer-to-peer economy to replace the centralized, global, industrial economy; and how we can recognize …
The tyranny of digital currencies
Should we really be surprised that the Treasury and Bank of England are exploring whether to launch a state-issued digital pound? Sunak, after all, was the chancellor who first floated the idea of backing a central bank digital currency (CBDC) …
Did the West impose austerity on Africa?
The 21st century was supposed to belong to Africa: it heralded the start of the “Africa Rising” era, when the continent seemed destined to enjoy an extended period of economic growth and rising incomes. Two decades later, however, that narrative …
Will rural China survive the Covid wave?
As Chinese New Year approaches, there is apprehension in a part of China often overlooked by overseas news reports: the countryside. China’s now-abandoned Zero-Covid policy was always more focused on urban areas; locking down apartment blocks in Shanghai or smartphone …
The paradox of Degrowth Communism
One might think that the arrival of the planet’s eight-billionth resident — a title symbolically awarded to Vinice Mabansag, a baby girl born in the Philippines — would be cause for celebration. Amid a sharp drop in the global fertility …
A boomer Budget from Jeremy Hunt
After nearly two decades of stagnant wages, lethargic economic growth and public service atrophy, Britain has been prescribed more of the same. After yesterday’s Autumn Statement, we are set to have the punitively high taxes of southern Europe, the leaden …
How BlackRock Conquered the World – Part 1: A Brief History of BlackRock
Over the course of this investigative series, you’re going to get a crash course in the creepiest company you’ve never heard of.
The post How BlackRock Conquered the World – Part 1: A Brief History of BlackRock first appeared on …
The bankers have launched a class war
When the Bank of England announced its single biggest interest rate hike in 33 years last week, and warned that the UK faces its longest recession ever, it forgot to mention one important detail. It’s the actions of the Bank …
Why Truss’s gamble failed
Shortly before the Government’s ill-fated budget, I had coffee with a Conservative MP who was keen to stress that the Tory party was heading towards disaster. It isn’t going to work, the MP told me, likening Truss’s breakneck dash for …