Bastiat And The “Broken Window”
Bastiat And The “Broken Window” Authored by Lance Roberts via RealInvestmentAdvice.com, In times of disaster and destruction, a common narrative often emerges that rebuilding efforts will lead to economic growth. The idea that repairing damage and replacing destroyed goods creates jobs that spur consumption and stimulate economic activity is tempting. However, as French economist Frédéric […]
Confiscation Games: Public Expropriation Of Private Assets
Confiscation Games: Public Expropriation Of Private Assets Submitted by Brent Johnson of Santiago Capital. Executive Summary Throughout history, governments around the world have occasionally resorted to confiscating the assets of their citizens in response to economic crises, political purges, or ideological pursuits. These actions, often justified as necessary for the greater good, have frequently resulted […]
Confiscation Games: Public Expropriation Of Private Assets
Confiscation Games: Public Expropriation Of Private Assets Submitted by Brent Johnson of Santiago Capital. Executive Summary Throughout history, governments around the world have occasionally resorted to confiscating the assets of their citizens in response to economic crises, political purges, or ideological pursuits. These actions, often justified as necessary for the greater good, have frequently resulted […]
Kamunism Strikes Again: Increasing Numbers Of Americans Getting Trapped In Credit-Card Debt
Kamunism Strikes Again: Increasing Numbers Of Americans Getting Trapped In Credit-Card Debt Authored by Kevin Stocklin via The Epoch Times, Rising prices and higher interest rates are trapping many Americans in expensive credit card debt, a new report states. According to a survey released Thursday by Bankrate, a financial analytics firm, 37 percent of American […]
Halloween Chocolate Candy Bar Prices May Scare Consumers
Halloween Chocolate Candy Bar Prices May Scare Consumers With Halloween just 13 days away, consumers should expect higher supermarket prices for candy bars from Hershey’s, Nestle, Mars, and Cadbury. Cocoa prices have doubled this year due to a supply crisis in West Africa, a top cocoa-producing region, which has already impacted global production. Wells Fargo Agri-Food analyst David […]
Supreme Court Rejects Michael Avenatti Appeal In Stormy Daniels Book Case
Supreme Court Rejects Michael Avenatti Appeal In Stormy Daniels Book Case Authored by Matthew Vadum via The Epoch Times, The Supreme Court won’t hear former attorney Michael Avenatti’s appeal over his conviction for misappropriating nearly $300,000 in book proceeds earmarked for his former client, adult film actress Stephanie Clifford, known as Stormy Daniels. Avenatti represented […]
Debt Concerns Fuel Gold's Rise as Treasury Bond Alternative
As gold prices continue to rise, Bank of America analysts propose that it might become a safer investment option than Treasury bonds. This shift is attributed to increasing U.S. debt levels, potential post-election spending increases, and global economic challenges. While Treasury bonds have long been considered a safe haven, growing concerns about government borrowing could […]
Tesla Faces Another ‘Full Self-Driving’ Probe By NHTSA Over Crashes In Low-Visibility Conditions
Tesla Faces Another ‘Full Self-Driving’ Probe By NHTSA Over Crashes In Low-Visibility Conditions Tesla faces a new round of investigations by the National Highway Traffic Safety Administration, or NHTSA, following reports of four crashes, including one fatal incident, involving its Full Self-Driving (FSD) software in low-visibility conditions. “The Office of Defects Investigation (ODI) has identified four Standing General […]
Maybe Third Time Isn’t The Charm
Maybe Third Time Isn’t The Charm By Benjamin Picton, senior macro strategist at Rabobank The European Central Bank surprised nobody by cutting its deposit facility rate to 3.25% yesterday. OIS futures were virtually fully-priced for the outcome, and all 65 analysts surveyed by Bloomberg (including our own Bas van Geffen) predicted the 25bps cut, the […]
Hamas Vows To Intensify Gaza Fight After ‘Fallen Martyr’ Sinwar’s Killing, As Biden Urges Ceasefire
Hamas Vows To Intensify Gaza Fight After ‘Fallen Martyr’ Sinwar’s Killing, As Biden Urges Ceasefire Hamas on Friday has issued official confirmation that Hamas chief Yahya Sinwar was killed by Israeli forces in southern Gaza. Spokesman and Gaza head Khalil Hayya announced in a televised address that Sinwar has become a “fallen martyr”. Calling him “steadfast, […]