Politicians have talked about debt and deficits for decades. But it was just a political hockey puck to pass around. Until Liz Truss changed everything.
Jan Nieuwenhuijs of Money Metals reveals what’s behind the gold bull market of the last two years: Project mBridge and price insensitivity of its buyers.
No doubt you’ve noticed the flurry of nuclear power news over the past two weeks. Especially when it comes to Small Modular Reactors (SMRs). But why now?
For 850 years, the UK has held a ceremony to check whether the currency of the realm has been debased. It’s called a Trial of the Pyx. And it’s time for one now.
In 2022 and 2023, vast losses in the bond market blew up US banks, UK pension funds and the UK government. 2024 has been quiet. But the losses are still there.
In net zero, governments are embarking on the costliest project in the history of humanity. And from a position of dangerously high debt to begin with.
The world’s major economies are stuck in the doldrums, or likely to enter them. This synchronisation creates an unusually high risk of a major economic crisis.
For years we’ve been warning that the transition to net zero is simply too expensive. Now that the mainstream media has cottoned on, what happens next?
For thousands of years, experts have warned us about adopting new technology. Businesses warned it’d cost jobs. And politicians did their best to stop progress.
Overindebted governments are so desperate for revenue that they’ll soon band together to auction off trade rights, mining rights and real estate… in space.
At the time, it seemed so simple. The tax cuts had blown out the budget deficit. All that borrowing meant interest rates would go up. And so bonds crashed.
It’s one big canard. But it does have a purpose. You see, the Labour government is under strict orders from its real masters. Those actually in control.
It’s easy to get along with people who have no power over you. Their opinions don’t really matter. But what happens when you introduce power into this mix?