We had spent the day before Thanksgiving splitting firewood. All day, we loaded the logs — oak, locust, cherry, and poplar — onto the splitter. Once split, the fire logs were stacked in the barn.
On Friday 22 November, US debt hit a new record – $36 trillion. There was also this little news item last week – Reuters: “Putin says Ukraine war is going global”.
The best case is a boom. Like the one set off by Ronald Reagan in 1980. But if there’s a best case, there’s also a worst case. Today, we begin looking for it.
The latest cables to fall victim are Baltic links between Finland, Germany, Lithuania and Sweden. Again, a Chinese vessel is at the centre of the story.
What if Trump is just the beginning? A series of elections are set to take place in 2025. And they could leave Sir Keir Starmer marooned on a leftist island.
Our investment director John Butler is on the record as having predicted a sizeable Trump victory. Not only has Trump won by a huge margin; he appears to have held the Republican House majority and even to have flipped the Senate. What might this mean for the financial markets? In this interview, John offers some insights.
The BRICS sound like the original United States – a confederation of independent, sovereign states, rather than the more modern version of the centralised US.
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.
The candidates are like two drunken bus drivers, each racing to the same washed-out bridge. One may do a little better job of staying in his lane, but...
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.