Prepare for capital controls – the third horseman of the Unholy Trinity’s apocalypse

According to an economic theory called the Unholy Trinity, governments can only ever have two of the following three things: pegged exchange rates, independent monetary…

Is it time to “Buy, Buy, Buy” the stock market?

The bad news is becoming an all-encompassing blur. The new government’s budget is copping the blame for absolute carnage in the financial markets. We’ve hit…

How to turn an inflation crisis into a financial crisis

Yesterday we looked at why the government’s policies won’t resolve the energy and inflation crisis. Well, they could, but only by creating bigger problems elsewhere.…