Monthly Archive: May 2022

Peace through Strength? Excessive US Military Spending Encourages More War

2022-05-28

by

2022-05-28

The Russian invasion of Ukraine has brought America’s foreign policy interventions under the limelight once again. Ryan McMaken argues that the US administration’s claim that countries should not have the right to a sphere of influence, implicitly addressing Russia, is hypocritical.

Read More »

Police Botched the Uvalde Standoff. Now Gun Controllers Want to Give Police More Power.

2022-05-28

by

2022-05-28

First it was Columbine. Then it was Parkland. Now, we learn that at Robb Elementary School, police officers again stood around outside a school while the killer was inside with children.

Read More »

Economic divide: how equal is Switzerland’s wealth distribution?

2022-05-27

by

2022-05-27

While the gap between rich and poor has been steadily widening in many countries, the situation in Switzerland has remained stable over the past decades, according to recent statistics. Yet while income distribution in the Alpine nation is relatively egalitarian, wealth is more concentrated in the hands of the rich.

Read More »

RRP (use) Hits $2T, SOFR Like T-bills Below RRP (rate), What Is (really) Going On?

2022-05-27

by

2022-05-27

You might not know it, but front-end T-bill yields are not the only market spaces which are making a mockery of the Federal Reserve’s “floor.” There are others, including the same money number the same Fed demanded the world (or whatever banks in its jurisdiction it could threaten) ditch LIBOR over.

Read More »

Snap Goes The Economy

2022-05-27

by

2022-05-27

“…the macro environment has deteriorated further and faster than we anticipated when we issued our quarterly guidance last month.” -Snap CEO Evan Spiegel

Read More »

Government Spending Is the Real Tax; Deficits Are a Sideshow

2022-05-27

by

2022-05-27

Many economists believe that during an economic slump government should run large budget deficits in order to keep the economy going with increases in government outlays, with the consequent budget deficit giving individuals more disposable money.

Read More »

Did Central Banks arrive at their Target Inflation Rate by Mere Fluke?

2022-05-26

by

2022-05-26

Have you ever questioned why central banks around the world target CPI inflation at 2%? One might think it would be complicated to explain the lengthy calculations, econometric-based research, and late-night debates that went on in order to come to this figure, but no.

Read More »

10 Prozent der Haushalte in der Eurozone haben Cryptocoins

2022-05-26

by

2022-05-26

Für die USA berichtete die nationale Zentralbank, dass 12 Prozent der Amerikaner Cryptocoins besitzen. Die Eurozone kommt laut der Europäischen Zentralbank auf einen nur geringfügig kleineren Wert von 10 Prozent. Crypto News: 10 Prozent der Haushalte in der Eurozone haben CryptocoinsMit dem Financial Stability Review der EZB wurde diese Zahl bekanntgegeben. Allerdings wurden die Daten zum einen nur durch eine Umfrage erhoben und zum anderen wurden...

Read More »

Why The Next Powell Pivot Will Destroy Stocks And Drive Metals And Miners Higher

2022-05-26

by

2022-05-26

“The Federal Reserve will take it to the point of maximum pain and then they’ll reverse, this is when we’ll see the Powell Pivot.” These are the words of warning from Craig Hemke, this week’s guest on GoldCore TV, interviewed by Dave Russell.

Read More »

Switzerland and Germany seek to conclude gas solidarity deal

2022-05-26

by

2022-05-26

Swiss and German ministers have agreed to negotiate a solidarity agreement to help each other with gas supply issues in an emergency. The announcement was made on the side lines of the World Economic Forum (WEF) meeting taking place in Davos.

Read More »

Almost half of the population took part in continuing education in 2021

2022-05-26

by

2022-05-26

In 2021, 45% of the population took part in continuing education. This share is relatively high, but compared with the last survey in 2016, it corresponds to a decrease of around 17 percentage points. This is largely explained by the COVID-19 pandemic. As in 2016, people attended one or more continuing education courses primarily for professional reasons.

Read More »

Another Month Closer To Global Recession

2022-05-26

by

2022-05-26

We always have to keep in mind that the major economic accounts perform poorly during inflections. Europe in early 2018, for example, was supposed to have been just booming only to have run right into the brick wall that was Euro$ #4.

Read More »

How ‘Davos Man’ hijacked capitalism

2022-05-25

by

2022-05-25

The global elite are gathering in the Alps this week for the World Economic Forum’s annual meeting. Journalist Peter Goodman, author of Davos Man, argues that these billionaires are a “separate species” who have become so powerful that they’re writing the rules for the rest of us.

Read More »

UST 2s & Euro$ Futures *Whites* Both Ask, Landmine At Last?

2022-05-25

by

2022-05-25

The 2-year Treasury right now is the key point, the spot on the yield curve which is influenced mostly by potential alternative rates including those offered by the Federal Reserve. Because of this, the market for the 2s is looking forward at what those alternate rates are likely to be, then pricing yields accordingly.

Read More »

What Could Go Right?

2022-05-25

by

2022-05-25

Our economy is not resilient or antifragile, it's a fragile sand castle of debt and denial. What could go off the cliff that hasn't already gone off the cliff? Rip-roaring inflation, check.Hot war in Europe, check. Global food crisis, check. Semi-permanent supply-chain snarls, check. Geopolitical blackmail, check.

Read More »

SNBs Maechler will not hesitate to raise rates if inflation remains outside the target

2022-05-25

by

2022-05-25

The SNBs Andrea Maechler in a newspaper article has said:The SNB will not hesitate to increase interest rates if inflation remains outside of the target.

Read More »

Russian oligarch ‘handed Swiss company over to wife’

2022-05-25

by

2022-05-25

The effectiveness of sanctions against Russia have again been called into question as it emerged that an oligarch transferred his stake in a fertilizer company to his wife. The move has apparently thwarted European Union sanctions that Switzerland also enforces.

Read More »

How the United States Conquered Inflation Following the Civil War

2022-05-25

by

2022-05-25

According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job it’s doing. That’s par for the course in recent decades. It’s the major reason the Washington sausage grinder earns so little praise. To be fair, though, let’s review an occasion when lawmakers got something right.

Read More »

“Patriotic” Church Ministers

2022-05-25

by

2022-05-25

Pope Francis is taking the leader of the Russian Orthodox Church to task for supporting Russia’s invasion of Ukraine. Francis told Patriarch Kirill not to be “Putin’s altar boy.” If only that same message had been received and understood by Catholic priests here in the United States when it was the Pentagon and the CIA that were the invaders of Afghanistan and Iraq.

Read More »

Vermögens-Bewahrung Event 17. Juni

2022-05-24

by

2022-05-24



Read More »