Can the US win a Cold War with China? (Part II)
Buenos Aires, Argentina The horse has already bolted. But the stable hand hasn’t noticed, continuing to put faith in his …
The financial, economic, political and social crisis destroying Europe, the USA and Japan
Buenos Aires, Argentina The horse has already bolted. But the stable hand hasn’t noticed, continuing to put faith in his …
Buenos Aires, Argentina On the day after Christmas in 1991, the Soviet Union was officially dissolved. The great communist empire …
Buenos Aires, Argentina “That ain’t working, that’s the way to do it Money for nothin’ and your chicks for free.” …
The US economy looks like it’s in pretty good shape. But a question from a reader prompted me to think …
Buenos Aires, Argentina Heavy rainstorms swept through Buenos Aires in the past few days. Lightning flashed, thunder cracked, streets were …
Buenos Aires, Argentina Just a short note today, as I’m hopping on a plane later and heading west across the …
Question one: What causes a massive loss of faith in a country’s political and financial systems? Answer: About a century …
Just last Thursday I highlighted how Turkish stocks were approaching their 2009 lows, in dollar terms. But I also said …
Today I want to share with you a recent email exchange I had with a reader named Patrick, who I …
Global stock prices are under pressure as trade wars have come back on the agenda. US actions and rhetoric have …
Structural factors make low economic growth a virtual certainty in the US and most other developed countries. But that doesn’t …
It’s easy to get distracted by immediate developments and daily news flow. But it pays to keep an eye on …
The global financial crisis (GFC) got rolling in 2007, and the financial sky had caved in by late 2008. You’d …
Consumer price inflation (CPI) has scraped itself off the floor in the past couple of years. In the face of …
Almost 10 years ago, in May 2008, I sold my apartment in London before emigrating to Argentina. That was at …
You’d think that any coins and notes that qualify as “legal tender” would be widely accepted in the country where …