STRAIGHT OUT OF VENEZUELA’S PLAYBOOK The following sounds like something you’d expect of Venezuela. Sadly, it is France (we double checked, just to be sure): French President Emmanuel Macron said the state will need to take control of some firms in the energy sector in a plan to bolster the country’s independence.
We can’t remember when was the last time we agreed with BlackRock’s Larry Fink, but he’s right — we’re witnessing an incredible and rapid end of globalization. This is from MarketWatch: “I remain a long-term believer in the benefits of globalization and the power of global capital markets,” said the
The following sheds some light on how delusional resource intensive the transition to the green economy is. But wait, there’s more: Despite what the pointy shoes are saying, the whole “green revolution” is anything but green. In fact, they’re bound to do the following: Destroy the environment Create shortages Destroy free markets
MEET HUGO The 1921-1923 hyperinflation in Germany and Austria was blamed on the 1918 Spanish Flu. The 202X hyperinflation will be blamed on Covid-19. History is repeating itself. For some inspiration, it’s worth revisiting one Hugo Stinnes. Hugo was a cunning bugger who became Germany’s richest man during the 1920s. Now,
This week’s issue will be a bit different than usual. We’re sharing with you an excerpt from our latest Insider Weekly that looks under the hood (bonnet, for our British readers) of the economic measures against Russia. The pundits are rushing to tell us that the way to stop Russia’s aggression is
We argued before in these missives that magazine covers are one of the best contrarian indicators out there. This time around, we take our cues from last weekend’s Super Bowl, namely the myriad of crypto ads. The fact that it was called “the Crypto Bowl” in the popular press speaks
PUTTING THE DOT IN DOT-COM If you’ve been around during the dot-com craze, you’ll remember market darling Sun Microsystems. “We put the dot in dot-com” was their marketing slogan. As it turned out, they really did put the dot in dot-com (though not in the way they’d probably hoped). This
IT’S BACK! The Big Question podcast is back! After a four-year hiatus (can you believe it’s been that long?), Chris sat down with oil analyst Tracy Shuchart (@chigrl) to discuss opportunities in energy and commodities. Tracy is an oil analyst by trade, but her independent thought and fearlessness of digging