Silicon Valley Bank’s collapse proves the US is in obvious decline
Throughout history, whenever there has been a major shift in the world, it has usually been accompanied by a single iconic event that is associated with that change. For example,…
The Federal Reserve just hijacked American democracy
You know the old joke– “Predictions are hard… especially about the future.” And it’s true, nobody has a crystal ball. But it’s astonishing to see just how horribly wrong the…
If SVB is insolvent, so is everyone else
On Sunday afternoon, September 14, 2008, hundreds of employees of the financial giant Lehman Brothers walked into the bank’s headquarters at 745 Seventh Avenue in New York City to clear…
Yikes. The Fed has still learned nothing about inflation
Last June, during the European Central Bank forum, the host asked the chairman of the Federal Reserve about inflation. The Fed Chairman responded, “I think we now understand better how…
Lessons from One of History’s Biggest Scumbags
Two weeks ago, I told you that the US government had just published its annual financial report. The government by its own admission lost $4.1 TRILLION in FY 2022. And…
How crazy is this? No one wants to own the world’s best performing industry
Benny Grossbaum was the embodiment of the American Dream. Born in London in 1894 during the reign of Queen Victoria, Benny and his family moved to New York City (through…
Biden aims to shatter record for fastest tax increase
In 1969 while testifying to Congress, US Secretary of the Treasury Joseph Barr called out 155 Americans who were not paying their “fair share” of taxes. Those 155 Americans had…
Imagine if Elon wanted Tesla stock to lose 2% every year…
Imagine if Elon Musk stood up one day and told the world, “My #1 goal is for Tesla stock to lose 2% of its value every year.” First of all,…
Making money from fire sales: the world’s first billionaire
Marcus Licinius Crassus didn’t exactly start from humble beginnings. Born into a prominent Roman family in 115 BC, Crassus started his business career as a young man with a whopping…
America is about to go supernova
On the evening of April 17, 1006 AD, a little more than 1,000 years ago, human beings from around the world looked up into the night sky and saw a…
Biden is a liar, and these financial documents prove it.
There’s hardly anything that POTUS loves to brag about more than his ‘economic success’. He is, after all, a self-proclaimed “capitalist”. Even in last week’s State of the Union address,…
Five Caribbean islands that are experiencing massive DEFLATION
There’s a war going on in the Caribbean, and it’s a brutal one. Five tiny island nations that most people can’t find on a map are locked in intense battle…
Why it makes so much sense to diversify internationally
Most people have a peasant mentality. Throughout human history, in fact, the vast majority of people never thought much beyond their tiny village, let alone traveled. But there have always…
If we’re being honest… this is the REAL State of the Union
My fellow Americans. It has become somewhat of a tradition for Presidents to stand in front of you during this annual address and claim that “the state of our union…
A Balanced Budget is Now “Irresponsible”
“Irresponsible.” That’s the word that some politicians in the United States Congress have been using this week to describe their opponents’ demands to balance the federal budget. Just imagine what…
America once again turns the other butt cheek
When the infamous British smuggler Robert Jenkins sailed past Jamaica in April of 1731, he probably thought he was home free. Jenkins had a ship full of contraband which he…