Stay Up To Date
Critical Topics We Cover
The big story over the last few days has been ‘reopening the economy’. And that’s certainly a nice idea. Countless people have been living in despair over the last month, and the prospect of everything going back to normal soon feels really great. I certainly hope for the best. But
By the mid-6th century BC, Darius the Great was ‘King of Kings’, ruling over the vast Achaemenid Empire. By that time, gold and silver had already been in use by earlier civilizations for thousands of years. There are cuneiform tablets that are nearly 4,000 years old from ancient Sumeria which
In the words of Rahm Emanuel, former Chief of Staff to Barack Obama, “never let a good crisis go to waste.” Emanuel first said this during the 2008/2009 financial crisis… meaning that politicians can use a crisis as an opportunity to push through radical ideas that would otherwise never be
Well, it’s official. Bernie Sanders dropped out of the US Presidential race yesterday. This leaves Joe Biden– a career politician with obvious signs of dementia– as the presumptive opposition candidate. To be clear, I’m not making light of Biden’s mental health. Tens of millions of people around the world suffer
I think one of the funniest movies of the 1980s was Brewster’s Millions. In the movie, Richard Pryor plays Monty Brewster, a minor league baseball player who finds out that he is in line to inherit a vast $300 million fortune. In order to inherit the money, though, Brewster must
In the early 1980s, doctors and medical researchers around the world were confounded by the growing number of young, otherwise healthy patients who were dying of rare infections that typically only occurred in people with very weak immune systems. The situation was so alarming that the CDC in the United
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity… and on occasion, poetic justice. Street Gangs enforce lockdowns in Brazil Last week we highlighted how Brazil’s president claimed
By the mid 1300s, the Republic of Florence in modern day Italy had experienced one of the greatest economic booms in human history. In less than a century, Florence had grown from a tiny, irrelevant backwater to become one of Europe’s largest cities and preeminent financial center. The expansion was
First thing’s first– I screwed up. Yesterday I wrote to you about the US government’s initiative to loan money to small businesses, and I was wrong about an important detail. I said the maximum amount of the loan was equal to 2.5x a company’s annual payroll expense. That’s incorrect. The
[Editor’s note: this article was corrected on 30 March 2020; the proper way to calculate your loan is based on your average monthly (not annual) payroll multiplied by 2.5] As you’ve probably already heard, the US government unleashed a giant tsunami of money on Friday, passing a $2 trillion stimulus
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity… and on occasion, poetic justice. Alcohol to go: Why wasn’t this always a thing? You realize how absurdly micromanaged
Yesterday the Chair of the FDIC released an astonishing video asking Americans to keep their money in the bank. Accompanied by soft piano music playing in the background, the official said: “Your money is safe at the banks. The last thing you should be doing is pulling your money out
Stay in the loop
