Donald Trump sure has a strange approach to making housing more “affordable”. He apparently wants lower costs for buyers and higher prices for owners and sellers! “I don’t want to drive housing prices down. I want to drive housing prices up for people who own their homes.” Needless to say, as […]
There are eight key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral. Indicator #1: Federal Budget Deficits The chart below shows the actual and projected federal budget deficits. It’s important to note that these projections rest on the ridiculous assumption that there will be no […]
The Donald plunged into one hell of a hornets nest when he took the bait from Bibi Netanyahu and launched an all out “kinetic” war on Iran (as distinguished from the brutal economic war Washington has been waging for decades). But now that the gasoline pump price has breached $4/gallon […]
“Whenever governments are granted power to purchase their own debt, they never fail to do so, eventually destroying the value of the currency.” – Ron Paul Let’s take a step back and look at the big picture so we can assess the US government’s financial situation, where it’s likely headed, and […]
It’s probably nothin’ according to the MAGA crowd and the Fed fanboys alike. But then again, anyone who has been paying attention to the financial metrics for more than two weeks might beg to differ. When you have the following eruption in real time, there is surely an economic earthquake rumbling ominously […]
International Man: As the world becomes more financially unstable, politically coercive, and economically distorted, how should smart investors position themselves today: not just to preserve purchasing power, but to come out of this period with more capital, more optionality, and greater personal freedom? Doug Casey: Throughout history, mankind has periodically gone through […]
Editor’s Note: Doug is a longtime member of a dinner club in Buenos Aires called The Round Table. The over 100 years old group is composed of eight Argentines, eight Englishmen, and eight Americans. Every month, one of them gives a paper on a subject they’re knowledgeable about and, after discussion, […]
International Man: The war with Iran is dominating the headlines, but what most people aren’t considering is the economics of warfare and what it means in the bigger picture. When a $35,000 Iranian drone can force the US or Israel to fire interceptors costing millions, what does that say about the […]
International Man: As inflation accelerates and the US dollar drifts toward its intrinsic value, how does that enrich asset owners while eroding wage earners’ purchasing power? Doug Casey: Inflation has always benefited rich asset owners at the expense of current earners. That’s true for several reasons. First, the earners have to pay […]
International Man: Today, the political risks are growing rapidly. Having a ‘Plan B’—a second residency, offshore assets, and a bolt-hole are crucial. But the global situation has changed substantially: immigration everywhere is more strict, and the options are becoming more limited. Is the original idea of a Plan B dead? Or […]