I had no idea that things had gotten so bad. Earlier today, my wife spoke with the manager of a local grocery store because she wanted to place a large order for some canned goods. What she was told surprised her, and it certainly surprised me. The manager of this […]

So far, the current economic situation, together with the response by major governments, compares with the run-in to the depression of the 1930s. Yet to come in the repetitious credit cycle is the collapse in financial asset values and a banking crisis. When the scale of the banking crisis is […]

For many publishers, it has become normal that their older readers often preface their emails with allusions to their age. In this way, it has been indicated that when these types of readers introduce generation markers in their emails, it is generally a traffic light that means confusion in a […]

It is necessary to talk about the inescapable trap of the Federal Reserve. Regarding this, the standards for a reserve currency are known to be even higher given its status in world trade and finance. Throughout history, there have been many reserve currencies and all have eventually failed. It should […]

Distinctions between public and private markets have been gradually diminishing. Historically, public markets acted as a significant source of capital and liquidity for growing companies and their shareholders; in recent years, however, liquidity has been shifting towards private capital. Research estimates that private capital markets (comprising both private equity and […]

Finance Minister Bill Morneau’s borrowing plan may have wider consequences If economics were as exact a science as some economists might like us to think, the debate about inflation would be over. Currently, the mainstream view as gleaned from many credible economists and reports from financial journals is that inflation […]

Last month, I retweeted a comment by a contrarian writer who questioned whether racism was to blame for the spread of the coronavirus, and a close (white) friend responded to me with a well-meaning text: “I feel it is my calling to help end the oppression people of color like […]

An article was published which was posted in the Swiss magazine Weltwoche (World Week) on June 10. It should be noted that the author of the same, Beda M Stadler is the former director of the Institute of Immunology of the University of Bern, biologist and professor emeritus. Likewise, Stadler […]

Twice In One Year It is a bit hard to comprehend that twice, in the same year, I would be writing primarily the same article. In early January, I penned the following: “When you sit down with your portfolio management team, and the first comment made is ‘this is nuts,’ it’s […]

The handling of the COVID-19 crisis by the various governments in Canada has been diligent and sincere, but the goal of eliminating the virus completely as in New Zealand was always a fantasy, and now it is completely unbearable burden for the country. Unless a vaccine is uncovered soon (unlikely), […]