The Perilous State of America’s Republic If the United States cannot, in Lincoln’s words, «bind up the nation’s wounds,» and re-emerge as a strong democracy, the end of Western Civilization is in sight. Americans should know how perilous their democracy has become. The majority of Donald Trump’s voters already believe […]
A few weeks ago, British philosophers Ian James Kidd and Matthew Ratcliffe wrote about «Covidworld, our new altered reality where accepted norms do not apply.» They note how the entire planet is captivated by COVID-19 as the one and only issue of importance. And they describe the «enormous and wide-ranging […]
Gold should, in the fullness of time, continue to roughly keep up with that pace. Gold’s local peak in August corresponded with the low in real yields, at -1.08%. If Treasury bonds keep pace with inflation, it can keep gold from overheating too much, but gold should, over a 3–5 […]
How does tyranny arrive and survive? Tyranny is unalloyed evil that is pressed down mercilessly upon the unfortunate masses. In the minds of us enlightened denizens of 21st-century democracies, tyranny is the Reign of Terror in revolutionary France. To those of us who conduct real and regular elections, tyranny seems […]
To try to sell the hiked carbon tax as an answer to the economic devastation of the past year is a breathless audacity Deliberately appropriating the emotions and character of the pandemic and rhetorically slapping them on «the fight against climate change.» It is political cynicism with a smiley face. […]
The news and media establishment declared the Hunter Biden story off-limits They blocked a Watergate-sized story. They saw their “duty” as journalists as being to “not” report, not investigate, not relate a story that might pivot the election of a president. Well done, truth-to-power knights. Now we know Hunter Biden […]
But there’s a fear the market could see a bubble just like cannabis did Cannabis is only on the cusp of many investors’ comfort zones, but the family offices and high-net-worth individuals hungry for early stage, edgy investments have already moved on to psychedelics. «People see this potentially as a […]
Taihei Kobayashi has gone from sleeping on the streets of Tokyo to heading a technology startup whose market value topped $1 billion. His rags-to-riches story is among the most remarkable to emerge from a small-cap stock boom that’s minting fortunes in Japan. Kobayashi’s company, which helps startups and other firms […]
It was only a little over five years ago that Canopy Growth, the biggest pot stock based on market cap, was valued at close to $60 million. Today, Canopy’s market cap tops $9 billion. There are at least half a dozen other pure-play cannabis stocks with market caps of $1 […]
So is investment pressure on corporations. In the past week, Exxon Mobil was targeted by activist investors, as well as CalSTRS, one of the nation’s largest pension funds. «We’ve been talking about this for 20 years and some of the changes we saw this week were unlike anything we’ve seen […]