The art of manufacturing a war and a financial crisis started with the Romans
Romans kept the amounts of gold and silver in the minted coins unchanged, they would not have been able to increase spending and wage more wars.
Category: Economics
The next financial crisis. Common sense matters
Close the planet for three months and you get a massive global economic downturn. You should not be a Nobel laureate in economics to understand this.
Gold means stability.
A lot of discussions in the news about the potential return to the gold standard after the collapse of the dollar or the petro-dollar standard. The fact of the matter is that central banks love booms and busts. Gold prevents them from booming and busting the markets. Gold cannot be printed from thin air. It’s […]
From monopolies to oligopolies
The events that are unfolding day by day after the outbreak of The COVID -19 have signaled to us the new economic perspective, system or order that is going to prevail and dominate in the future.
On Gold
I do not think that I would add up much to the precious conversation about the importance of gold in good and bad times. However, I strongly believe that the power of questions raises awareness which is always needed. Why humans throughout history never swayed from gold? Why do all the central banks hoard and preserve gold? Why do all investors diversify […]
2020- The great, greater or the greatest depression
Naive are those who think that the world would experience something similar to the great depression in 1929. It is going to be worse. In 1929, the planet earth did not shut down like in 2020.
The world post corona
Following WW2, a bunch of international bodies and vehicles emerge to recalibrate the world. The United Nations, IMF, the World Bank, Security Council, WHO and dollar as the world reserve currency. What would emerge after corona? I doubt peace and harmony would prevail. The evidence is the major economic crises post WW2. OPEC oil price shock (1973). Asian financial […]
Mass Psychology
One of the most startling aspects of mass psychology is that people blindly conform to accepted norms, ideas, hypotheses and thinking as right. The group ability to question gradually weakens because these concepts and ideas are already inherited as right and unquestionable. Conformity is about compliance which is very risky. It diminishes the ability to […]
Petro-dollar or Petro Yuan. Who is in the driver seat?
Without further complicating the subject, let’s get directly to the crisis of 2020. Is Corona virus collapsing the markets? The simple answer is no. It is a contributing factor to the culminating crisis. The world has known Ebola, bird flu and swine flu but none of them grounded flights, closed airports and forced full lockdowns. What […]
So goes oil, so goes democracy
They always go in tandem. Democracy promoters always choose the world’s oil and gas rich countries to spread their democracy. This secret love between oil and democracy should not stay in disguise. Wherever they smell oil, democracy promoters run fast, and they get faster if they smell both oil and gas. Libya, Venezuela, Iraq and […]
