China has just taken another decisive step toward the future of money, and once again, the West is pretending this is simply about “payment efficiency.” The People’s Bank of China has now expanded its digital yuan program by adding 12 additional banks, bringing the total number of participating institutions to 22. China […]
The latest IRS data makes one thing clear. The United States is undergoing a massive redistribution of wealth between states, and it is being driven almost entirely by tax policy. California lost $11.9 billion and New York lost $9.9 billion in income in a single year, while Florida gained $20.6 billion. […]
What Iran is doing right now is something we have seen repeatedly throughout history whenever a currency begins to die. Governments start issuing larger and larger banknotes because the existing denominations no longer function in daily life. This took place in the Weimar Republic hyperinflation, where trillion-mark notes were printed, […]
Seabed 2030 is a global initiative launched in 2017 by the Nippon Foundation and GEBCO, operating under the International Hydrographic Organization and UNESCO’s Intergovernmental Oceanographic Commission, with the stated goal of mapping the entire ocean floor by 2030 and compiling that data into a single global grid, drawing on governments, […]
What is unfolding in the UK bond market right now is not about inflation alone, and it is not simply about interest rates. This is the type of move that signals a shift in confidence, and once that begins, it feeds directly into liquidity conditions across the entire financial system. […]
President Donald Trump on Monday said the United States has engaged in “very strong talks” with Iran and reached “major points of agreement” that could end the war, which Iranian officials have firmly denied.He then claimed that Steve Witkoff and Jared Kushner spoke with a leader in the Iranian regime […]
It is being reported that Trump has delivered an ultimatum to the Gulf States that “If you want the war to continue – 5 trillion dollars. If you want it to end – 2.5 trillion dollars.” Omani journalist and international relations researcher Salem Al-Jahuri, on BBC Arabic, confirms reports of […]
The advantage of having offices around the world is that this also provides us with boots on the ground for first-hand accounts. We are getting from our Thailand office that there is “no gasoline here. Up North lineups for diesel. I tried to fill up a bike, no gasoline available. […]
What we are witnessing in Cuba right now is the same failed policy recycled once again, dressed up under a different administration, with the same predictable outcome. The power grid collapsed, millions were left in the dark, food supply chains broke down, and the government blamed the United States while […]
Canada’s housing market has become one of the most expensive in the developed world, and the affordability crisis continues to worsen despite rising interest rates. Mortgage payments as a share of household income are now near record levels, leaving many first-time buyers completely priced out of the market while existing homeowners […]