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Bernankeynes

Another very casual Ponzi admission goes largely unnoticed. read more…

Posted by freeman, on February 4th, 2011 | Comments are closed

This is where Lead SA goes wrong

Ownership leads to better use of resources, not feel-good slogans. read more…

Posted by JGalt, on February 1st, 2011 | Comments are closed

Global Revolution Spreads

Gerald Celente hits the nail on the head about the revolutions happening in the Arab world. Hint: it’s just part of a trend that is going truly global. The rate of spread of revolutions and revolts will be perfectly correlated with the rate of depreciation of currencies. . read more…

Posted by JGalt, on January 29th, 2011 | Comments are closed

Exposing the Gini in the lamp

The folly (and danger) of the equality fetish. read more…

Posted by freeman, on January 26th, 2011 | Comments are closed

Thoughts on Brazil’s latest FX intervention

Hint: it won’t work. Brazil’s foreign exchange intervention has unintended consequences and will not achieve the intended aim, halting the rise of the real. read more…

Posted by JGalt, on January 6th, 2011 | Comments are closed

Weakening the Rand will result in violent outbreaks nationwide

It is no coincidence that the Xenophobic outbreaks happened in May 2008 when CPI inflation was breaking above the 10% mark. read more…

Posted by JGalt, on January 5th, 2011 | 4 comments - (Comments are closed)

Yip, we run the biggest ponzi in the history of the world says Obama aide

If we can’t borrow to pay off lenders, well, then we’re broke says Chairman of Obama’s Council of Economic Advisers. read more…

Posted by JGalt, on January 5th, 2011 | One comment - (Comments are closed)

Social Engineering and its Consequences

The few will always try to prescribe the way to the many. They must be stopped, but for that to happen the many need to wake up! read more…

Posted by freeman, on January 3rd, 2011 | Comments are closed

Venezimbabwe

The race to the babwe! read more…

Posted by freeman, on December 31st, 2010 | Comments are closed

A 20 hour work week would be common in the free market

Instead, government leeches off our productivity which keeps us working longer. read more…

Posted by JGalt, on December 14th, 2010 | Comments are closed

Current account-ing is totally arbitrary

And tells us very little about the real economy. read more…

Posted by JGalt, on December 9th, 2010 | Comments are closed

Human Action and Intellectual Property Rights

We all need knowledge to act upon real scarcity with success to achieve our desired goals. Taking patents and copyrights to their logical conclusion means every human action should be preceded by a lawsuit, a fine or license fee to the IP holder, terms and conditions of use, or outright banning and prohibition of the action itself. In short, a miserable, wretched world. read more…

Posted by freeman, on November 26th, 2010 | Comments are closed
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