With the devastating impact and lessons learned from the 2007-2009 economic downturn still fresh on the minds of Wall Street, the current COVID market crisis has drawn a fair amount of comparisons to the Great Financial Crisis.
1) Big top, 2) Big not, 3) Big contrarian, 4) Big tells, 5) Big levels, 6) Big events, 7) Big inflation themes, 8) Big deflation theme, 9) Big dilemma, 10) Big change.
Iran has been building this case for the use of bitcoin to evade U.S. sanctions for years. This is a strategic move, not a fly-by-night operation like Venezuela’s Petro...
With roguish charm and sophistication, Connery inaugurated the long-running James Bond franchise with 1962’s Dr. No and remained the prototypical "Bond" for decades, even - for many - until this very day.
With its systemic exposure to the Eurozone, sterling is likely to be a casualty of the failure of the euro system and shares the monetary hyperinflation characteristics of the dollar...
...because a system of democracy is at every moment of its existence defined by the character of its citizenry. Democracy only exists if it is upheld, and if a citizenry fails to do so, it renders itself defenseless to an ever-creeping tyranny.