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...above all, it would be a mistake to think it cannot happen, nor that it will be a long process giving us all plenty of time to plan. The final flight out of paper marks took approximately six months. Law’s scheme took slightly longer to destroy his livre...

More evidence of US container import strength

The rate on this generous taxpayer-funded bailout facility: Libor + 350bps.

"...trying to preserve our financial firepower." 

Basic income has been piloted and experimented on all around the world - but with a mixed bag of results.

According to the World Bank, the global economy could ultimately shrink 5.2% in 2020 - the deepest cut since WWII.

"Last week, New Jersey adopted a millionaires tax, and a ballot measure in Illinois calls for raising taxes on the wealthy."

Time to stock up on the good stuff...

"The question now turns to whether the economy’s strong performance can be sustained into the fourth quarter."

The Liberal Government of Canada may introduce significant new spending programs in the upcoming Speech from the Throne, setting a precedent for other countries to implement similar programs.

After a bout of inflation and "socialism-light", we could end up with even more extreme inequality when the whole rotten structure collapses.

Americans increasingly believe the country has turned the corner after the spike of infections this summer.

"Home sales continue to amaze, and there are plenty of buyers in the pipeline ready to enter the market,"

"I’ve never been jealous of Jersey before"

New lockdowns could be the black swan that many market participants fear and ignore as an inexistent option...

Main Street loans may not be the right solution for some businesses, in part because the CARES Act states clearly that these loans cannot be forgiven...

A Fed chair appointment would be even better...

“The economy is in free-fall, people are losing their jobs, they’re depressed.”

...production will continue to stagnate no matter how many trillions the Federal Reserve prints and throws around...

Colleges brace for impact of final tallies & impact on tuition revenue...