A Black Friday Call it a black Friday or what you will, the events that unfolded on the 24th of June 2016 would remain an enigma in the minds of the millions who voted and those across the Globe who watched in awe as history was rewritten 43 years after Britain was officially signed in as a part of the Eurozone. Almost immediately after the landmark outcome of the referendum came to light,...

Bitcoin is a payment system invented by Satoshi Nakamoto who released it in 2009 as an open-source software. Claims to the identity of Nakamoto have never been verified, but the Bitcoin has progressed from obscurity to the largest of its kind, a digital asset now being called the 'cryptocurrency'. The most significant characteristic of Bitcoin is that unlike conventional and traditional printed...

Proponents of a minimum wage increase say it will not affect jobs, corporations or small businesses adversely. Well, I suppose that a slight increase in minimum wage wouldn't and it might keep the masses happy, but it won't be a net positive, every little increase will affect businesses, profits, capital investment and jobs. Let's talk a little bit about economics 101 and then let me light a...

You'd think that with all the hollowed-out political promises made at the 2016 DNC that the Democrats would be trying to curtail spending on other things and trying to find some way to at least deliver a tenth of what they've promised - not so. The funny thing is that whenever government promises something it takes 5-times as long to come to fruition than anticipated and it costs 4-5 times as...

Our Federal and State Governments keep growing and seem to be involved in all aspect of human life on Earth, often to the point of absurdity. Most people actually believe that expansion of the government makes a more safe and stable economy, environment, and society - but that is a fallacy. Our government seems to want to rule the world, save the planet, and control everything, heck, you'd...

No matter that Global Warming is only a theory, the IPCC wants to hijack international trade, shipping, energy, transportation and anything else these elite global socialists can get their hands on. A few of the IPCC's most outrageous leaders actually blame capitalism for being too efficient and creating too much 18moa abundance and thus using too much energy and using up too many resources as...

Former Morgan Stanley Chief Asia Economist, Andy Xie says that the world's elite who are present in G7, G20, Davos and other wasteful meetings are at fault in putting the blame for the turmoil on people's psychology. It only leads to a prolonged period of global stagnation and instability. The global economy is on the edge for another recession. However, important people make it answerable to...

Many look at China's Rise (economically) and suggest that their state-run capitalism is a superior model. I completely disagree, such methodologies and strategies will never be as efficient long-term as free-enterprise and free markets - short term however, it may look good on paper or economic statistics granted. We need not copy China to compete with them, they did not find a better model...

With any sports team, you're only as good as your players. In professional sports, that usually means one or two all-star players with talent around them. But if you remove the one or two all-star players... like LeBron James from the Cleveland Cavaliers... they simply wouldn't be NBA champions without him. For the American economy, it's the consumer who tends to carry growth. However, growth...

In the not too distant future, America is going to wake up, probably on a Monday morning, and find at least half of their wealth wiped away. A Day of Reckoning is coming and the people will be facing a financial tsunami that they never saw coming. Am I just illustrating a pessimistic attitude and you think dear reader that this could never happen in the good ole U.S.A.? WRONG! It is inevitable...