There are a few tricks to surviving an epidemic of Hyper-Inflation that some have learned in those countries that have suffered from it over the last few decades. Unfortunately, much of it involved being so wealthy that you are able to shift your assets overseas using professional services that are only available to few […]
The present and future effects of a Covid shutdown on international society will have significant consequences on our employment, economy, taxes, and even those mechanisms that protect and insure us. New laws and regulations that would be considered a violation of consumer rights and protections, labour codes, and to some degree human compassion, are taking […]
Even if war is not always good for business, it is at least a business. Whether dealing in arms, antiquities, oil, grain, taxes or international aid, the Islamic State is building the basis for the sort of exploitative economy whose inequities and corruption (ironically) helped its star rise among the poor and discontented.
Accidents happen, but the BP mess in the Gulf was an accident waiting to happen, which is not the same thing — faulty blowout preventer, faulty shears, faulty cement job, lack of blowout plan, possible lack of required permits, definite lack of oversight by the US Mineral Management Service. At the same time, quite below […]
Last Sunday, the New York Times reported on the wind energy industry in Wyoming (the eighth windiest state) and how the governor is pushing for a tax on wind energy. The wind power lobby has, of course, expressed its horror that the state would consider such a thing, practically comparing it to killing a newborn. […]
Earlier this week, Havana announced a two-month amnesty for gun owners across the country to register their unlicensed guns and thus (ideally, but probably not actually) eliminate the illegal gun culture in the country. Today, perhaps on a related bent to curb illegality in all its forms and better account for the true situation in the […]
One heart-warming story I have been following has been the epic international showdown between the IRS and the Swiss banking giant UBS. Until recently, if you were to ask any American to name a “good” country, Switzerland would probably have come to mind first, because of its role in World War II. More recent events […]