Democracy, sovereignty and a global economy are mutually incompatible. This “political trilemma” has led nations to start acting as corporations, putting your financial stability at risk.
As another earnings season comes to an end, one thing immediately jumps out: Stock prices are out of whack from their core value — earnings. And the implications are dire.
Despite the Fed’s blather, America’s chemistry is off. An ingredient necessary for a vibrant economy is missing. One look at the data will show you exactly what’s missing and why.
The European economy is supposed to be wracked by doubt and anxiety over Brexit, negative interest rates and terror attacks. So why are markets rising? Government spending, and lots of it.
In a world where machines can make perfect burgers, there’s no need for $15-an-hour burger flippers. But the solution, basic income, is more science fiction than fact.
Editor of One Trade and Precision Profits
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Editor of Strategic Fortunes and three elite services
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