A few days ago, Dr. Tedros, the Director General of the World Health Organization (WHO) repeated what he said already a few weeks ago, that there are about 20 pharmaceutical laboratories throughout the world that are developing a vaccine for the novel coronavirus, named COVID-19, also called 2019-nCOV, or SARS-CoV-2. For the layman, it is…
As Republican and democrat politicians hold emergency meetings to decide how to avoid a meltdown of Wall Street, the smell of hyperinflation looms in the air as much today as it did in Germany during the opening months of 1922. This week, markets were propped up by a record breaking offering of $1.5 Trillion in…
Franklin D. Roosevelt and John Maynard Keynes have been knocked into a cocked hat by Donald Trump, Boris Johnson, and Emmanuel Macron, the new holy trinity of dirigiste capitalism. Only strong centralised states with command economies can wage total war, and profiteering, hoarding and panic bulk buying are rightly considered crimes. The USSR already had…
The coronavirus pandemic is developing into a social, economic and political crisis on a scale that is without precedent. Yesterday’s drastic fall in global markets and especially in the United States, where Wall Street recorded its greatest one-day loss since 1987, arose from the recognition that the pandemic will massively impact the world economy and…
In this report, Spiro Skouras recaps the events leading up to the current global coronavirus outbreak, while looking ahead at the looming financial crisis and how the virus will likely be blamed, providing cover for the crimes committed by the central bankers. Spiro also analyzes the potential outcomes of the current situation, which includes a…
The over 1000 point plunge of the stock market on Feb 27th and broader ruptures of the financial system last week have been yet another wake up call for those who have been contented so far to “live in the moment” of fast money. Since the 2008 financial crisis, which is considered the most serious…
