We are yet to see whether it will be a hard landing or a soft landing by the end of 2023. Biden’s administration has shamelessly pumped thousands of billions of dollars into the state financial system for less than two years announcing even a brand new ‘New Deal’ and new financial incentives. One wonders if…
Consider this, Consider this the hint of the centuryConsider this, the slip, that dropped me to my knees, failed.What if all these fantasies come flailing around?And now, I’ve said…. too much— R.E.M. – Losing My Religion I probably should have codified these before the turn of the new year but I didn’t even think of…
Under normal circumstances inflation occurs, when too many monetary units (US dollars, Euros, Chinese Yuan) chase too few goods. But we are not living in normal times. To the contrary. We are living in an increasingly divided world, not only in political terms – West vs. East / Global North vs. Global South – but…
Today we are witnessing the historic endgame playing out. The current war in Ukraine is but one malignant manifestation. It’s rare for Strategic Culture Foundation to find itself in agreement with pronouncements made by American President Joe Biden. This week, Biden asserted once again that economic inflation and recession hitting the American economy are “not…
Europe’s future looks bleak. It is now pressed by its own imposition of sanctions, and the resultant spike in commodity prices. The EU is lumbering around in a daze. Western self-destruction – a puzzle defying any unique causal explanation – continues. The examples where policy is pursued in apparent indifference to anything resembling rigorous reflection,…
The media would like to believe the Fed is doing everything in its power to fight inflation, but it’s not true. Yes, the Fed raised rates by 50 basis points in May and, yes, the Fed is trying to sound as “hawkish” as possible. But these things are designed to dupe the public not to…
