This was certainly a fun and exciting debate. Ben Shapiro of The Daily Wire took on Cenk Uygur of The Young Turk. If you do a quick search on YouTube you’ll already find “Cenk DESTROYS Ben” or “Ben ANNIHILATES Cenk.” Shapiro is dead on about South Africa at around the 10-minute mark! Here is the […]
Archives for July 2017
Foreign Investment Is Not a Problem for the Domestic Economy
By: Mateusz Machaj In recent months, the political atmosphere in Poland has become more nationalist, which is reflected in a growing anti-foreign attitude toward capital flows. The general argument used relates to the apparently negative aspect of interest payments and dividends on invested capital being transferred to foreign owners. “What a waste,” the complaints go, “cannot we leave everything […]
Thug? Donald Trump forgets ‘innocent until proven guilty’ concept
Wow. This is certainly terrifying. Speaking at a police gathering in Selden, New York, President Donald Trump encouraged police officers to rough up suspects. This encouragement was then applauded by the cops standing behind the president. Here is what the president told officers: “Like when you guys put somebody in the car, and you’re protecting […]
Swiss banks paid $1 billion in subzero interest rate charges in first half of 2017
In Europe and Asia, negative interest rates are quite common, and have been embraced by a wide array of central banks, including the Swiss National Bank (SNB) in Switzerland. Since January 2015, the SNB has charged a 0.75 percent fee on large deposits at the central bank. The goal is to devalue the Swiss franc, […]
Evil: EU considering freezing bank account cash withdrawals
And this is why there should be a Brexit, an Italexit, a Frexit, a Nexit and so on. Reuters is reporting that the European Union (EU) is considering permitting its member states to implement measures that would temporarily prevent individuals from withdrawing money from their bank accounts in order to stop bank runs from occurring. […]