Whether a second wave strikes the United States or not, the economy is going to reopen hell or high water. But that does not mean the private sector is going to avoid adapting to the post-Coronavirus world. On the contrary, to ensure they stay open and generate revenues, companies are going to do whatever they […]
Archives for May 2020
The Federal Reserve, central banks are destroying what’s left of free markets
By: Alasdair Macleod President Reagan memorably said that the nine words you don’t want to hear are “I’m from the government, and I’m here to help.” Governments in all the major jurisdictions are now making good on that unwanted promise and are taking responsibility for everything from our shoulders. Those receiving subsidies and loan guarantees […]
Joe Biden: ‘I’m going to beat Joe Biden’
Former Vice President Joe Biden recently appeared on CNBC and declared to the electorate: “I’m going to beat Joe Biden. Wait, what? Nope. That was not a typo. Biden had some fierce words for …. himself.
A new Cold War? U.S. to slap sanctions on China over Hong Kong national security laws
Is a new Cold War on the horizon? It might be triggered if China moves ahead with national security laws on the semi-autonomous “one city, two systems” Hong Kong. In a recent interview with NBC News, White House National Security Advisor Robert O’Brien threatened to slap sanctions on Beijing if the rubber-stamp parliament, the National […]
U.S. zombie companies feasting on Federal Reserve’s cheap money
By: Andrew Moran The United States was waiting for the zombie apocalypse. The country was given a Coronapocalypse instead. But could the two events merge and provide the nation with a dangerous economic trend? Corporate America’s worst-kept secret had been the swelling number of zombies kept on life support and hidden away during the boom phase of […]