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Global Financial Crisis 2.0 just started in Turkey

A key plank of Trump’s MAGA agenda seems to be to make Turkey a shithole again. https://twitter.com/realDonaldTrump/status/1027899286586109955 The president’s tweet came after three days over which...

Crapitalism

Inb4 a Nazi calls me a libertarian. This is not a libertarian argument and I’m not a libertarian. And if you look hard enough, most...

The imminent collapse of Western socialism part II: Everything goes bang!

In the first post in this series, we looked at the bubble in asset classes around the world which artificially low interest rates have...

The imminent collapse of Western socialism part I: The everything bubble

I know, it sounds impossible. Western socialism looks invincible. The Leviathan state and its bloodsucking parasites seem all-powerful in Australia today. The sticky fingers...