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Share this articlePart I of II by Claudio Grass, Hünenberg See, Switzerland The middle class in the West has been shrinking for years, but after the covid crisis and especially after the inflation explosion, whatever was left of it is now basically under threat of extinction. This has immense sociopolitical…
2024 outlook: Gold Shines Bright in the Gathering Storm
Share this articleThe year 2024 is poised to be a critical period for the global economy and it already appears to be fraught with economic and geopolitical challenges, casting a dark shadow over the global landscape. Signs of a looming economic downturn are becoming increasingly evident and the many challenges…
Government interventions and the Cobra effect – Part II
Share this articlePart II of II Unsound money, unsound society Of course, one of the most important and consequential parts of the incredibly complex organism that is the economy is money itself. It is its lifeblood and as the song goes, “it makes the world go round”. Therefore, manipulating the currency…
Corruption of the currency and decivilization – Part II
Share this articleLessons from the Fall of the Roman Empire – Part II of II Gold-backed civilization vs. the Welfare State Many rational economists and students of history have written countless analyses on the gold standard and the terrible impact that its end has had on the world economy. However,…
“Keynes is the winner of the day, not Milton Friedman”
Share this articleInterview with Václav Klaus To many of us, no matter how well versed in history, in political affairs or in socioeconomic issues, the present conditions in the West, and especially in Europe, can sometimes seem like the plot of a bad movie. It is often said that history…