The Swiss franc’s “phenomenal” bull run

The strength of the Swiss franc (CHF) has been the topic of countless “expert” analyses for over a year and it has received considerable coverage in the mainstream financial press. In fact, the last time the currency garnered this much interest was probably in 2011, when its celebrated “safe haven” status backfired, as investors fled to it …

The Big Shift: The decline of Western politics

Part II of II The big shift  Of course, this is the Left, but also the Right, of the good old days. The days of gentlemanly conduct and of real sportsmanship during a debate. These were the days when cultivated, curious and humble people argued passionately, but honourably. These were the days of decency, of common courtesy and civility.  But …

Freedom of speech and “de-banking”

Threats to freedom of speech and efforts to suppress dissenting views and voices have been on the rise over the past decades. They were exponentially intensified since the ascent of social media and as the political polarisation in the West truly took hold of our societies, the powers that be have been using any and all toolsat …

The real failure of “trickle down economics”

Part II of II If this kind of theoretical reasoning seems too abstract, let us think about it more practically: Any public servant, any member of government, and even the leader of a nation, has very different motivations than any private sector decision-maker. Their financial compensation is a given and their time preference is dictated …

The real failure of “trickle down economics”

Part I of II For decades already, one of the most popular and commonly employed attacks of Keynesians and other left-leaning economists was the one against the idea of “trickle down economics”. They ridiculed the notion that a rising tide lifts all boats or plainly put, the obvious fact that when job creators thrive, so do …

Debt cancellation: the new panacea?

There is clearly a common denominator in the kind of “solutions” that the State comes up with to deal with the problems that it caused (and that’s most problems). Not only are these remedies worse than the disease, but they are always extremely simplistic, reductionist and they never, ever, take into account anything else apart from …