Archive | World

Crying for Argentina

If the Argentinians can reduce the size of their government and turn it from ruining the economy to protecting individual rights, there will be much to cheer for in Argentina.

Obama’s Muslim Regime in Egypt Bites the Dust

The Obama administration-backed Egyptian government, backed in turn by the West-hating Muslim Brotherhood, has fallen. Egypt will install a new and improved government. Who knows how long that will last? But from America’s perspective, that’s not the point. The point is that the United States sends $1.5 billion annually in military and economic “assistance” to […]

Germany Under Pressure To Create Money

Currently, central banks around the world are walking in lock step down a dangerous path of money creation. Led by the Federal Reserve and the Bank of Japan, economic policy is driven by the idea that printed money can be the true basis of growth. The result is an unprecedented global orgy of currency creation. […]

Thatcher’s Revolution

Daniel Yergin, Pulitzer Prize-winning American author, energy scholar and economics researcher, wrote recently that the passing of Margaret Thatcher provides “a timely reason to ask: What was the Thatcher Revolution about?” Yergin explains that he tackled that same question 15 years ago and “decided the best way to answer it was by asking Thatcher herself.” […]

Cypriot Chaos Assists EU Centralization

Remarks by members of the European Union’s elite suggesting that banking deposit seizures may become standard practice appear to have heightened the risk of a European bank run and perhaps even a catastrophic collapse of the euro. Any threat to the euro is a threat to the European public’s conception of the Union’s manifest destiny. […]

EU Financial Tax Portends Loss of Market Leadership

Although it was barely noticed by the American press, on January 22nd, EU finance ministers approved a new “Financial Transactions Tax” (FTT) that has implications for market competitiveness around the world. The move was conceived as a Franco-German initiative and was supported by seven other EU nations, including the entire bloc of highly indebted southern tier […]