Dreaming of Retirement?
To participate, people had to have at least US$100,000 in investable assets. And, on average, these investors had saved around 16.6% of their annual income for retirement.
About The Rum Rebellion
Welcome to The Rum Rebellion! You’re probably wondering what the name is all about. Well, there is a very good reason for it. I’ll explain it all in a moment. First, I want to tell you what you can expect from your daily shot of rum, so to speak… The Rum Rebellion is a uniquely Australian voice commenting on the nexus between money, stocks, politics and economics. We have a libertarian view of the world and believe in free speech, individual freedom and personal responsibility. While we also believe in the virtues of free trade and sound money, we recognise that most of the world’s players don’t share this view. We therefore seek to tell you about how the world IS, not how we wish it to be.
Crypto Conundrum
So far, going online and buying cryptos has proven to be about the best move you can make. The brand-name leader, bitcoin, rose 340% over the last year.
The Dud Sub Deal
The government have announced a deal on nuclear submarines in concert with the US and the UK. It’s a good move and the start of what I hope is a nuclear industry here in Australia.
The Biggest Manipulators in the Nation
Cryptos were thought to be new forms of money. Then, they were ‘assets’, a whole new ‘asset class’ that was making people rich.And now the crypto riches are spilling out into the real world of…
Dreaming of Retirement?
To participate, people had to have at least US$100,000 in investable assets. And, on average, these investors had saved around 16.6% of their annual income for retirement.
The Dud Sub Deal
The government have announced a deal on nuclear submarines in concert with the US and the UK. It’s a good move and the start of what I hope is a nuclear industry here in Australia.
China’s ‘DOW’ Is Down 30%…and No One Cares
Retail sales, a key gauge of China’s consumption, rose just 2.5% in August from a year earlier, down sharply from July’s 8.5% year-over-year growth, according to data released Wednesday by China’s National Bureau of Statistics.
Truth: A Total Fantasy
And the story, while reported as truth by the major media, might just as well be a total fantasy. It makes more sense as a fantasy. But then, so does most of the news.
El Salvador’s Bitcoin Folly
But what if the price of bitcoin plunges overnight and the $100 of bitcoin the business accepted yesterday is only worth $50 today?
Does Freedom Pay?
The result? Here too, freedom paid off. Different sects competed for hearts, minds, and souls…and generally flourished without resort to violence.