Serious Imbalances in the Global Financial System: We’ve Reached Tipping Point
Calls for an increased weighting to THE riskiest of all asset classes, as a form of protection, is a clear indication we have reached a tipping point.
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.
This Doesn’t Bode Well for Oil Prices…
Oil prices are rising. West Texas Intermediate (WTI) hit US$40.65 on Thursday, after unemployment dropped to 11.1% in the US. The fact that some people in the US may be getting back to work has…
What Could be the Catalyst for Another March-Style Slump?
What could be the catalyst for another March-style slump? Take your pick! China’s new security law in Honk Kong began being enforced in the last week. It’s even more draconian and authoritarian than expected.
A Warning from the Bank for Central Banks
Markets are showing some signs of ‘exuberance’ again. It’s something the Bank of International Settlements (BIS) admitted in their Annual Economic Report released this week.
Serious Imbalances in the Global Financial System: We’ve Reached Tipping Point
Calls for an increased weighting to THE riskiest of all asset classes, as a form of protection, is a clear indication we have reached a tipping point.
A Warning from the Bank for Central Banks
Markets are showing some signs of ‘exuberance’ again. It’s something the Bank of International Settlements (BIS) admitted in their Annual Economic Report released this week.
A Topsy-Turvy World: The Worst is Still Ahead
And the worst is still ahead. The idea of the COVID checks and the Paycheck Protection Program was to ‘tide over’ businesses and consumers until the economy restarted.
The Mark of the Beast: Central Banks are the Beast
By bailing everyone out, by making sure no one falters, central banks have created the worst moral hazard markets have ever seen. The mark of the beast indeed. Central banks are that beast.
Scammy Do-Goodism and Cannibalism
The whole banking sector is already the beneficiary of trillions in giveaways from the Federal Reserve. Putting more of it on deposit in Black-owned banks will do nothing for the majority of Black people in…
Central Bankers are THE Dumbest People on Earth
Get ready for central banks to mount a concerted and sustain effort to move debt levels (much, much) higher. Whether society responds in the same Pavlovian way as it did on previous occasions is an…