The three key contributors to GDP growth are population, workforce participation, and productivity. The following chart illustrates how the change in these three ingredients has impacted the economic pie.
That’s all due here in The Rum Rebellion, on Friday. But back to the other two boats we’ve been rocking recently…
Why isn’t there full disclosure on the green investments held directly or indirectly by the high-profile climate spruikers?
According to CoinDesk, a US$1.6 billion buying spree (lasting all of five minutes) contributed to a sharp lift in the bitcoin price:
In accepting the role as Fed Chair, Powell should have been forced to remove any potential conflict and liquidate his portfolio.
This whole crypto sh*t show is destined to come crashing down. From the ashes, a phoenix or three might rise.
Tremendous profits were to be had. A half-truth was all Ponzi needed to germinate the seed of his scheme.
What’s happening with the commodity market? What’s the future of Bitcoin [BTC] after China did a rug pull? Is this good for gold?
When the next crisis hits, I sincerely hope society joins the dots and central bankers get the long-overdue loathing they deserve.
The most known of knowns in financial markets is the China Evergrande Group debt crisis. Will it or won’t it be allowed to fail? Will this be the modern-day Lehman Brothers moment?Markets are pondering these…