The Aussie market tends to follow global markets, particularly the US. For that reason, The Rum Rebellion will regularly keep you up to date with what’s happening in the world’s major markets.
Global politics is also at a critical juncture. There is a big-picture arm wrestle happening between the forces of globalism and those who believe in the pre-eminence of national sovereignty.
You can see this in the British peoples’ desire to escape from the stifling regulation of the European Union. You can see it in the increasing support Trump is getting for his ‘Make America Great Again’ stance, despite around the clock criticism and lies from the establishment media.
The Rum Rebellion stands for individual freedom. Decentralisation of power is the key to this. Globalisation, on the other hand, is a force for the centralisation of power and the slow and covert imposition of rule by unelected elites.
Our comments on global politics will rail against globalisation and rule by technocrats. It will include calling out fake news, as the establishment media is a key player in the globalisation movement.
Every week, we reach new heights of weirdness. The worldwide total of debt trading at negative interest rates rose to $17 trillion. Nearly 15% of S&P 500 companies no longer earn enough money to even…
Aussie stocks bounced strongly yesterday. The ASX 200 finished up nearly 1%. And overnight, US stocks had another good session, rising around 1% on — what else — hopes of additional stimulus! That should translate…
As you’re probably aware by now, an ‘inverted yield curve’ is the bond market’s way of saying there’s a recession a comin’. In this case, we’re talking about recession in the world’s largest economy…
We are seeing global debt increasing. Even after suffering a massive debt crisis in 2008, we have seen debt swell over the years. As you can see below, since 2007 debt has increased in all…
Is our crash alert flag still flying? We hope so. It’s been up the pole for so long, waiting patiently for the stock market to crash, we’d hate to miss it when it finally happens…
No surprise gold has been rallying here. But for stocks, the surprise is that they’re holding up as well as they are considering the slow growth foreshadowed by the bond markets and trade impasses…
So far, the 21st Century has been a bust. America’s share of world output has declined to 24%. And all the promises for the glorious new century turned out to be lies. America has been…
1999 was also the tail end of the longest economic expansion on record and the greatest stock market boom ever. Did it also mark Peak America, the beginning of the end of America’s great triumph?
Why has the rate of GDP growth gone down? American capitalism should be at its zenith. Donald J Trump says the economy is working better than ever. But real growth rates, averaged over the trailing…
Tech companies are moving away from free speech and swaying the balance towards moderating and censoring. Privacy scandals and censorship is increasing the backlash against these companies. It could turn into a problem…