President Trump wants the United States to buy Greenland, and European recalcitrance against the idea led him to impose further tariffs on the EU to spur negotiations. Trump’s negotiating techniques may be rough, but the geopolitical advantages of a U.S. takeover of Greenland are clear, and EU hatred of Trump should not be allowed to […]

The most Important financial market news this week was not the U.S. Justice Department’s opening an investigation into Fed Chairman Powell over the Fed’s grossly mismanaged building project, but Powell’s hysterically arrogant and entitled response to it, which was joined by other central bank chiefs. The Fed Chairman is not above the law, and the […]

In major markets, there have been two occasions when stock market indices have crashed and stayed below their peak for a quarter-century. One was the U.S. in 1929, where the Dow Jones Industrial Index finally topped its 1929 peak in 1954. The other was Japan, where the December 1989 Nikkei peak of 38,915.87 was surpassed […]

In a sound political system, it should be obvious that the principal task of politicians is to maximize the living standards and life quality of the people they govern. Given that truism, the politician’s principal economic aim should be to ensure that their constituents’ labor is as expensive as possible. This will ensure that new […]