Trump Tariffs Present as Boon to Budgets and Burden to Buyers
The Trump reciprocal tariff regime could reduce the Federal budget deficit by $2.8 trillion over the next 10 years…
Category: Political Economy
He Put the Tariffs on, They Took the Tariffs off, They Put the Tariffs on—Economies Are Shaking all About
Mass uncertainty surrounds the near term future of US-Asian trade, so much so that businesses in some economies including…
Shanghai Gold Exchange to Set Up Warehouses for International Deliveries and Favored Pricing in RMB
In major eastern financial news, the Shanghai Gold Exchange could soon be delivering specific products to overseas partner warehouses…
After 100 Days of ‘Shock Therapy’ Milei Retains Robust Support Even from Struggling Argentines
The “first 100 days” is used as a political measuring stick around the world to gauge the progress of…
Milei Government Announces First Plan to Fight Inflation–50% Devalue of the Peso
Financial analysts and the International Monetary Fund are reacting to the much-anticipated first step of the new government in…
“First Anarchocapitalist World Leader” Now in Charge of BRICS Member Argentina
In what may be the largest political victory in the history of Libertarian political philosophy, Argentine economist Javier Milei…
Belt and Road’s Failures Are Well Documented—the Successes Not as Much
Story at a glance… China’s Belt and Road Initiative was launched 10 years ago this month. Despite immense difficulties…
BRICS Summit 2023: BRICS Gold-Backed Currency Decision Delayed–6 New Members Invited to Join
In the lead-up to the 15th annual BRICS summit, it’s been suggested that a multinational trade currency pegged to…
BRICS Summit 2023: Bloc Keen on Welcoming New Members—Who and How Remain Open Questions
Kicking off on Tuesday in Johannesburg, the 15th Annual BRICS Summit will hopefully put the answers to a lot…
Russian Embassy Confirms Creation of BRICS Currency Backed by Gold Without a Timetable
In this political climate, no one should take what the employees of a single Russian embassy say as gospel,…
For America to Pay Her Bills, the Debt Ceiling Doesn’t Need to be Raised: Why the Confusion?
ITALY, May 26th, 2023. In the bargaining over raising the debt ceiling, not one member of Congress, the Treasury…
Debt Ceiling Circus: How Much Debt Does the Federal Government Really Have?
As negotiations continue in Congress over a potential deal to raise the debt ceiling, the full picture of the…
Biden Launches Targeted Policy to Try and Squeeze China Out of Key Global Markets
If China and the United States fought a war, it would not be surprising to begin that story at…
Britain to Double Bond Buy Backs, Prop Up Liquidity with Temporary Insurance
Spot prices relevant to this news: Pound/USD £1.11 – 30-year Gilt £4.729 LONDON, October 10th, 2022. On September 30th,…
England Throws In the Towel Against Inflation, Announces Quantitative Easing
A statement from the Bank of England in the midst of their currency plummeting in value reveals a substantial…
What Can Italy’s New Prime Minister Afford to Do Taking Charge in a Cash-Strapped Nation?
PICTURED: Giorgia Meloni of the Brothers of Italy party at a rally over her recent victory. PC: Fair Use.…