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Olduvai III: Catacylsm
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China is in Trouble

June 20, 2018

CHINA IS IN TROUBLE Before we discuss the economic situation of China, a few words about China’s strongman, Xi Jinping. The “new Chinese emperor” has engineered a meteoric rise. He started off as simple rural laborer but is now the most powerful Chinese president since Deng Xiaoping. Such a career path requires strength, tact, and […]

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The World Is Creeping Toward De-Dollarization

September 19, 2017

The World Is Creeping Toward De-Dollarization The issue of when a global reserve currency begins or ends is not an exact science. There are no press releases announcing it, and neither are there big international conferences that end with the signing of treaties and a photo shoot. Nevertheless we can say with confidence that the […]

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Myths Behind the War on Cash

June 28, 2017

Myths Behind the War on Cash The attacks on physical cash from a phalanx of economists, central bankers, commercial banks, and politicians have not diminished in recent years. On the contrary, in the face of the worldwide increase in terror attacks, particularly in Europe, and ongoing pressure on public budgets, the cash ban issue is […]

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Why We Need a Recession

January 20, 2016

Why We Need a Recession  According to the National Bureau of Economic Research (NBER), a recession is defined as a “significant decline in economic activity spread across the economy, lasting more than a few months.” Often, this is understood as two consecutive quarters of negative economic growth as measured by a country’s GDP. Public opinion is generally […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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