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Olduvai III: Catacylsm
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Why The Man Who Manages $1 Trillion Is Bracing For A “Trade Rupture”

Why The Man Who Manages $1 Trillion Is Bracing For A “Trade Rupture” While the rest of the market remains remarkably stoic about the potential threat from a long-lasting, escalating trade war with China, the world’s arguably biggest money manager is not so sure: according to Bloomberg, the man running the world’s biggest sovereign wealth […]

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Another petro-state throws in the towel – the last nail in the petrodollar coffin

Another petro-state throws in the towel – the last nail in the petrodollar coffin Source: Norwegian Ministry of Finance, Bawerk.net According to the proposed budget submitted by the current ‘blue-blue’ government the Norwegian deficit will reach another record high in 2016. Mainland taxes are expected to bring in 1,008 billion NOKs, while expenditures are estimated […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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