Authored by John Mauldin via MauldinEconomics.com,
Billionaire founder of top hedge fund Bridgewater Associates Ray Dalio got where he is by having keen insight into both human nature and economic trends.
Occasionally, he shares some of his wisdom publicly.
In one of his recent articles, Dalio argues that it is a serious mistake to think you can analyze or understand “the” economy because we now have two of them.
Days before the military coup d’état in Zimbabwe, one of Mugabe’s sons uploaded a snapchat displaying his £45,000 diamond watch with £200 champagne, according to Daily Mail. The story went viral fueling anger of Zimbabweans as the country suffers from an economic collapse with a 95% unemployment rate.
Authored by Soeren Kern via The Gatestone Institute,
Tens of thousands of jubilant Zimbabweans joined rallies on Saturday to celebrate the imminent departure of President Robert Mugabe, the only leader they’ve known since independence in 1980.
As Bloomberg reports, Mugabe triggered his own downfall by firing Emmerson Mnangagwa as his vice president last week, a move that prompted the military to intervene and place him under house arrest.
The mainstream media is a fickle beast beholden to the direction of the prevailing political winds. Unfortunately for Facebook, Google and Twitter, those winds have turned about face in recent weeks as the political establishment thrashes about in its misguided efforts to prove that – aided by social media - Russia changed the course of the 2016 presidential election. While Facebook’s share price has suffered very little so far, the mainstream media is going to work on the reputations of Facebook and its billionaire founder.