America

Submitted by Robert Gore via StraightLineLogic.com,

Billions of people around the globe would like Americans to put America first.

Submitted by Adam Taggart via PeakProsperity.com,

James Howard Kunstler returns to the podcast this week, observing that despite the baton being handed to a new American president, the massive predicaments we face as a society remain the same. And it seems the incoming administration is just as in denial of them as the old.

Via Artemis Capital Management,

In Treasury Secretary nominee Steven Mnuchin's written responses to Senate questions, he made it clear that the "strong dollar" policy may not always be his priority as he noted "an excessively strong dollar may be negative in the short-term."

“The strength of the dollar has historically been tied to the strength of the U.S. economy and the faith that investors have in doing business in America,” Mnuchin said in written responses to questions from U.S. senators obtained by Bloomberg News.

 

Submitted by Simon Black via SovereignMan.com,

In September 1986, The Economist weekly newspaper published its first-ever “Big Mac Index”.

It was a light-hearted way for the paper to gauge whether foreign currencies are over- or under-valued by comparing the prices of Big Macs around the world.

In theory, the price of a Big Mac in Rio de Janeiro should be the same as a Big Mac in Cairo or Toronto.