President Trump just signed an executive order deepening the sanctions on Venezuela, confirming the rumors of a ban on trading in Venezuelan debt that sent VENZ/PDVSA bonds tumbling.
Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
What follows are six questions and answers that were wedged between cocktails and a dinner hosted by Karl J. Feitelberg, Founder and Chairman of Sterling Resources Ltd. at the Castle Hill Inn, Newport, R.I. on July 24, 2017.
1. Question: What were the two greatest economic catastrophes in the U.S. of the last 100 years?
Global markets are stuck in a holding pattern with S&P futures up modestly after fluctuating overnight, as European and Asian shares rise with oil while the dollar has dipped lower ahead of the biggest central bank event of the year: the Fed's Jackson Hole symposium where Janet Yellen and Mario Draghi will speak at 10am and 3pm ET, respectively. Meanwhile, world stocks drifted toward their best week in six on Friday, as a near three-year high in emerging markets shares and a roaring rally in industrial metals bolstered the year’s global bull run.
Authored by Paul Craig Roberts,
When I read Professor Thomas DiLorenzo’s article, the question that lept to mind was, “How come the South is said to have fought for slavery when the North wasn’t fighting against slavery?”
Authored by Daisy Luther via The Organic Prepper blog,
The division in America has become so dramatic over the past year that many people can only foresee it heading one place: Civil War.