Inequality is the problem…and government is the solution. In his article for the Herald, Bernstein drives that mantra home…
It took them months to admit what was already obvious to most of the population. That is, that the economic ‘slowdown’ was in fact a full-blown crisis.
As the skies darken and the outlook grows dim, will we be armed and ready? Or will we be the ones who end up cold, damp and penniless?
This is a time to prepare. The market and the Fed may be playing a game of chicken. But they are also still heading for the edge of the cliff.
In the world of Star Trek, humanity has experienced a renaissance like no other. They have developed replicator technology that has eliminated the issue of scarcity.
If you have ever played Monopoly, you have probably noticed two things. The game can be really long and the banker — who pretty much controls the game — can never run out of money.
Here at Money Morning New Zealand, we watch out for both positive and negative black-swan events…because we believe they can seriously affect your wealth.