The great Ludwig von Mises first described the concept of a crack-up boom as part of the Austrian business cycle theory, based on real life events that to an unsuspecting bystander might have appeared unconnected, or perhaps even quite bizarre and counterintuitive. Indeed, such a bystander might think the same of today’s economy and would likely have trouble making sense of the picture painted by stock markets, by our monetary and fiscal policies and their inflationary impact and by...
Read More »Hot off the press – Geneva Summit
I was offered on June, 15th, to express some thoughts on Biden-Putin. Enjoy! [embedded content]
Read More »The controlled demolition of Western Civilization
Please forgive me that I don’t talk about the flue called “Corona”. I truly believe it is a deception and will be remembered as the attempt to destroy the private economy as well as the capitalistic system. What we are witnessing during this “corona-crisis” is simply unprecedented. It is nothing short of a blatant attempt to destroy the private sector, the capitalist system and the financial sovereignty of every citizen. The state denies the right of every individual to work, to put...
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