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Tag Archives: Deep State

“Radical efforts seldom work if they are deprived of common sense”

Interview with Fernando del Pino Calvo-Sotelo: Part I of II Even from the early days of the covid crisis, most sensible observers were concerned that the risk of mass panic and of fear overtaking reason was going to be much higher and much more severe than the biological threat itself. As the weeks and months went on, those concerns were substantiated, as politicians and the media all over the world fueled the flames, bombarded the public with apocalyptic images and chose...

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How Does It All End? Part II

[unable to retrieve full-text content]Low Rates Forever, Nothing much is happening in the money world. The press reports that traders are hanging loose, wondering what dumb thing the Fed will do next. Rumor has it that it may decide to raise rates in September, or maybe November… or maybe not at all.

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Vive la Revolution! Brexit and a Dying Order

A Dying Order Last Thursday, the Brits said auf Wiedersehen and au revoir to the European Union. On Friday, the Dow sold off 611 points – a roughly 3.5% slump. What’s going on? In Europe and the U.S., the masses are getting restless. Mr. Guy Wroble of Denver, Colorado, explained why in a short letter to the Financial Times: The old liberal world order is dying because the cost-benefit ratio for the average person in...

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