Tag Archives: systematic risks

Share this article Article II of II, by Claudio Grass Collectivism is extremely versatile and very easy for political animals to “sell” to the public and to weaponize. Politics, of course, by its nature is always the pursuit of the Left, if we are to follow strict definitions. It seeks to influence and coerce others and it abhors individual liberties and self-determination. What we know as far-right is national socialism and the rest is international socialism. Either way, it is all...

Part II of II To be fair, it is true, this time is different. Indeed, this time the rescue plan for the bust banks is not comparable to what we saw in 2008. In the US, the guarantee for deposits up to $250.000 comes from funds that are maintained by participating banks and not from the taxpayer. The official answer to how they’re going to pay everyone back is also plausible and possible: Some, or even most, of the money can and will be recovered from winding down the failed bank’s...