„Die Kronenhalle habe ich noch nie so bumsvoll gesehen“
Durch Gelddrucken und Umverteilung erreichten die Regierenden das Gegenteil des Beabsichtigten, sagt Marc Faber: Steuern, die bei den Armen am…
The Financial Times recently reported that “Chinese consumers helped drive an unprecedented boom in the global luxury sector in recent years but a deepening slowdown in the crucial market is now taking its toll on some of the sector’s biggest names. Shares across the industry dropped this week after Dior owner LVMH, the world’s biggest luxury…
The inconvenient truth is that An Unprecedented Monetary Destruction Is Coming. In democratic societies, people love everything that causes inflation but hate the consequences, which are among others rising consumer prices. It is therefore, no coincidence that debt-to-GDP has increased in all western democracies over the last 40 or so years. Marc…
For the last few months, I have been going after work (that is for me around 3 am in the morning) to a rather unique place in the world, which to my knowledge only exists in Chiang Mai. It is the Muay Thai Loikroh Boxing Stadium, which consist of an elevated boxing ring that is not surrounded by ascending spectator galleries, which are common…
In Singapore, the Government Investment Corporation (GIC) acts as a sovereign fund (it manages close to US$ 800 billion.) It just reported its 5-, 10- and 20-year returns. Its annualized 20-year nominal return dropped to 5.8% from the 6.9% return it reported a year ago. “On an inflation-adjusted basis, the GIC’s 20-year return fell to a four-year…
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