Gold Is the Asset to Watch in 2020, Says Byron Wien

In 2017, Germany lowered the minimum amount of gold once can purchase anonymously to €15,000, or roughly $16,760. Now, the country’s finance ministry has once again been pressured by European Union lawmakers to place more stringent limitations on individuals’ ability to purchase hard assets without documentation.

Thuringia Foretells the Fracturing of Germany

With Germany entering recession Merkel has already signalled that if she has to go back to the polls she’s ready to make a deal with the Greens... Current polling has the Greens, however, on the downside of their popularity...

What Would Boris’ Deal Mean for the Economy?

The latest CER report notes that excluding the US from the analysis reduces the estimated hit from 2.9% to 2.2%, while excluding Germany (and thus increasing the weight on the US) increases it to 3.4%. As result, ‘because of this rising degree of error, this will be the last update in the CER series on the cost of Brexit’.

Hungary Shows the Way to Help Threatened Christians, Yazidis of Syria, Iraq

Other traditionally deeply Christian nations like Spain, Portugal, Italy and Ireland need to jump on board too and follow Hungary’s bold lead. The parties that still –laughingly – dare to call themselves Christian Democrats in the European parliaments need to throw their cowardly and contemptible “me-too” open borders liberalism and cultural appeasement overboard at long last too.

Ranked: The Megaregions Driving the Global Economy

If you’ve ever flown cross-country in a window seat, chances are, the bright lights at night have caught your eye. From above, the world tells its own story—as concentrated pockets of bright light keep the world’s economy thriving. Today’s visualization relies on data compiled by CityLab researchers to identify the world’s largest megaregions. The team defines megaregions as: Areas of continuous light, based on the latest night satellite imagery Capturing metro areas or networks of metro areas, with a combined population of 5 million or higher Generating economic output (GDP) of over $300 billion, on a PPP basis The satellite imagery comes…

A World without Books: the End Game for Social Justice Radicals?

And here is where Google campus must tremble with absolute fear and loathing, for when an asteroid hits, or the lights go out, or a hacker strikes, or the wily algorithm decides to bury vital information down the memory hole, books will continue to sit pretty, albeit dusty, on the mantle, their essential truths untouched by the intolerant digital age.

Brexit: 1939 All Over Again

How could it ever be in the interests of a nation state to surrender its capacity to govern itself to a foreign power? That is what results from our EU membership. Laws enacted by the EU trump our national laws.

Draghi’s Dangerous Farewell

PRINCETON – Mario Draghi risks deepening the eurozone’s problems in the final weeks of his eight-year term as president of the European Central Bank. He has promised that the ECB will reduce interest rates further to spur the eurozone economy. But policymakers have room for only modest rate cuts, which will do little to boost growth – and will put potentially intolerable pressure on the eurozone’s fragile banks. Back in June, Draghi said that the ECB was preparing a new dose of stimulus, including further reductions of its policy interest rate and a renewal of quantitative easing (QE) through purchases of government bonds. And…

Japan and Germany Hysterically Race to Shut Down Nuclear Power (and Their Sovereignty)

For those in Japan and Germany celebrating that the exit from nuclear is providing an opportunity to embrace solar and wind energy, a sad slap of reality has also occurred. Not only have energy costs skyrocketed wherever green energies been built, but the toxic waste caused by those photovoltaic cells far outpaces anything produced by the dirtiest nuclear reactor.

The EU Is a Doomed Empire

European tensions are growing. There is Brexit, a directionless and over-extended Germany, an ambitious but weak France, and a growing regional divide. But the main danger to the European project is democracy. What is the European Union? The closest concept I can come up with is that of a liberal empire. An empire is a hierarchically structured block of states held together by a gradient of power from a centre to a periphery. At the centre of the EU is Germany, trying more or less successfully to hide inside a “Core Europe” (Kerneuropa) formed together with France. Germany doesn’t want to…

Germany Slides towards Instability

At first blush the results in Germany for the EU elections looked like nothing of significance had happened. The media trumpeted the regression of the right. Alternative for Germany’s (AfD) 11% after polling as high as 18% in 2018 made it look like Angela Merkel had weathered the storm against her chancellorship from the right. But, in doing so, she opened herself up to attack from the Left. The combined results for the ruling coalition in Germany was only 45% with the Social Democrats (SPD) under-performing even their recent bad polling data, garnering just 15.8% of the vote. It was…

China as a Superpower: Erico Tavares Interviews Toshi Yoshihara

Dr. Toshi Yoshihara is a Senior Fellow at the Center for Strategic and Budgetary Assessments (CSBA) in Washington, D.C. Prior to joining CSBA, he held the John A. van Beuren Chair of Asia-Pacific Studies and was an affiliate member of the China Maritime Studies Institute at the Naval War College, where he taught strategy for ten years. He is the co-author of Red Star over the Pacific: China’s Rise and the Challenge to U.S. Maritime Strategy, Indian Naval Strategy in the Twenty-first Century andChinese Naval Strategy in the 21st Century: The Turn to Mahan. He is also co-editor of Strategy in the Second…

Perry’s Attack on Russia’s Nord Stream 2 and the Empire’s Lost Grip on Reality

On Tuesday May 21st, US energy secretary Rick Perry made headlines after paying a visit to the newly elected administration of Volodymyr Zelenskiy. The visit itself wasn’t the cause of the headlines but rather Perry’s hubristic attack on Russia’s Nord Stream 2 pipeline and prophesying that a sanctions bill against western companies building the pipeline will pass into law in the immediate future. Perry said: “The United States Senate is going to pass a bill, the House is going to approve it, and it’s going to go to the President and he’s going to sign it, that is going to put…

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