This week’s LBLF show is full of geo-political tensions… Looking Backwards UK police have new expanded powers to crack down on protests U.S. Navy says Iran tried to seize two oil tankers, fired on one German far-right AfD party wins mayor’s office amid record-high polling Looking Forwards International Energy Agency warns of higher bills this …
Sometimes the smallest men cast the largest shadows. Diego Maradona was a mere 5’5” yet his shadow overwhelmed Lionel Messi for most of Messi’s life. Messi grew to be beloved in Argentina, but Maradona had ascended one level higher, a world cup champion level higher. It was the magic with the ball, his ability to …
The Week of June 26: What just happened in Russia? What is the Wagner Group? This and more developments are discussed in our LBLF show for you to wrap the week up. The articles referred throughout the episode are on cthomasprinter.com. Looking Backwards The Wagner Group and the Russian State Wagner Group in Africa Can …
In the previous episodes of our Bygone Relics show we have talked about the economic destruction of money and a country’s currency. The question we answer in this episode is: How do you recover from such destruction? Darkside of the moon dark I am today. My soul must be in the Southern hemisphere on their …
The Week of June 19: UK inflation data turns out to be hotter than expected and Bank of England’s surprise is not welcomed by the markets. Looking Backwards Inflation Shocker in the UK Bank of England lifts policy rate by 50 bps to 5% in June vs 4.75% expected Biden labels Chinese President Xi a …
At Bygone Relics show, we continue discussing five of the very worst hyper-inflations and the ramifications of a currency collapse and juxtapose these historical events against the US situation today. Some of these numbers are eye wateringly high and nobody did it worse than Hungary. The worst inflation in history was the Hungarian Inflation after …
A very busy week for the markets: US CPI came out on Tuesday, FED interest rate decision on Wednesday, ECB on Thursday, and finally BoJ on Friday. All these and more are in today’s Looking Backwards Looking Forwards show. Looking Backwards US CPI Fed’s rate decision ECB raises rates Bank of Japan keeps low rates …
Last week’s thought experiment was to imagine hyper-inflation and what you would do to protect you and your won from the currency calamity. What would you buy? Invest in? Would you move? 100% inflation isn’t even really considered hyper-inflation by economists as that designation usually is at least 50% a month, but these nerds can …
Here is this week’s Looking Backwards Looking Forwards program: Who blew the Ukrainian dam up? Who blew the Nord Stream pipeline? How do we not know these things? Looking Backwards Key developments in the Ukraine war Nova Kakhovka flooding Chinese warship cuts off US Navy ship China accuses US of ‘provocation’ after near collision of …
The US has raised the debt ceiling and avoided defaulting on its debt. That’s a good thing, right? For the 90th time or whatever the number is now, we have raised the debt ceiling. America always pays its debts is a popular rhetoric, but I have to give credit to Peter Schiff who likes to …