We continue our discussion on the US Dollar’s future as the reserve currency. On this episode we mention world’s previous reserve currencies, how they started and ended. We then once again talk about the decision to stop the US Dollar being backed by the gold. Good Morning, I’m Austerity Jones and I am back with …
This week we look at Elizabeth Holmes, Trump running in 2024, Bobs of Disney, Cap on Russian oil prices, how far Fed would go, and the World Cup. C Thomas: Happy Hump day! Welcome back to Looking Backwards Looking Forwards. https://www.bbc.com/news/business-58336998 Austerity: Let’s start with Elizabeth Holmes. She is convicted with 11 years of prison. …
We remember executive orders and government acts that demolished gold from being the backbone of the US currency. The question we now have is what if BRICS countries decide to turn back to gold, what happens? Good morning I’m Austerity Jones and I am here with C Thomas Printer who is ready to talk about …
Argentina, the land stretching down the east side of South America and conjuring images of cosmopolitan cities, grass fed beef, Malbecs, the flat Pampas, and the mountainous Andes. It is a country full of abundant resources yet for the last century Argentina has been an interesting case economically because it could be argued that they …
• US Midterm Election • CPI Inflation October • University of Michigan Consumer Sentiment Index November • The layoffs • US-China relations • The bankruptcy of the crypto exchange – FTX C Thomas: Happy Hump day! Welcome back to Looking Backwards Looking Forwards. I’m C Thomas. I’m here with Austerity Jones. Austerity: Happy Wednesday C …
Just as the earth needs rain, we need contraction periods in economy. We explain why. Good morning! I’m Austerity Jones, and I am here with C Thomas Printer and he is going to channel his inner Lance Armstrong today. C Thomas: Good morning Austerity. I’m going to do what? Lance Armstrong? Austerity: You said you …
Argentina, the land stretching down the east side of South America and conjuring images of cosmopolitan cities, grass fed beef, Malbecs, the flat Pampas, and the mountainous Andes. It is a country full of abundant resources yet for the last century Argentina has been an interesting case economically because it could be argued that they …
Happy Hump Day! Welcome back to Looking Backwards, Looking Forwards. I’m C Thomas Printer and I’m here with Austerity Jones. Austerity: Happy Wednesday, C Thomas. Today, let’s start with last week’s interest rate hikes. On Wednesday, the Fed raised interest rates by 75 basis points, which brought borrowing costs to the highest since 2008. And on …
Last Sunday, Ross Chastain, needing to pass two cars to race his way into the championship, tried something never seen outside of a video game: he slammed his car into the wall, then used the curve of the wall to increase his velocity and slingshot him into the championship. And our C Thomas has discovered …
• The election result in Brazil Brazil election: Lula makes stunning comeback – BBC News • Biden’s tax move on oil companies Joe Biden threatens higher taxes on oil companies amid high gas prices (cnbc.com) • China’s lower than expected factory activity China’s factory, services activity skids on relentless COVID curbs | Reuters • Labor …