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Why Things Are the Way They Are
In some Western countries like the United States and Argentina, newly elected leaders have stirred strong winds of change. Meanwhile, nations such as the UK, France, and Germany – along with Canada, increasingly aligned with Europe’s ideological outlook – continue to drift further down a globalist path marked by deindustrialization,…
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Road to Serfdom – Approaching Final Destination
In today’s world, societal and political changes are happening right before our eyes that will profoundly influence the lives of future generations: the shift from industrial society to information society, the realignment of the global world order, increasing supranational coordination, as observed already during the pandemic or in the context…
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The Power of Volatility
Please see footnote Nr. 1 Volatility is to financial markets what the “Force” is to the world of Star Wars films. An invisible matter that permeates everything and connects everyone and everything2. For a long time, the concept of volatility was understood from a risk management perspective as the retrospective standard…
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Is Corona mRNA’s Crown?
For several weeks, SARS-CoV-2 seems to be resurfacing. This time, it’s less due to the ongoing alarmist media coverage; instead, critical voices questioning the pandemic’s course are increasingly heard. Past authorities are being reminded of their borderline-fascist behavior, and propagandists are being held accountable for their exposed lies. One likely…
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The Poisoned Apple of Philantropy
The affair involving Robert Habeck’s best man and former head of the Agora Think Tank, Patrick Graichen, the state funding of the “united4Rescue” search and rescue organization, whose leader is revealed to be the life partner of Bundestag Vice President Katrin Göring-Eckard, the Open Society Foundation’s continued support for 13…
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This time is different or is it?
The recession is the bogeyman of capitalism. Businesses and private households fear loss of prosperity and potentially existential impacts; the state faces economic and societal instability; and governments worry about their re-election prospects amid increasing citizen dissatisfaction. Everything is done to avoid or at least mitigate a recession. However, the…
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Further Down The Road (To Serfdom)
It is no coincidence that the influential works of the great political philosophers of classical liberalism, such as Friedrich August von Hayek, Karl Popper, or Ludwig von Mises, emerged between the years 1935 and 1960. During that time, the political landscape of Europe was dominated, on the one hand, by…
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The War for Energy Resources in the Black Sea
There are different explanations for Russia’s motive to attack Ukraine. One crucial aspect is often overlooked or underestimated: Russia’s interest in the significant resource wealth of Ukraine, particularly the enormous untapped natural gas reserves in the Black Sea. In 2012, a first, smaller natural gas field was discovered in the…
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The Art of ECB’s Monetary Policy
Federal Reserve Chairman Jerome Powell believes it’s time to retire the term “temporary inflation” and is compelled to undertake a monetary policy shift with the Fed. Among the leading global central banks only the ECB still adheres to the narrative that inflation would disappear on its own in 2022 .…
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Bubblebaths and Bloodbaths
In 2001, Warren Buffett described the ratio of U.S. stock market capitalization to U.S. economic output as “the best single measure of where valuations stand at any given moment.” The indicator provides a relatively simple assessment of market valuation and is now known as the Buffett Indicator. It’s based on…