Declining currencies valuations in emerging markets (i.e. Lebanon down 91% against the US dollar) is causing massive impact on the cost of commodities like food and energy. And the next step, default on $US denominated debt.
Please pay attention – this new government tax increase impacts every worker in the country and kicks in January 1st. But no one is hit harder than the self employed and small business owners.
Last Goofy of the Year
Some call Canada timid, soft or worse. Will 2022 be the year Canada finally acknowledges the biggest geopolitical challenge of the age?
Quote of the Week
Two former central bankers warn that history shows that the Fed Reserve and Bank of Canada can’t just turn inflation on and off.
Shocking Stat of the Week
Lots of talk about transitioning to renewables and EVs but not much about the astounding cost. Sit down when you hear this.
Energy prices are screaming higher – and there’s a reason why the upward pressure won’t stop.
Quote of the week
On the eve of the election, three heavyweights weigh in on what it takes to be a great leader.
Trumps gone – and so has the anger and frustration…Not! The latest polls results are truly shocking – and spell trouble ahead.