Tag Archives: economics

Island economics – Is the United States in trouble?

The US dollar fell last month and probably has further to drop. The US is facing massive stagflation pressures as it deals with rising prices, but no economic growth. This happened before in the 1970s. Here are 3 primary catalysts explaining why it’s happening again today. The US government butchered the pandemic response compared to other parts of the world… Read More »

The State of the Economy – 2020 and Beyond

Past and future predictions Last year I predicted rough waters for 2020’s economy, and suggested 4 investments to protect against uncertainty. How did those suggestions work out so far? National real estate prices are +7% from last year. Year to date my silver stocks (WPM.TO) is +79%. Major telco stocks are down by about -3%. XCB.TO, an ETF… Read More »

Pay More Attention to History, Less on Forecasts

Economics is the only profession where you can gain great eminence without ever being right. Remember earlier this year when just about everyone anticipated higher interest rates, but then the Bank of Canada slashed rates instead? If mainstream economic predictions were right interest rates would be a lot higher by now, our wages would have grown to keep… Read More »