by LBB | Nov 30, 2019 | Freedom, Wealth
We take the view that there are inalienable human rights and that it is the duty of each state to protect them. Human rights cover Personal Protection, Personal Freedom and Economic Freedom. Particularly the right to economic freedom is heavily contested by many...
by LBB | Nov 23, 2019 | Economy, Wealth
Once upon a time you could go to your local bank branch and get investment proposals that had a realistic chance of generating a positive return. You could pay several decades into your life insurance knowing that you would receive your money back plus a nice capital...
by LBB | Nov 16, 2019 | Politics, Wealth
Over the past decade most governments in the Western World have largely increased their spending on social security and pensions. Even though the respective budgets already consume a large part of total government funds people continue to demand more and better public...
by LBB | Nov 9, 2019 | Economy, Wealth
In the old days our currencies were at least partly backed by hard assets such as gold or silver. However, since President Nixon abandoned convertibility of the USD to gold in 1971, we have a global system of fiat currencies. Fiat money is legal tender issued by a...
by LBB | Nov 2, 2019 | Economy
On September 15, 2008 the unthinkable happened: Lehman Brothers, the fourth largest investment bank in the USA that had been operating for 158 years and held over USD 600 billion in assets filed for bankruptcy. This sent shockwaves through global financial markets....
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