by LBB | Jul 28, 2020 | Economy
Politicians and central bankers tend to blame the coronavirus for the current economic crisis. Nothing could be further from the truth. Apart from the fact that most of the recent economic pain is the direct result of governments overreacting, the global economy was...
by LBB | Jul 12, 2020 | Economy
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 policy knowing, that the risks were very low and you would achieve...
by LBB | May 22, 2020 | Economy, Freedom, Global Living, Politics
When the coronavirus spread around the globe, almost all flights were cancelled and borders shut. Nowadays, many countries in Asia and Europe are easing lockdowns domestically, but restrictions on international travel remain mostly in place. Especially...
by LBB | May 17, 2020 | Economy, Wealth
Many financial consultants claim, that stocks offer the best performance. Gold bugs contend, that the famous precious metal is without alternative in preserving wealth. And some tech entrepreneurs are convinced, that decentralized crypto currencies are the best...
by LBB | May 6, 2020 | Economy, Wealth
The coronavirus has severely disrupted our lives and our economies. Despite massive interventions by central banks and governments, markets are in turmoil. There are many indications, that the current crisis will be worse than the Great Financial Crisis 2007-09 and...
by LBB | May 4, 2020 | Economy, Politics
When the coronavirus struck at the beginning of the year, markets tanked. But when the US Federal Reserve (Fed) cut rates to zero and launched a massive quantitative easing program in mid-March, markets reversed. With central banks and governments adding new stimulus...
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