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 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...
by LBB | Apr 21, 2020 | Economy, Politics, Wealth
Due to continued intervention by central banks and governments over the past decade, free markets were already on life support before the Wuhan virus struck. The current crisis has given authorities an excuse, to shed any restraint and take full control of large parts...
by LBB | Mar 11, 2020 | Economy, Politics, Wealth
People who have bought stocks, bonds or other securities tend to think, that they “own” them. But what happens if your broker – be it the subsidiary of a bank, a large online broker or a smaller player – becomes insolvent? Can you get possession of your...
by LBB | Feb 27, 2020 | Economy, Politics, Wealth
By now everyone should have understood, that the coronavirus – or Covid-19 as it is called nowadays – is not just the flu. There is a lot of news coverage on this topic and it is therefore not necessary to provide more information on current infection...
by LBB | Jan 28, 2020 | Economy, Freedom, Global Living, Politics, Wealth
The last 75 years have been very kind to people living in Europe, North America, Australia and New Zealand. There has been no major war, income has been sufficient to allow for a comfortable lifestyle, and public pensions were safe. However, over the past two decades...
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