Ed Yardeni: Economy Can Recover Without More Stimulus
“The data actually has been consistent with a ‘V-Shaped’ recovery”
Armenian & Azerbaijani Military Strength Compared
Fighting has broken out between Armenia and Azerbaijan over the disputed region of Nagorno Karabakh
What the Fed Owns
The Fed is still overwhelmingly about financing our otherwise unfinanceable federal deficits and propping up the US housing market
David Roche: US Restrictions on Chinese Chip Maker Major Escalation in ‘Cold War’
Far more likely to garner a Chinese counter-action than the US restrictions on Huawei and TikTok…
Mont Saint Michel in 3D
A beautiful island castle
Daniel Lacalle: Negative Rates Destroy Money and Harm the Economy
Monetary policy is simply a distraction from the real structural economic problems
Money Supply Growth Hits Eye-Watering 25% Year-Over-Year
Over three trillion new dollars
Zeppelins and the Empire State Building
Although it appears that the zeppelin is docking on the Empire State building, it is not
Map: Military Spending Around the World
Middle Eastern nations spend the most on defense as a percentage of GDP. America’s protectorates, Japan and the EU, spend the least
Nassim Taleb: Covid Is Making Economy More Robust to Certain Tail Risks
Fed monetary stimulus will become highly inflationary if Covid is brought under control