A Coming Supercycle for Commodities
Prices of commodities are surging despite the fact that economies, many of them still in the grip of lockdowns, are still far from full recovery from the pandemic.
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Tailpieces Blog Post 265
There are four reasons why international fund managers’ pessimism about Europe could be wrong, argues JP Morgan’s chief market strategist for the region, Karen Ward:
The Elite Seeks to Entrench Its Power
In the past American presidents have used the first of their four-year terms to do the nasty stuff, pushing through unpopular changes, saving the nice bits for closer to next elections. Joe Biden is …
Governments Want a Big Deal on Global Taxation
The Group of Seven major economies have agreed to introduce a 15 per cent minimum corporate tax rate to be applied worldwide by national governments. Less is being said about seeking global agreement on the basis of implementing the tax – a more important and much more controversial issue.
Living Well in a Safe Place
Last week I was introduced to a remarkable residential development in Chiang Mai, the charming city in northern Thailand where we live.
Money-Pumping Clears the Path for Gold, Silver
The way governments have acted to deal with the pandemic has come as a shock to all of us. A big shock. They have thrown money at the problem on a scale rightly compared with that of fighting a world war, abandoned any pretence of thrift in public affairs, and ordered about their citizens like schoolchildren. With hardly any opposition.
