This piece of paper represents money issued by the central bank. But, the use of this type of money is quickly dropping as people are more and more using bank cards like this to buy stuff online and in stores. So, now central banks all over the world are introducing... [Read More]

This is what China’ s capital of manufacturing, Shenzhen, looked like in 1980, a backwater fishing village in one of the poorest economies in the world, and this is what it looks like today. To me this clearly demonstrates the power of China’s incredible economic miracle. A miracle that lifted... [Read More]

YouTube’s favorite geopolitical analyst Peter Zeihan’s has recently made huge waves with his wild prediction that we are looking at the end of China as a political entity within a decade or two and as an end and an economic entity within a decade But, is this prediction a bout... [Read More]

This is the path of inflation in the United States, the UK, and Euro Area. After being stable around 2% for years, inflation suddenly jumped up to around 10% after the pandemic, while the price of some essentials like food and energy went up by even more than that, leading... [Read More]

In 1999, the mighty German economy was in so much trouble that, based on the work of legendary German economist dr. Holger Schmieding, the Economist magazine crowned the country the sick man of the Euro. And, today, almost twenty-five years later, Germany once again graced the cover of the Economist... [Read More]