Category: Economics

Economics by GeoPolitic.orgOct 22, 202010:49 pm

Blain: The Market Has No Memory

Why The Worry? “ Giving elected representatives the keys to the printing press is the equivalent of giving a gambling addict the keys to the casino.” Equity Markets feel kind of lacklustre and dull at […]

Economics by GeoPolitic.orgOct 22, 20208:02 pm

Futures Slide Ahead Of Final Debate, On Lack Of “Stimulus Optimism”

S&P futures traded lower, alongside shares in Europe and most of Asia – but since rebounded from overnight lows – as worries about a delay to U.S. economic stimulus, surging virus cases across Europe and […]

Americas by GeoPolitic.orgOct 22, 20207:16 pm

A RETURN TO CONTAINMENT: KENNAN AND THE RESPONSIBLE USE OF POWER – PART 1

Part 1: The Intentional Destruction of U.S. Hegemony Civitates Foederatae Americae Hegemonia, 1991-2017 Introduction: The Corrosive Effects of Power British historian Lord Acton observed “…a person’s sense of morality lessens as his or her power increases.”, which […]

Economics by GeoPolitic.orgOct 22, 20206:40 pm

Bitcoin Surges Above $12k As Paypal Confirms Crypto Service

The rumors are now fully confirmed – the long-awaited “flippening” of fiat at PayPal will begin next year. This has extended the gains in Bitcoin, pushing the biggest cryptocurrency well above $12k for the first […]

Americas by GeoPolitic.orgOct 19, 20208:13 pm

“Americans Must Wake Up To The Ugly Reality” – China Is Now The World’s Largest Economy

China has now displaced the U.S. to become the largest economy in the world. Measured by the more refined yardstick that both the IMF and CIA now judge to be the single best metric for comparing […]

Americas by GeoPolitic.orgOct 17, 20204:38 pm

America Is Divided Over Class Not Race In 2020

It’s ‘Skype-Zoom’ v. ‘Muscular’ in today’s 2020 political cage match… We all know about the voice within the choir that stands out from the others with a distinct and superior sound. Such is the voice […]

Americas by GeoPolitic.orgOct 17, 20204:27 pm

Venezuela’s COVID-19 Battle Is Badly Hamstrung By The 31 Tons Of Gold Stolen From Its Treasury

On October 5, 2020, the England and Wales Court of Appeal overturned a lower court decision from July that denied the Venezuelan government access to 31 metric tons of its gold stored in the Bank of London. […]

Economics by GeoPolitic.orgOct 17, 20203:28 pm

Surging Bitcoin Futures Volume Signals Increasing Institutional Interest

Futures volume and open interest spiked at derivatives exchanges after Bitcoin price hit $11.7K, highlighting increasing participation from institutional investors. On Oct. 12 Bitcoin price (BTC) pushed above $11,700 on Binance and data shows trading […]

Americas by GeoPolitic.orgOct 17, 20203:16 pm

Goodbye Middle Class: Half Of All American Workers Made Less Than $34,248.45 Last Year

If you are making less than $3,000 a month, you have plenty of company, because about half of the country is in the exact same boat. The Social Security Administration just released new wage statistics for 2019, […]

Economics by GeoPolitic.orgOct 16, 20208:36 pm

Coinbase Holds More Than $11 Billion Of Bitcoin In Cold Storage

Cryptocurrency exchange Coinbase holds approximately 994,904 Bitcoin in cold storage, according to ChainInfo, a Bitcoin analytics platform. By today’s prices, this amounts to over $11 billion. The amount of Bitcoin held by Coinbase in cold storage has actually […]