How you or I feel about the controversial Trans-Pacific Partnership doesn’t seem to matter, though. Questions, comments and protests have all been ignored by governments of all 11 remaining nations. Trump’s America has chosen the route of isolation and protectionism. A short-sighted path that’s usually far more destructive to jobs, and whole economies, than free trade.
Your editors tackled how these issues are affecting markets. They looked at how you can invest to protect and grow your wealth during times of tension and potential crisis.
As Trump and his team impose their ideology on the US over the next four years, it will likely create a lot of wealth. Lower taxes and lower regulations WILL translate into genuine wealth creation.
Facebook has a big problem on its hands. It could be the biggest problem they’ve ever faced. Facebook has a fake news problem.
The election result is a two-fingered salute to the political elite who sign off on trade agreements with little regard for those that will lose their jobs.
The Reserve Bank’s ability to create inflation is akin to a power to tax. After all, inflation reduces our purchasing power just like tax. The Reserve Bank’s legislation should be updated to set out how much inflation the government and parliament expects.
Instead of a return to sound money under a gold standard, we potentially have something far worse than paper money — government or central bank-issued digital money.
The idea of raising that much capital? Call us lazy, but it just seems like a lot of hard work. We prefer the financial newsletter publishing business.