Feb
13
A Bad Day For UK Shareholders
February 13, 2022 | 2 Comments
Today was a fairly bad day to be a shareholder in the United Kingdom. The idea of property rights - something that is vital in a modern democracy - seems to have been damaged somewhat.
Property rights are a central tenet of a modern economy. Without legal rights of ownership with a solid enforcement system, the [...]
Feb
13
Europe Really Is In Recession
February 13, 2022 | 1 Comment
Despite the credit crunch or crisis - depending upon your lexicon - politicians around the world have been clinging to anything positive and trying to avoid the word “recession” in any form.
Those brave souls that do use the word recession are playing it down in the hope that it will only last a few weeks. [...]