A decade ago, Spain was a basket case. It had built up massive debt, and it was falling into a Depression. Today, Greece is in a similar situation, although the details are different.
A good part (certainly not most) of the travails of...
Robert Shapiro
Robert (Bob) Shapiro is self-taught in Austrian Economics and has consulted briefly for the governments of Mexico, Greece, Portugal and Spain. He has traded Gold & Silver and their stocks since 1970. Bob Shapiro’s blog is http://us-issues.com
Articles by Robert Shapiro
I generally am NOT a fan of business regulation. I believe that simple enforcement of laws against fraud and other crimes should be sufficient to keep businesses on the straight and narrow.
Diligent enforcement of the law, together with...
Diligent enforcement of the law, together with...
I was in Mexico a dozen years ago, trying to interest the three parties’ leaders to institute a Silver Backed Peso. The country was ideally situated at the time, with a National Debt and GDP that were significant but small enough to allow...
After WWII, with the advent of the jet engine, a race was on to see who could break the Sound Barrier first.
To pick up the final burst of speed in order to get past Mach I, just over 760 mph, test pilots would go up to 45,000 feet, and...
To pick up the final burst of speed in order to get past Mach I, just over 760 mph, test pilots would go up to 45,000 feet, and...
There is a pair of troubling items which have been appearing repeatedly in the news lately:
There is a War on the use of Cash, and
Several banks which have been insolvent (bankrupt in fact) are being given the legal go-ahead...
There is a War on the use of Cash, and
Several banks which have been insolvent (bankrupt in fact) are being given the legal go-ahead...
The FED (Federal Reserve) controls money and credit within the United States. While the President nominates the FED Chair and a few other officers, the FED is NOT part of the US government. To be sure, Congress can abolish the FED, just as...
The US Federal Government continues to release reports to the American people that either mislead or falsify the underlying data. This sorry state of affairs has been going on for generations, although it appears to have gotten worse – and...
When interest rates are kept low artificially, as has been the FED’s policy for at least the last 10 years, some benefit while others are hurt. Many times, those who are hurt don’t even know it is happening to them.
An insurance company...
An insurance company...
The other night, I talked with my new friend Jack about the Economy, Taxes, and eventually Social Security. I explained that the unfunded liability for Social Security was far beyond what was possible to meet, and that somewhere down the...
How does the Standard of Living in an Economy grow?
During the Dark and Middle Ages, there was very little innovation. There was very little effort expended to find new ways of doing things – of finding ways to create more while using...
During the Dark and Middle Ages, there was very little innovation. There was very little effort expended to find new ways of doing things – of finding ways to create more while using...
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