A common misconception is the attribution of the Great Depression to the failures of Capitalism. Excessive greed from Wall Street Capitalists, artificially inflating the NYSE through speculation, produced an economic calamity – a tale told by Socialists and misguided historians alike. While the Wall Street Crash of 1929 provoked an initial economic contraction, the declineContinue reading “Roaring Twenties to Depressing ’30s”
Category Archives: Foreign Affairs
Inflation Promotion Act?
Faced with the prospect of a tidal wave of Democratic Party losses in the upcoming midterms, the first incoherent President embarked on a mission to pass what he termed the most ‘progressive bill’ since FDR. Slimmed down from the infamous ‘Build Back Better’ bill that featured a series of unfunded spending pledges, the wasteful spendingContinue reading “Inflation Promotion Act?”
Monetary Tightening? All talk.
Amidst spiralling inflation, Central Banks globally have promised to take the fight with all policies at their disposal. They claim a decade of dovish measures by the ECB, BoE and the Federal Reserve have come to a close. The Great Financial Crisis of 2008 ushered in a wave of unprecedented measures by Central Banks; expansiveContinue reading “Monetary Tightening? All talk.”
Flourishing Floridian Economy
Florida: The Sunshine State. It’s clear why they boast one of the fastest growing populations across the US. Successive Republican governors have given Florida the tools to become one of the fastest-growing economies across the US. Perpetuated by a strong business environment through low tax burdens on citizens and corporations, Florida’s prosperity looks set toContinue reading “Flourishing Floridian Economy”
