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April 13, 2015 Santiago, Chile On March 16, 1936, the government of the United States published the very first edition of the Federal Register. President Roosevelt had been taking a lot of heat over the previous year; under his New Deal program, dozens of government agencies were passing new rules,
April 10, 2015 Panama City, Panama After an incredibly pleasant week in Medellin, I departed this morning for Panama where the capital city’s already notoriously painful traffic has become a parking lot in the wake of the Summit of the Americas. Leaders from most of the Western Hemisphere are here
April 9, 2015 Medellín, Colombia The world has truly gone mad. We’ve become accustomed somewhat in the last several years to historical anomalies such as zero percent interest rates, Quantitative Easing, competitive currency devaluation, etc. by governments and central banks the world over. It’s almost become the new norm. But then
April 8, 2015 Medellín, Colombia About a week ago after having one of those days, I felt like unwinding by turning off the world and tuning in to some mindless action flick. Netflix heeded the call and immediately served up 1994’s Clear and Present Danger starring a slightly younger Harrison
April 7, 2015 En Route to Colombia Despite being an otherwise staid, traditional news service, the professional banking division of the Financial Times recently released an utterly scathing assessment of the British economy. It was entitled, “The UK economy is a ticking time bomb,” and the editor didn’t pull any
April 6, 2015 Santiago, Chile Last week, the government of China closed the enrollment window to join its new Asian Infrastructure Investment Bank (AIIB) as a ‘founding member’. The AIIB, if you haven’t heard of this yet, is designed to essentially displace the Western-controlled IMF and World Bank. And prior
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