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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
April 2, 2015 Sovereign Valley Farm, Chile Every few centuries or so, an amazing new technology comes along that fundamentally changes human civilization. There are so many other examples throughout history. The Agricultural Revolution. The Industrial Revolution. The invention of the printing press. The printing press was a particularly interesting
April 1, 2015 Santiago, Chile Several months ago, the government of Australia proposed to tax bank deposits up to $250,000 at a rate of 0.05% (5 basis points). Their idea was for the money to be invested in a rainy day Financial Stabilization Fund to insure against in the unlikely
March 31, 2015 Sovereign Valley Farm, Chile Yesterday we discussed the utter insanity of the debt-based education system—the trillion+ dollar explosion of student loans out there that may very well be the next bubble to burst. It’s a completely ridiculous system which saddles 22-year olds with tens of thousands of
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