Month: May 2012

If someone tells you that they are a graduate of Harvard and Yale, you would assume that they have at least a reasonable understanding of investing and economics, especially if that Harvard and Yale grad was running the United States of America. Unfortunately this is not the case. Since Barak Obama has been

The Icelandic króna has been in use since 1874 however many Icelanders and now crying for a historical change in currency. As a result of the capital controls place on the króna, the country is examining the possibility of adopting the Canadian Dollar.  Here’s an interview between Business Insider’s Adam Taylor and Icelandic

In an attempt to increase revenues by better ensuring attendance, one Texas school district is integrating trackable RFID chips into their students’ IDs. District spokesmen claim that this push is to increase student safety however there are major financial incentives as well. How long will it take before teachers are being tracked and

Digital privacy is something that is highly valued in the Sovereign Man community and now the UK is taking further action to protect the unsuspecting public from intrusive websites. UK citizens will have a choice on whether or not they want websites to know their past browsing activity. Yahoo UK reports: “A new

As more companies are outsourcing jobs around the world, entrepreneurs are constantly looking for the next budding region with skilled inexpensive labor. Vietnam is becoming one of those countries. This has been a result of their large and educated population prime to be used in the IT industry. BBC explains: “Vietnam has moved

How much faith must you have in your country if you start liquidating all of you investments in that country? This reason is exactly why Europeans should be concerned as European fund managers are cashing out most of their European assets. This has been as a result of managers fearing Greece’s exit of

Despite China’s long history of Communism, even leftists political leaders are beginning to embrace market reform and the amenities that it brings. Starbucks and Walmart locations are emerging all around the Beijing and Hong Kong areas. In spite of some nationalist resistance, even communists are warming up to the western market mentality and

Mongolia currently is working to pass legislation to loosen China’s grip on their natural resources. However critics are debating whether this geo-political decision will have a negative economic impact since China’s proximity and financial resources makes them an obvious purchaser of their commodities. Mongolia is exploring options to cultivate the resources themselves or

If someone told you that they would intentionally smack their head on the ceiling, you would probably think they needed professional help. But that’s exactly what the U.S. government does when they voraciously spend until they reach their mildly imposed debt ceiling. Last year when the debt ceiling was raised, S&P lowered the

As a result of China’s strides to become the next global superpower, an influx of foreigners are traveling there to seek employment and new opportunities. China has a deep history of isolationism as well as hostilities to foreigners (i.e., Boxer Rebellion.) Now foreigners in China are very polarizing figures were some are met

In today’s digital age, threats to our personal privacy are more apparent than ever and barrage us on all fronts. The dismantling of Americans’ right to privacy continued with Obama’s renewal of the Patriot Act and now even Facebook and Google are selling customers’ personal information to third-party sources including the U.S. government.