North Korea

Why Don’t We Learn?

From Socialism, Roman Style: One would think that with the unqualified collapse of the Soviet Union, the transformation of China into a quasi-capitalist state, and the pitiful condition of satellites [...]

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Hyperinflation, Devaluation and Something Else

Hyperinflation, Devaluation and Something Else

Two interesting articles from Rolfe Winkler. The first, involving North Korea, is indicative of what happens in an hyperinflation, including the financial destruction of savings. Interesting reading if you are [...]

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Is Obama Failing Along With Everything Else?

Is Obama Failing Along With Everything Else?

For investors, markets are tough to navigate even in good times. But these are not good or normal times. Our economy is arguably in the worst shape it has been [...]

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