#EconWatch : According to th @ecfr  , Europeans view the US, UK, & Japan more as allies/partners. Meanwhile, #china '>Communis #China  & #Turkey  are perceived as Europe's biggest rivals/adversaries. President Xi and Erdogan have big soft power deficiencies.

"The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder." – Frédéric Bastiat

"The most basic question is not what is best, but who shall decide what is best." – Thomas Sowell

Pres. Fernandez piled up #Argentina ’s debt. Now, he's holding the climate goal hostage to international debt relief. Talk about a double dealer. It’s time for Arg. to DUMP the pathetic peso that has lost 53% of its value against the USD since Jan 2020 and DOLLARIZE.

Dark forces have captured #ElSalvador , where corruption is thick as thieves. For a dollarized economy to adopt #Bitcoin  as legal tender, it makes no sense - unless Pres Bukele has an interest in promoting dark forces. See my interview on @KitcoNewsNOW  here.

In a recent speech, Sleepy Buhari claimed his govt lifted over 10 million Nigerians out of poverty in the last 2 yrs. Yet, according to @WorldBank , 7 million Nigerians dropped below the poverty line in 2020. When will Sleepy stop lying & wake up to reality?

#BREAKING : Following the Turkish Central Bank's decision to maintain its benchmark interest rate at 19%, the lira plunged to a record low against the USD. By my measure, inflation is 32%/yr. So, real interest rates in Turkey are -13%. The lira is TOAST.

#Iran 's economy is in shambles. Endemic inflation, steep borrowing costs, high unemployment, & little growth are a deadly cocktail. Indeed, Iran is one of the world’s most miserable countries. Only 7 are worse off.

Contrary to what #crypto  evangelicals tell us, cryptos are traceable. Every #BTC  transaction recorded permanently on the blockchain leaves bread crumbs for law enforcement!