Applied Economist @JohnsHopkins | Sr. Fellow & Director #TroubledCurrencies Project @CatoInstitute | @Forbes | FX & Commodities Trader | Reagan White House Alum
#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.
@MBuhari has failed. #Nigeria is in the grip of chaos. Bandits control major highways. The government can’t protect its own citizens from #BokoHaram or the #Corrupt police. #Unemployment stands at 27.1%, and #Inflation - which I accurately measure every day - soars at 30.37%/yr.
#Nigeria now ranks 146th out of 180 countries in Transparency International's Corruption Perceptions Index, slipping from 136th place when @MBuhari was first inaugurated. Under Buhari's “watchful eye”, corruption runs rampant.
This isn’t the Gestapo or KGB. These are #Modi ’s #RSS thugs breaking into #Muslim homes, pillaging & assaulting with impunity. #BJP ’s radical #Hindutva agenda is turning #India into a nightmare for Muslims. #DelhiBurns #DelhiRiots2020
@MBuhari announced in his 2021 budget proposal that he expects #Inflation to be 11.95%/yr next year. He must have pulled that number out of a hat. Today, I accurately measure #Nigeria ’s inflation at 29.45%/yr. That’s almost triple the President’s finger in the wind forecast.
#BREAKING : "We have no security, high levels of banditry, high levels of kidnappings, high levels of corruption, and all!" Listen to Nigerians talk abt Sleepy Buhari #Nigeria ranks 131 out of 162 o @CatoInstitute 's Human Freedom Index #June12thProtest