Is it a coincidence that Singapore, like Israel before it, is currently experiencing a surge in COVID deaths at almost exactly six months after the start of its vaccination programme? Both countries were early adopters of a mass vaccination strategy to an approx 80% coverage, with Israel kicking off in earnest around the start of […]
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There seems no shortage of possible Black Swan events looming, although markets still seem fixated on the twin fictions; that we can borrow our way out of debt and that we can also vaccinate ourselves out of a pandemic. Unfortunately, endless repetition through a controlled media/Tech will not make either true and over the next […]
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Einstein’s definition of insanity is well known – “Insanity is doing the same thing over and over and expecting different results.” This however hasn’t discouraged some economists and central banks from arguing that all MMT (magic money theory) needs is just one more splurge of funny money to make it all come right. And as […]
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