Economy
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Belgium Seeking Young Troops | Armstrong Economics
Belgium abolished mandatory military service in 1995, operating with an all-volunteer military force. The defense department has been keenly interested in recruiting young men to join since it became apparent that Belgium would become involved in the Russia-Ukraine-NATO war. Defense Minister Theo Francken issued a message on X: “All 17-year-olds in the country are encouraged to learn about the Ministry…
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Operation Arctic Frost — BIDEN’S WATERGATE
Just received this doc frm DOJ Proof that Biden Atty General Merrick Garland+ Deputy Atty General Lisa Monaco+ FBI Dir Chris Wray all PERSONALLY APPROVED opening Arctic Frost This investigation unleashed unchecked govt power at the highest levels My oversight will continue pic.twitter.com/atuRnC8ara — Chuck Grassley (@ChuckGrassley) October 23, 2025 Paranoia surrounding the security of Joe Biden’s presidency reverberated throughout the…
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What the call for fiscal headroom reveals
Everyone, including the IFS, is agreed that the Chancellor should in the budget create more fiscal headroom than she did previously. Rather than match forecasts for taxes to expected current spending (plus or minus ten billion, say), she should aim for forecast taxes to be significantly more above expected current spending, to allow for headroom against unforeseen negative shocks.…
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mainly macro: Populism and Economic Prosperity
Mainstream political parties normally claim that populist parties, if they ever got to power, would damage the economy. We have clear evidence that they are right, and right in a big way. A paper in the American Economic Review (one of the top economics journals) published nearly two years ago, looked at the macroeconomic consequences of populist regimes coming…
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PRIVATE BLOG – Gold into the Crosshairs
Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/ Source link
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The Pieces Of The Resolution The Democrats DON’T Want You To See
Health care spending has been at the forefront of the Democrats’ tantrum that led to the government shutdown. Where else do they plan to send tax dollars? The continuing resolution to keep the government open for another six months has a few stipulations that should raise questions. The Corporation for Public Broadcasting (CPB) is to receive nearly half a…
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Electronic Tattoos – The Forewarned Mark Of The Beast
Bill Gates believes that electronic tattoos will soon replace smartphone technology. This is not a dystopian fable but an active plan set in motion by Chaotic Moon that was acquired by Accenture. Nanocapacitors that conduct electricity will be integrated into the body through these electronic or biometric tattoos and are activated by simple vital signs. Marketing focuses on convenience and…
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Parallels between what to do about Trump and what to do about Farage
Much as Starmer’s government has attempted to deal with Farage and domestic right wing populism by bending towards it (some might say falling over towards it), Starmer has tried to deal with Trump in a similar manner. One obvious example is inviting him for a state visit. Another was probably the appointment of Peter Mandleson as US Ambassador. The…
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Quarterly Vs Semi-Annual Earnings Reports
President Donald Trump believes that companies should cease reporting on a quarterly basis and switch to semiannual reports instead. Trump said that the concept is “subject to SEC approval” and would “save money, and allow managers to focus on properly running their companies.” JPMorgan Chase CEO Jamie Dimon and Warren Buffett also once voiced support for semiannual reporting. “In our…
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The real fiscal concern should be a populist government
Scare stories about UK fiscal policy seem a regular occurrence nowadays. The latest is the idea that the UK might have to go to the IMF for money. It’s nonsense of course. The UK government cannot run out of money because it can create reserves, just as it did when the world’s bond markets dried up at the start…
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