The chart of the day is courtesy of The Telegraph and discussed by Sol Palha on Safehaven, that shows several Global Central Banks have embraced very low interest rate or even Negative Interest Rate Policies (NIRP) to try and arrest deflation and fuel growth. The jury is out on whether this would work long term as such an experiment in Japan is ending in failure.
Homelessness Epidemic: the Public Sector is a Welfare Program
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California’s homeless crisis proves the public sector is a welfare
program and political tool. The California State Auditor released a report
this month ...
50 minutes ago