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In the ancient town of Casinum—modern-day Cassino, Italy—parts of a Roman amphitheater still stand after nearly 2,000 years. Carved into the stone, in Latin, is an inscription that translates to: “Ummidia Quadratilla, daughter of Caius, built the amphitheatre and temple for the people of Casinum at her expense.” Ummidia Quadratilla
Every January, a consulting firm called the Eurasia Group releases its annual “Top Risks” report—required reading in corporate boardrooms. That’s because the firm’s founder, Ian Bremmer, is a CNN and MSNBC regular. His chairman, Cliff Kupchan, is a former Clinton State Department official. They’re about as establishment (i.e. leftist) as
Former Fed Chair and ex-Treasury Secretary Janet Yellen finally told the truth. In recent remarks at the American Economic Association, she told the audience that US finances are in worse shape than most third-world countries. She said specifically that America’s “needed belt tightening is significant—larger than in most programs supported
Congratulations to Kamala Harris on her new $8.2 million beachfront home in Malibu. The former Vice President—who spent years warning Americans that “our oceans are warming” and “sea levels are rising”—has apparently decided the beaches of California are safe enough to bet $8 million on. During her 2019 presidential primary
In 1913, Argentina was one of the wealthiest countries on Earth. Its GDP per capita rivaled that of Western Europe. The port of Buenos Aires bustled with international commerce. Immigrants flooded in from Italy and Spain, chasing the same promise that drew millions to US shores. Then came the Peronists.
On September 1, 1575, a royal courier from King Philip II of Spain arrived to the banking house of Niccolò de Grimaldi in Genoa. The Grimaldi bank had loaned Philip quite a sum of money, and the Italian bankers already knew that the king’s finances were on shaky ground. So
Tim Walz is angry. Jacob Frey is angry. I find it so rich that the people destroying the country think they have the right to be angry. Walz is the guy who allowed billions in fraud to flow through Minnesota social programs. He and his party import the worst third
Of the $18 billion in federal funding that went to 14 Minnesota-run welfare programs since 2018, HALF of that total may have been complete and total fraud. This scandal is a case study in government incompetence— over 90 people charged with bilking at least hundreds of millions from programs meant
It’s hard to imagine America being intimidated by a guy named “Little Turtle”. And yet, in the year 1790, he was about as terrifying as it could get. Little Turtle was the war chief of the Miami nation, one of the Algonquian-speaking tribes in the Great Lakes region, and he
In our final look back at past work before my team and I take some time off for the holidays, we’re revisiting an article from August 2019 that captured one of the most important long-term truths about power, wealth, and decline. Think back to August 2019—your expectations and outlook at
Today we’ll continue our look back at past articles, with a piece that goes all the way back to 2012. I was in Oxford (before it became the woke capital of British academia), watching a Shakespeare play that referenced ducats—and it kicked off a deeper reflection on the stable value
Today we’ll continue to look back at past articles that have become especially relevant, as many of the trends we warned about are now playing out in real time. Yesterday we talked about how, back in 2022, we encouraged readers to move into real assets at a time when the
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