Stay Up To Date
Critical Topics We Cover
Tulips aren’t native to Holland. The first Tulips were brought over from Istanbul (then known as Constantinople) by a horticulturalist named Carolus Clusius in 1593. But the scent, shape, and rarity of the flower soon caught on and quickly became a status symbol among wealthy Dutch residents. As with any
[Editor’s note: Tim Price, London-based wealth manager, is filling in for Simon today.] The scenic mountain resort of Jackson Hole in Wyoming played snowy host this weekend to the world’s major central bankers, meeting in conclave to discuss their latest victories over the world economy. Thronged by adoring savers, the
In 1999, as an arrogant 20-year old kid who thought he knew everything, I went flat broke. Actually, I was worse than broke. On top of losing all of my money, I was also in debt more than $22,000… so I had a negative net worth. That was an astronomical
Earlier this week the German government leaked a frightening 69-page memo entitled “Concept for Civil Defense.” Citing multiple terrorist attacks, cybercrime, and a host of other threats, the report states that Germans should prepare for an event that could “threaten our existence.” Yikes. The report proposes a number of mandatory
That was fast. Yesterday I told you how a consortium of 15 Japanese banks had just signed up to implement new financial technology to clear and settle international financial transactions. This is a huge step. Right now, most international financial transactions must pass through the US banking system’s network of
In July 1944, just weeks after the successful Allied invasion of Normandy, hundreds of delegates from around the world gathered in Bretton Woods, New Hampshire to determine the future of the global financial system. The vision was simple: America would be the center of the universe, and every other nation
Stay in the loop
