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Almost ten years ago to the day, I woke up in my hotel room in Bangkok and flipped on the TV; it was late, late in the evening in the UK, and the BBC News was broadcasting live coverage of the Brexit vote. As the results slowly trickled in and it became clear
Emmanuel Saez is an expert. A PhD economist from UC Berkeley, Saez has devoted his entire career to diligent research in a complex and dynamic field. He has numerous publications and citations under his belt, and his “h-index” (which tracks research productivity) is off the charts. So when Saez came out in support
The year was 1998. Titanic was still pulling people into theaters. Mark McGwire and Sammy Sosa were chasing Roger Maris’s home run record. And the Dow Jones Industrial Average had punched through 9,000 for the first time. The Cold War was over. The Internet and cell phones were starting to take off. And America’s
In April 1953, CIA Director Allen Dulles tasked a chemist named Sidney Gottlieb with finding out whether the United States could do what the Soviets were rumored to have figured out: control human minds with drugs. His methods were absolutely insane; Gottlieb set up a brothel in San Francisco where CIA-paid prostitutes dosed
The US presidential election of 1912 almost sounds like the setup to a joke. Two Republicans, a Democrat, and a Socialist walk into a bar… But it’s true: William Howard Taft and Teddy Roosevelt split the Republican vote (with Roosevelt starting his own “Bull Moose” ticket). Woodrow Wilson was on the Democratic side.
On April 22, the Telegraph published the results of an investigation showing that London landlords are advertising rental properties based on religious preferences. The listings appear on Facebook pages openly named “Renting room in London for Muslims” and “Muslim rents,” with language like “only for Muslims,” “for 2 Muslim boys or 2 Muslim
Fake net worth. Fake bestseller. Fake racial crisis. Three stories caught our attention this week which show just how much of politics is pure manipulation. Representative Ilhan Omar quietly amended her 2025 financial disclosure last week, revising her household assets from a range of $6 to $30 million, down to a range of
In late February 2022, days after Russia invaded Ukraine, the United States responded by freezing billions of dollars of assets owned by the Russian government. Whether or not that action was justified is beyond the point. US government bonds had long been considered the safest asset on earth. But every central banker on
10x in just nine months. That’s how much money our readers made on a precious metals mining company that we first featured in our investment newsletter Strategic Assets back in April 2025. At the time, the company’s stock was trading at a low, single-digit price/earnings multiple. We knew the precious metals boom wasn’t
In early December 2001, ‘normal’ life very suddenly ceased to exist in Argentina— anything that remotely resembled a functional society came to an abrupt end. And that is by no means an exaggeration. The banking system collapsed. Financial transactions ground to a halt. Desperate people looted supermarkets for food, and then grocery shelves emptied.
I had a Commodore 64 “computer” when I was a kid. I know I’m dating myself with that reference… but I’m telling you— back in the 80s, a Commodore was pretty hot stuff. It was basically an antique typewriter that you plugged into a television (sort of like a Nintendo or other gaming
In April 1971, Keith Richards loaded his family and his Bentley onto a cross-Channel ferry and drove south until he hit the Mediterranean. He rented a 19th-century villa called Nellcôte on a hillside above Villefranche-sur-Mer, and converted the basement into a recording studio. Over the following year the rest of the Rolling Stones
Three years ago, we discovered a small gold miner pulling metal out of the ground at an all-in cost of roughly $1,000 per ounce. At the time, gold was trading around $1,800, so that low cost of production really mattered for the company’s profit margin. Even at $1800 gold, the company was profitable,
On May 20, 1862, Abraham Lincoln signed the Homestead Act into law, and it essentially said: here’s 160 acres of land. It’s yours. For free. All you have to do is live on it and improve it. And between 1862 and 1934, the federal government distributed 270 million acres under the program —
A few months ago, the German government quietly passed a law requiring men between the ages of 17 and 45 to obtain permission before leaving the country for more than three months. It wasn’t announced in a press conference. It wasn’t debated on the front page of any newspaper. It was buried in