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March 7, 2012 London, England [Editor’s note: Tim Price, a frequent Sovereign Man contributor and Director of Investment at PFP Wealth Management in London, is filling in for Simon today.] An engineer, a biologist and an economist are washed ashore on a desert island. After a few days without food they are starving.
March 6, 2012 Caracas, Venezuela With an annual murder rate estimated as high as 67 homicides per every 100,000 inhabitants in his country, Hugo Chavez is about to show the world that he’s tough on crime. At least, the non-governmental kind. Chavez’s government claims that 98% of the homicides in Venezuela involve firearms.
March 5, 2012 Caracas, Venezuela Here’s a fun question to ask yourself: if you had to disappear and live out the rest of your days below the radar, where would you go? Think about it seriously for a moment… it’s an interesting thought experiment. Assuming you had a dream team of angry creditors,
March 2, 2012 Santiago, Chile When I was a kid, I remember watching that Schoolhouse Rock cartoon about how a bill becomes a law. That single cartoon probably brainwashed three generations of children into believing in the checks and balances fantasy of the US federal government. The reality is what we see everywhere
Date: March 1, 2012 Reporting From: Santiago, Chile Earlier this week, the British government announced that Barclays PLC, one of Britain’s oldest and largest banks, was facing an $800 million penalty for engaging in a tax avoidance scheme. Barclays had been exploiting loopholes in legislation in order to avoid paying a higher tax
