There comes a time in the course of human history when political systems, having failed to uphold the responsibilities and limitations given to them by their creators, and having exceeded those by such a margin as to violate the innate rights of those under such system, should and must be dissolved for the general benefit and justice of all those under its influence.

Since the pandemic started, we have seen major imbalances to supply and demand in the global markets. Supply chain disruptions due to lockdowns and other regulations, restrictions in travel, trade and businesses shutting down while at the same time we saw a negative demand shock in air travel industries, restaurants, tourism, movie theaters, etc. Thus, it shouldn’t come to us as a surprise that we are seeing rapid price adjustments (especially for products that we use every day).

Sixty percent equities, 40 percent bonds. What has been considered the golden rule of portfolio theory for decades is of less and less value to investors today. Because central banks have backstopped almost every market, essentially mimicking the market maker of last and first resort, returns have been low, correlations have increased, and valuations are deprived of their meaning.

For many decades the United States and almost every other country in the world have been haunted by fiscal deficits; however, normal people do not seem to realize how it can affect their lives and their well-being. Many people around the world simply do not care about how the fiscal policy of their respective country is and the governments use that lack of interest to advance their monstrous deficits.