the-difference-between-a-forecast-and-a-guess

The Difference Between A Forecast And A Guess

The Difference Between A Forecast And A Guess Authored by Charles Hugh Smith via OfTwoMinds blog, Every forecast or guess has one refreshing quality: one will be right and the rest will be wrong. What’s the difference between a forecast and a guess? On one level, the answer is “none”: the future is unknown and even the most informed…

rabobank:-like-riding-a-bicycle

Rabobank: Like Riding A Bicycle

Rabobank: Like Riding A Bicycle By Michael Every of Rabobank “Like riding a bicycle” is an idiom that says once we learn to do tricky things we never forget. However, all around us important people are forgetting how to ride their bicycles. US President Biden is one, but there are so many others it’s hard…

the-ripples-of-government-intervention

The Ripples of Government Intervention

In one of his early works, Ludwig von Mises argued that mixed economies, those that can neither bear the labels of laissez-faire capitalism or socialism, were inherently unstable. His claim was that once a government intervention began, it foiled economic calculation in ways that altered behavior. Once unforeseen consequences of the intervention start revealing themselves,…

why-nato-fears-russia’s-iskander-missile

Why NATO Fears Russia’s Iskander Missile

The Iskander missile platform has been discussed in western military press circles for years now. But just how lethal is this missile? Here, we try to provide some clear answers: Russia’s 9K720 Iskander missile system is the most well-known system responsible for delivering Russia’s formidable ballistic missile arsenal. Otherwise known by its NATO identification SS-26 “Stone”, the Iskander is Russia’s most modern ballistic…