Nicholas Say

AuthorNicholas Say

Nicholas Say grew up in Ann Arbor, Michigan with a father that would read him the Wall St. Journal alongside of other bed-time fare. He has traveled extensively and been lucky enough to study a changing global economy in person. Nicholas spent many years in the Southern Cone of South America, sometimes in the middle of the countryside. Now he lives in the Far East, and writes on a variety of subjects.

Trump to Drop Iran Oil Waivers, All **** to Break Loose

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According to numerous reports that cite anonymous sources, President Trump has given Secretary of State Mike Pompeo orders to announce that as of May 2, 2019, any and all Iranian oil waivers will not be renewed. The story was first reported in an opinion piece published by The Washington Post. According to the story, the goal is to force Iranian oil exports to zero. Crude oil has risen sharply on...

Craig Wright Roils Crypto Community, But Who Knows Satoshi Nakamoto?

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Craig Wright has been at crypto ground zero for a long time. He was an early suspect in the race to unmask the enigmatic creator of Bitcoin, who called themselves Satoshi Nakamoto. Craig Wright initially said he was Nakamoto, then denied it after the Australian Federal Police raided his home on a matter the AFP claims wasn’t connected to Bitcoin. Apparently, with the AFP raid behind him...

Russell Brand on Notre Dame: Apocalypse!

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The fiery images of Notre Dame burning were terrible to see. Russell Brand sees them as being as jarring as the World Trade Center towers falling on 9/11, or the devastating Grenfell Tower fire in London. In short, these images look like an Apocalypse. The British thinker and comedian goes on to discuss the fact that the image of a building on fire has deep psychological significance, and may...

Elon Musk Threatens to “Nuke” Ex-Tesla Employee

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Things might be far worse than they seem at Tesla Motors. Elon Musk reportedly threatened to “nuke” a former employee that resigned last year. The incident occurred last September, and Musk has been accused of physically assaulting the ex-employee. Elon Musk has been in and out of trouble over the last year. The fairy-tale story of Tesla Motors is beginning to look more like a mix between a film...

Are Central Banks Planning to Kill Bitcoin?

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It looks like Bitcoin has made the central bankers at the BIS a little bit nervous. BIS General Manager Agustin Carstens has been a pretty harsh critic of cryptocurrency, but now it appears that the BIS may be designing their own Central Bank Digital Currency (CBDC). Both Carstens and IMF head Christine Lagarde have been beating the drum for a new kind of currency in recent months. The nature of...

Was There a Chinese Spy at Trump’s Mar-A-Lago Resort?

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It seems like US President Trump’s Florida Mar-A-Lago is becoming a hot-bed for international intrigue. A Chinese woman was recently taken into custody after entering Mar-A-Lago after checking into the resort. According to media, four phones, two passports, and a pen drive loaded with malware were in her possession. The Mar-A-Lago resort is one of Trump’s favorite places to do...

Why You Should Dump Facebook Stock ASAP

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The long term prospects for Facebook stock aren’t great. In addition to the company’s total lack of respect for its users’ data, Facebook’s growth model isn’t going to keep generating big returns. At the moment, Facebook shares are participating in an epic rally from last December’s lows. The shares aren’t bouncing back to the same degree that the NASDAQ...

Bitcoin Prices Blast Higher, But Why?

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Over the last few days, Bitcoin prices smashed through their 200 SMA to the upside, but many market watchers want to know why. Like anything in the world of crypto, there are numerous opinions why Bitcoin Prices have reclaimed the $5,000 USD level. One popular theory suggests that Bitcoin is leading the cryptocurrencies out of a bear market that began in December of 2017. With a jolt higher from...

Analysts See Possible Catastrophic Corporate Credit Meltdown

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Unless you invest in the corporate credit market, it is probably an area of the financial landscape that isn’t on your radar. The vast majority of people focus on government debt, but there could be a big problem brewing in the commercial bond market. Like seemingly every other area of the economy, companies have borrowed extraordinary amounts of money in the post-2008 low-interest rate...

Russell 2000 Earnings Could be Tip of Recessionary Iceberg

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Just about anything can happen in the world of finance. The Russell 2000 is comprised of the 2000 smallest companies of the Russell 3000. While the Russell 2000 isn’t as widely followed as the S&P 500 or the NASDAQ, it could be the harbinger of tough times ahead. Like just about every other measure of equity performance, the Russell 2000 had an amazing start to the year. It is up more...