The chips start to fly

If a foreign power – or aliens – wanted to wreck our economy, why waste time and money on firepower? All they would have to do is cut off our access to funny-money credit. Auto sales would stop. House

Argentina’s president, Javier Milei, is one of the few bright stars in the vast, dead, black, cold and empty universe of politics. Whatever else can be said about him, that star is rising. Milei led h

If time is money, money must be time. And time is life. So, the people who control the money must also control our time. Most people count their lives in time – in hours, weeks, months. Each one repre

Global markets and the new illiberalism

“All government leaders know what to do. They just don’t know how to get re-elected if they do it.” Jean-Claude Juncker, the former president of the European Commission, said little of note in his pol

“Markets appear to have their mojo back,” says The New York Times Dealbook. Shares on Wall Street wobbled at the end of last week, with even strong results from AI chip champion Nvidia failing to calm