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Jeff Thomas

International Man Jeff Thomas is British and resides in the Caribbean. The son of an economist and historian, he learned early to be distrustful of governments as a general principle. Although he spent his career creating and developing businesses, for eight years, he penned a weekly newspaper column on the theme of limiting government. He began his study of economics around 1990, learning initially from Sir John Templeton, then Harry Schulz and Doug Casey and later others of an Austrian persuasion. In 1999 he began his predictions for a second Great Depression and has since focused his attention on its ramifications and how it would affect the world.

Homepage: http://www.caseyresearch.com/go/bxfv6/NIT

When Might the Pillaging End?

Recently, I published the comment that, when the present debt bubble eventually pops, “governments will lose the economic power to continue their advance against economic freedom.” The immediate reaction from one reader was, “What could we expect next?… The governments and Deep State aren’t going to ‘just go away.’” An excellent question—one which deserves an […]

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Where Do You Go in a Hurricane?

As a West Indian, I’ve lived through quite a few hurricanes in my time. My level of responsibility in each varied quite a bit. I was eight years old in my first hurricane and I thought it was great fun, as it was so exciting during the hurricane and, afterward, the landscape had changed so […]

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Selling the Golden Goose

Venezuela is a naturally rich nation. It’s ranked seventh worldwide for biodiversity and has the world’s largest reserves of oil. This is a country that deserves, more than most, to thrive. However, as in all countries, it passes through economic cycles and, when on a downward curve, would-be leaders take the opportunity to claim that […]

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Creating Another “Crash of 1929”

Regarding the Great Depression… we did it. We’re very sorry… We won’t do it again. – Ben Bernanke Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road—either too much inflation, financial instability, or both. – Janet Yellen In his speech above, future Federal Reserve Chairman Ben […]

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The Candlemakers’ Petition

French economist Frédéric Bastiat was a man far ahead of his time. He was a “classical liberal,” which today would identify him as a libertarian. He expanded upon the free-market argument set forth by Adam Smith in 1776. In 1845, the French government levied protective tariffs on scores of items, from sewing needles to locomotives. […]

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Couldn’t Hit an Elephant

“They couldn’t hit an elephant at this distance.” Those are purported to be the last words of General John Sedgwick, spoken as he observed distant Confederate troops during the 1864 Battle of Spotsylvania in Virginia. (Historians debate as to whether these were his very final words or amongst his final words, but there is no […]

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The Dancing Bears

In the early 2000s, I recommended to associates that we were in for a major gold boom. Most thought that this was a ridiculous suggestion and didn’t buy a single ounce. I continued to recommend the purchase of gold regularly over the ensuing years, and the price continued to rise. Only in 2011 did they […]

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Beware the Ides of March

Idus Martiae is the Latin term for 15th March from the traditional Roman calendar. Since 44 BC, the Ides of March has held a dark reputation, as that was coincidentally the date of the assassination of Julius Caesar. In December of 2016, the chairman of the Federal Reserve announced that the Fed was likely to […]

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Food Crisis—The Greatest Threat to Social Stability

Recently, I was in a pharmacy and overheard the pharmacist say to someone, “There’s so much unpleasantness on the news these days, I’ve stopped watching.” The pharmacist has my sympathy. I’d love to be able to ignore the deterioration of the First World. It is, at turns, tedious, depressing, disturbing, and infuriating. Unfortunately, we’re now […]

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The Sinking of the Lord Clive

The image above is of the 18th-century home of friends in Colonia, Uruguay. Today, sitting on their back patio on the Rio de la Plata, I looked out at a small yellow buoy in the harbour that marks the final resting place of the Lord Clive, a large, 60-gun British warship from the 18th century. […]

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