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Affluent Investor | May 24, 2017

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Posts ByDavid Goldman, Author at Affluent Investor - Page 2 of 2

May 13, 2016 |

Trump’s Nuclear Arson in Asia

Late last year I spent some time with a former chief of China’s military intelligence, a bruiser with an ax to grind against the United States. Halfway through a long tirade about America’s alleged abuse of its global power, he interrupted himself … Read More

May 10, 2016 |

The Liquidity Effect on World Stock Markets is Fading

The good news is that world equity markets have popped back from their mid-February slump, after the world’s major central banks eased liquidity. The Federal Reserve backed off from its threat to raise interest rates four times during 2016, … Read More

May 9, 2016 |

Britain Won’t Leave Europe, But Watch it Collapse From a Distance

OXFORD–As it has for over 500 years, the Magdalene College Choir sang the Hymnus Eucharisticus from a tower high above this university town on the first day of May, followed incongruously by a dirty Elizabethan ditty about nymphs in Spring. An Anglican vicar … Read More

May 6, 2016 |

To Be Kind is to Be Cruel, to Be Cruel is to Be Kind

Just after the September 2001 attacks on the World Trade Center, I warned that radical Islam would horrify the West into submission. In Europe, it has taken a giant step towards success. Europe’s horror at the prospect of human suffering … Read More

April 22, 2016 |

Sorry to Have to Tell You This, But the World Just Came to an End

The ancient devil, we learn from the Book of Job, tormented ancient man by taking away what he needed. The modern devil, we learn from the Faust legend, torments modern man by giving him what he wants. What if you … Read More

April 18, 2016 |

Donald Trump, Be the Greatest Dealmaker in History!

Dear Donald Trump:

You are a great deal-maker. By your own account you’re the greatest dealmaker of the 20th century, and almost certainly the greatest dealmaker of the 21st century, even though it isn’t quite over yet. The Art of the … Read More

April 8, 2016 |

US Returns to Stagflation

“The economic surprise of 2016 may be inflation picking up more than most economists expect,” wrote Justin Lau.  in the March 21 Wall Street Journal, adding, “The Labor Department last week reported that its core inflation measure, which excludes food … Read More

April 1, 2016 |

Americans Won’t Be Paid for Being American Any More

Donald Trump argues that America’s problem is that it has sent its wealth overseas. Exactly the opposite is the case: America’s problem is that the world’s wealth came to America, and bought subprime mortgages. At the peak of the housing … Read More

March 22, 2016 |

Europe is a Sitting Duck for Terrorists

European security has collapsed, perhaps irretrievably. So many prospective terrorists are now operating in Europe that security services have lost the capacity to monitor potential threats. There is no historical yardstick against which to gauge the breakdown of law enforcement in … Read More

March 9, 2016 |

If You Believe in Entrepreneurs, Clap Your Hands

The entrepreneur is the dead elephant in the living room.

From 1977 to 2005, business startups accounted for almost all economic growth and all net job creation. Established firms shrank and new firms grew. After the Great Recession of 2008, the opposite occurred: established … Read More

March 3, 2016 |

Trump Triumphed Due to Downward Mobility

It’s still a horse race, but only just: Donald Trump’s Super Tuesday victories in Georgia, Alabama, Tennessee, Virginia, Arkansas, and Massachusetts outweigh the Ted Cruz victory in his home state of Texas and neighboring Oklahoma. The Republican Establishment will not … Read More

January 29, 2016 |

No Prosperity for Iran After Nuclear Deal

As a matter of arithmetic, Iran is flat broke at the prevailing price of hydrocarbons. Under the P5+1 nuclear deal, Iran will recoup somewhere between $55 and $150 billion of frozen assets, depending on whether one believes the Secretary of … Read More

January 13, 2016 |

More Horrible than Rape

The body of a 20-year-old Syrian woman, “Rokstan M.,” was unearthed from a shallow grave in the small Saxon town of Dessau last week. Her father and brothers stabbed her to death on her mother’s orders, after she was gang-raped by … Read More

November 24, 2015 |

The Witches of the Ivy League

The rumpus over perceived racism at American universities, with its demands for “trigger warnings” against possibly hurtful statements, “safe spaces” to protect minority students against felt hostility, and “speech codes” which forbid statements that might offend self-styled victims, has turned … Read More

November 20, 2015 |

Vladimir Putin, Leader of the Free World

If Mikhail Bulgakov had come back to life and written a Levantine sequel to The Master and Margarita, he could not have devised a scenario more lurid than what we now observe in Syria. Russian President Vladimir Putin is now … Read More

October 15, 2015 |

My Prediction: A Cruz-Rubio Ticket

Republican voters think the economy is the number one issue but can’t manage a public discussion on economic policy, as I observed Oct. 4th (“Who are you, and what have you done with the Republican Party?“). They flail at hot-button … Read More

October 8, 2015 |

Who Are You, and What Have You Done to the Republican Party?

No-one wants to talk about anything except the US elections, and there is nothing sensible to say about them. The Republican Party of better days, of entrepreneurship and energetic defense, seems to have been kidnapped by space aliens and replaced … Read More

July 23, 2015 |

Why Greeks Hate Jews

The Anti-Defamation League of B’nai B’rith polled 10,000 Greeks this June, and was shocked to learn that Greeks hate Jews. Greece, wrote Alana Goodman in the Washington Free Beacon,

…surpasses Iran and trails just slightly behind Turkey in the percentage of its … Read More

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