I’m sure there will be some shocking events in 2026, but I could only guess what they will be.  There are too many wildcards in the mix, with one big one taking center stage: States.  Check any problem and if you dig deep enough you’ll find one or more of these indispensable organizations at the root. The civilized world, such as it was, took a nosedive after the Sarajevo assassinations in 1914 ignited the political tinderbox in Europe. To pay for the massive slaughter that followed, states abandoned gold and turned to inflationary finance and borrowing, in addition to heavy … Continue reading →

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