Fed: the silent crisis
November 8, 2025The Federal Reserve, the central bank of the United States of America, has recently lost access to a valuable macroeconomic indicator: anonymized data on employment and wages provided by ADP, the payroll-processing giant. More than just a technical anecdote, this statistic—no longer available to the Fed—poses a threat to stability and hinders its ability to…
Argentina in the Paradise of Lawless Capitalism
January 14, 2025The Community of Latin American and Caribbean States (CELAC) has firmly condemned Trump’s repeated threats to forcibly target the Panama Canal. The condemnation was nearly unanimous, with just one dissenting voice—unsurprisingly, that of Argentina, led by the self-proclaimed “anarcho-capitalist” Milei, an unwavering supporter of Trump. The Argentine president is bleeding his economy dry, having…