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The Crypto Adoption Cycle Just Got a PayPal-Powered Nitro Boost

By: Justice Clark Litle

Oct 23, 2020 | News

One of the great wealth-building vehicles of the 20th century was the publicly traded retail franchise. There is a reason why retail franchise stocks, when successful, can deliver multi-thousand-percent returns over a long-term holding period. With a great franchise — like, say, a casual restaurant concept, or a new type of clothing store — the initial locations are shown to…

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The Department of Justice Went After Google — and the Market Shrugged

By: Justice Clark Litle

Oct 22, 2020 | News

Did you hear the one about the Department of Justice (DOJ) going after Microsoft? It isn’t a joke, but the stock market seemed to laugh at the news. On Oct. 20, the DOJ announced the largest antitrust lawsuit in decades, officially declaring Google “a monopoly gatekeeper of the internet.” The last antitrust action of this size and scope was launched…

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Central Bank Digital Currencies (CBDCs) are Having a Moment

By: Justice Clark Litle

Oct 21, 2020 | Educational

We are now barreling headlong into the Information Age, the fourth great age of human civilization. The prior three, as we’ve explained before, were the Stone age, the Agrarian age, and the Industrial age. The Stone Age gave us tools, the Agrarian Age gave us farming techniques, and the Industrial Age gave us factories and physical machines. Now the Information…

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‘Balance Sheet Recessions’ and the Inflationary QE Endgame

By: Justice Clark Litle

Oct 20, 2020 | Educational

To understand the times we are in, it is helpful to know what a “Balance Sheet Recession” is, and why it is so hard to get out of one. The Balance Sheet Recession — which can last for years, or even decades —  is another crucial concept for investors to grasp, along with other concepts we’ve explained like financial repression,…

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Why the U.K. Government May Need to Crash Its Own Currency

By: Justice Clark Litle

Oct 19, 2020 | Educational

The United Kingdom is headed for a “No Deal Brexit” break-up with the European Union. This assessment is based on harsh statements coming directly from Boris Johnson, the U.K. Prime Minister. If a “No Deal Brexit” happens, or even just an exceptionally “Hard” Brexit, the result could be a hammer blow for the British economy. That, in turn, could force…

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A New Wave of Infection is Hitting the U.S. and Europe — and a Fiscal Wave Will Follow

By: Justice Clark Litle

Oct 16, 2020 | Educational

It would not be correct to say the coronavirus is back — because it never actually left. We can say, however, that coronavirus caseloads are surging again on two continents. The numbers are starting to look alarming, and it isn’t even truly cold yet. (The winter months are expected to make the pandemic worse, due to reduced outdoor activities, lower…

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Restaurant Industry Trends are a Microcosm of Accelerated Creative Destruction

By: Justice Clark Litle

Oct 15, 2020 | Investing Strategies

In a book written in 1942 titled Capitalism, Socialism and Democracy, the Austrian-born economist Joseph Schumpeter coined the term “creative destruction” and called it “the essential fact about capitalism.” Creative destruction “revolutionizes the economic structure from within,” Schumpeter wrote, “incessantly destroying the old one, incessantly creating a new one.” The creative destruction process is all too often painful. Entire industries…

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The Polls Aren’t Wrong. Nor Were They Wrong in 2016

By: Justice Clark Litle

Oct 14, 2020 | Educational

In recent days, we’ve written about the “Biden Sweep” scenario, and how Wall Street has come to embrace it as a bullish expectation. The thing that Wall Street fears is a government spending cut-off that leaves the U.S. economy in a deflationary hole. If policy gridlock cuts off the anticipated flow of upcoming spending, permanent job loss and recessionary scars…

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The DOJ’s “Cryptocurrency Enforcement Framework” is More Good News for Bitcoin

By: Justice Clark Litle

Oct 13, 2020 | News

As a rule of thumb, regulation is good for established players. It helps the strong get stronger and the big get bigger, by making it harder to break into a space. Take data privacy rules around e-commerce and social media, for example. On the one hand, the big players in e-commerce and social media don’t like these rules. They are…

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An $83 Billion Silicon Valley Heavyweight Buys Bitcoin — and Shows Others How to Do It

By: Justice Clark Litle

Oct 12, 2020 | News

If you haven’t bought Bitcoin for the first time yet, the odds are good that you will. The question is whether you will do it sooner — and be glad that you did — or do it later and wish you had acted much earlier. Bitcoin is not just an investment opportunity, like a stock that investors can own or…

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