Britain runs a big trade deficit. The last time there was a surplus was in 1984, when it was modest 0.3% of GDP. The current rate is 6%. Leaving the effect of Brexit aside, the government is temporarily averting a balance of payments crisis by selling the country’s gold and silver – the basic infrastructure. …
The following is a quotation from the Vatican documents on Epicureanism: S. 17. It is not the young man who should be thought happy, but the old man who has lived a good life. For the young man at the height of his powers is unstable and is carried this way and that by fortune, …
Not only has the United States failed to win a war in recent years, not only is it inefficient and over- staffed – it hides up the facts. Recently the Pentagon buried an internal study that exposed $125 billion in administrative waste. The study found that almost a quarter of the defense budget is spent on …
In the November edition of (the British) Prospect magazine a Dutch author, Joris Luyendijk, wrote an article on the inflated sense of self-worth that pervades a small section of the political Right in Britain. He writes that many English people have a superiority complex that prevents them being realistic about their country’s place in the …
The flood of Trump-fearing American liberals sneaking across the border into Canada has intensified in the past week. The Republican presidential campaign is prompting an exodus among left-leaning Americans who fear they’ll soon be required to hunt, pray, pay taxes, and live according to the Constitution. Canadian border residents say it’s not uncommon to see …
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