Billionairie Smugglers?
In a wild and crazy financial story (no… really!), two Japanese citizens were caught by Italian border patrol agents while on a train at Chiasso headed to Switzerland with an unusual amount of foreign bonds. To be clear, by “foreign bonds” in this case I mean American. And by “an unusual amount”, I mean $134,500,000,000 [...]
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- Tags: 134.5 billion, bonds, currency, Italy, Japan, Smugglers, Switzerland
One Score, and Ten Years Ago
Today, I turned 30 years old. I think you can know you’re getting old when you’re innocently shopping in the grocery store, and you realize that the soft, mellow music playing in the background was a hard, edgy, and daring song from your youth. Somehow, society has a way of incorporating music such that the [...]
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- Tags: birthday, future, unknown unknown
The People’s Car
In 1933, the head of the National-Socialistic German Workers’ Party desired to create a car that the common man could drive. Having recently become Chancellor, the leader quickly had the means to implement his plans, and soon after, Volkswagon (“People’s Car”) was born. Stressing the failure of capitalism, the leader saw himself as neither right [...]
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- Tags: corporatism, fascism, General Motors, GM, nationalization, Obama
