There was a time when we could have earned some interest on any cash that we leave in the bank. That could have gone a little way to ease the damaging effects of inflation. But not any more.
There is a pretty good chance that gold could rise further, even though it has come off its all-time high. But – and here is the big but – I won’t be buying any.
John Maynard Keynes said that in an economic downturn, people should collectively spend more to avoid a deeper recession. But he also admitted that they, instinctively, tend to do the opposite and instead save more. We must avoid falling victim to the paradox of thrift.
MMM has bought 100 shares of Panasonic Manufacturing Malaysia (KLSE: 3719) for a total consideration of RM3,215.55.
This will be the first time that MMM...
Independent migrant workers rights activist, Andy Hall, has questioned the US CBP’s reluctance to withdraw its Withhold Release Order (WRO) on Top Glove.
Independent migrant workers rights activist, Andy Hall, has questioned the US CBP’s reluctance to withdraw its Withhold Release Order (WRO) on Top Glove.