Wealth & Poverty Review

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Memorial Day Parade with Veteran and Child
Image Credit: spyrakot - Adobe Stock

Veterans Day: The Holiday Whose Time Has Come

The U.S. has always stood for freedom and against aggression and tyranny. Surely many Americans who enlisted to serve in wartime knew neither the forsaken places they were going nor what they would encounter, but they all had a distinct conviction that they were fighting not only to set overseas captives free but to protect freedom at home. Read More ›
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A collection of gold and silver bullion bars stacked in a secure vault symbolizing wealth preservation and investment security.
Image Credit: Finn - Adobe Stock

The BRICS Need Gold Bank Accounts

The BRICS — a consortium of eleven countries, with 22 more in application stages, led by China, Russia, India and Brazil — declared in October the building of a new “gold settlement architecture as a strategic safeguard against global financial volatility.” This is a fine goal, which can take many specific forms. The quickest and easiest way (although not necessarily the “best” way) to get this done is to introduce “gold checking accounts”… Read More ›
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panoramic view of reykjavik at wintertime, iceland
Image Credit: Marc Jedamus - Adobe Stock

Iceland: More Entrepreneurs or More Bureaucrats?

For Iceland to thrive, it must continue to unleash its creative energy—to innovate, to speak, and to let knowledge flow as freely as its geothermal springs. Iceland is proof that wealth is not in the ground but in the mind. When faced with the scarcity of matter, Icelanders discovered the infinite power of knowledge. Read More ›
XVBRICSSummitfamilyphotoWikimediaCommons
Public Domain image at Wikimedia Commons: https://commons.wikimedia.org/wiki/File:XV_BRICS_Summit_family_photo.jpg

The BRICS’s New Gold Settlement Architecture Is Being Built — But Won’t Be Needed

The "BRICS" is now a consortium of ten countries, with 22 more countries in application stages, led by Russia, China and India. Events since 2022 have lit a fire under the BRICS members to establish a new global financial and currency architecture that is wholly independent of the US dollar system, which has been the main focus since the Bretton Woods Agreement of 1944. Read More ›
two-national-flags-the-united-states-of-america-and-india-wa-1643667293-stockpack-adobestock
Two national flags the united states of america and india waving proudly side by side against a bright blue sky with fluffy white clouds
Image Credit: Pixim Stock - Adobe Stock

The Indian American Community Deserves Immigration Fairness

The Trump administration's abrupt move to impose a $100,000 fee on new H-1B skilled worker visa applications has sent shockwaves through America's technology sector and the vast Indian immigrant community that powers it. Announced on Friday, September 19, and set to take effect the following Sunday, the directive sparked panic and confusion for workers, businesses, and families — culminating in a frenzied rush to return to the United States before the new rule's midnight deadline. Read More ›
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Group of young African kids walking with buckets and jerrycans on their head as they prepare to bring clean water back to their village.
Image Credit: Logan Venture - Adobe Stock

How Africa Can Get Rich

Africa too can get rich, as once-poor Asian countries have, but not if governments keep doing what they've been doing. Basically, they will have to throw off the stifling tax systems inherited from their prior colonial governments. There are other things you can add to that. But, I think we can say, with confidence, that if things stay as they are, nothing is possible. Read More ›
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american flag wtih american constitution
Image Credit: BillionPhotos.com - Adobe Stock

Constitution Day: If Its Light Goes Out, Darkness and Oppression Are Sure to Follow

We have all had moments where we realized that if we had only known more or had critical information, we would have avoided making a serious mistake. Today there are a considerable number of elites in high places in America who embrace a vision for reordering America wherein our constitutional republican government would be supplanted by a new system to accommodate a new global order. It may be a shorter step than what most would think, for in the last 115 years America has seen its governance evolve from a constitutional republic into an unaccountable administrative state with little resistance. The critical lesson of history that every freedom-loving person needs to grasp is this: The entire world lived in political Read More ›

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Fifty Hundred Dollar Banknote. Closeup of 50 USD bill. American Money. USA Currency, Cash Money as Background
Image Credit: Rabanser - Adobe Stock

How to Avoid Sovereign Default

Governments sometimes get themselves into trouble with too much debt. Early economist Adam Smith devoted the last chapter of his famous Wealth of Nations (1776) to the topic of sovereign default. “The progress of the enormous debts which at present oppress, and will in the long-run probably ruin, all the great nations of Europe, has been pretty uniform,” Smith wrote. “The practice of funding [financing deficits with debt] has gradually enfeebled every state which has adopted it.” Read More ›
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A construction worker sits on a beam overlooking NYC. This photo is ideal for illustrating concepts of urban development, construction, and risk.
Image Credit: SY - Adobe Stock

Labor Day is Really All About American Exceptionalism

Other than punctuating the end of summer, Labor Day has for many lacked meaning associated with other holidays. Properly understood, it is the holiday that celebrates not only labor, but the job creators and entrepreneurs central to the flourishing of the United States and its people. Read More ›
Confederate Memorial Removal
Work continues on the removal of the Confederate Memorial in Section 16 of Arlington National Cemetery, Arlington, Va., Dec. 20, 2023. (U.S. Army photo by Elizabeth Fraser / Arlington National Cemetery / released)
Public Domain image from Wikimedia Commons: https://commons.wikimedia.org/wiki/File:Confederate_Memorial_removal_from_Section_16_of_Arlington_National_Cemetery,_Arlington,_Virginia_on_December_20,_2023_-_16.jpg

Restoring Arlington Cemetery’s Reconciliation Monument is Pivotal for American Greatness

The attack on normalcy, traditions, and history in America intensified in 2020 with Covid-19 lockdowns and the riots catalyzed by the death of George Floyd. When destruction then turned under the Congressional Naming Commission to the icons associated with the Confederacy of the Civil War period, the Reconciliation Monument in Arlington Cemetery came into the crosshairs. It was removed from Arlington on Dec. 16, 2023, despite longstanding traditions and laws against desecrating gravesites. Read More ›