Tag Archives: investment

Capital flight: What happens when governments nationalise bank accounts

Capital flight

In recent years, the spectre of capital flight has haunted countries grappling with economic instability, as governments, in desperate bids to solidify control and stabilise their economies, have taken drastic measures by nationalising bank accounts. Such interventions, far from being a panacea, have often precipitated dire consequences for the national …

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$15 billion Onecoin Ponzi scheme: The story of the ‘Cryptoqueen’, Ruja Ignatova

OneCoin

Remember the meteoric rise of FTX and Sam Bankman-Fried, the seemingly invincible king of crypto, only to witness its spectacular collapse and SBF’s downfall? Brace yourself for another tale of audacity and deceit, this time involving the infamous “Cryptoqueen”, Ruja Ignatova, and her brainchild – the elaborate Ponzi scheme that …

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Trinidad and Tobago’s economic future: As predicted by Benner’s Prophecies

Benner

In the field of economic forecasting, Samuel Benner’s works, particularly his book “Benner’s Prophecies of Future Ups and Downs in Prices” published in 1875, stands as a testament to early attempts at understanding and predicting market dynamics. While not universally accepted, Benner’s philosophy, rooted in the “Law of Periodicity”, warrants …

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