Expanding the Legacy
Expanding the Legacy
Inflation equates thievery. It erodes the purchasing power of salaries and steals from creditors. Worse, most economists now issue dire warnings about the evils of a ‘wage-price spiral’ which is said to fuel inflation because workers demand compensation for the increased cost of living – essentially seeking to preserve the spending power of their income.
Economic growth never dies of old age. Its demise requires a clear trigger: an event or mechanism that causes the onset of a slowdown or contraction. Concerned economists have now identified twin triggers in the disconcerting spread of the corona virus and the sudden collapse of oil prices. The OECD...
Home to some of the world’s largest and most iconic companies, Switzerland is a source of corporate excellence – and has been so for well over a century. Thanks to the country’s much-cherished and long-standing neutrality – which made the Swiss reluctant to join any multi- or supranational organisation, Switzerland...
One of the three Kings of the Blues Guitar alongside Albert King and Freddie King, BB King was born under a good sign on a Mississippi cotton plantation in 1925. Riley B King (1925-2015) acquired a taste for music in church and launched his career in local barrelhouses and on...
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