Probably the most misunderstood part of finance and investing that there is.
George Soros went from talking about 'contango' in his early books, to eventually some kind of bizarre ideas about destabilizing whole countries and then taking over, literally, their currencies, as some kind of 'investment strategy.'
This is clearly not an investment strategy at all but an active interference in sovereign states affairs.
The brutal fact is though, that countries (and of course, their leading politicians) themselves opened the door to this insanity by actually having these things called 'sovereign wealth funds' - as if somehow it was possible to always protect the national interest itself from the corrupted motives of those individuals who have been appointed to 'look after' all sorts of internal treasuries accounts, including state pension funds. Of course what happened was the 'wealth' went walk-about!
You cannot explain to the average person how these things came to be, because they simply won't accept the truth - and that is because it was kept well away from their attention at the time the key things transpired in history.
Sure people all know that 'Nixon removed the gold standard,' but did he though?
He was the signatory responsible - but it was not his idea...
Get where I'm going with this?
Unless you can track back an idea to its actual inception, all you will have in your hands are the names of a few bunnies.
Today quite a few people accept there is some kind of mysterious, or at least hidden conspiracy form of secret cabal working governments everywhere behind the scenes. Superficially people think oh 'Davos.' Or they use the currently popular nomenclature of the WEF.
It's none of those things.Rockwell Building, Third Avenue.
The reality, the truth, is a bit like an answer I gave to some kids inquiring in another venue about the High Council of Witches... That is, they were asking is there one.
And I said sure -, Samantha Stevens is one of the Queen Witches (they got that joke), and then I added: 'and Gil Holroyd...'
People know some stuff on the surface of things. And then they know little or nothing beneath that.
Look, I could easily have gone on a bit further and told them who actually is the current 'Witch Queen.'
And no it definitely is not 'Madonna!' LOL
So...
You might want to know why to get out of Singapore...
Same reason Erik Prince does not need to go back to the Seychelles any time soon.
Hey but let's forget about all that 'world politics' stuff.
Let's talk Russian tea.
There's this really cute place near the Rockwell Building in Third Avenue, Manhattan.
It's a Russian place called Kusmichoff's. Well, okay, people know it there as 'Kusmi's.'
The same idiots who '# I stand with Ukraine' all go down there and get their tea. Because as far as they know it's French, see? Or even just a New York place. Maybe Polish, maybe.
LOL
Actual 'Russian Tea' Russian tea is pretty nice though.
Because what we mean by 'Russian Tea' is tea plus sugar syrup and pineapple syrup and orange and lemon natural extract, and cinnamon and clove, and rum or bourbon.
That is 'Russian Tea.'
Go to around 3:12 in the below track.
: )