Luis Maizel’s Monthly Letter: The Light at the End of the Tunnel, a Runaway Train, or the Exit?

The U.S. economy shows signs of deterioration with slowing job creation and high labor costs. President Trump’s tariff strategies create uncertainty. Inflation is controlled at 2.6%, but job growth drops. Artificial intelligence might displace jobs, while housing prices rise slowly. Meanwhile, Mexico faces political and economic uncertainties, yet analysts expect increased activity despite inflation.

Made in China.

The article discusses China’s significant influence on globalization and the intersection of capitalism and communism in its society. It reflects on personal experiences that highlight China’s pervasive presence in daily life, from products to cultural interactions, emphasizing that the essence of Chinese culture has integrated into various aspects of existence beyond its borders.

The Decline of the Liberal Order: Insights from Florentino Portero

Florentino Portero argues that the liberal order based on freedom and free trade is collapsing, beginning a shift towards a post-Western world led by emerging powers in Southeast Asia. He warns of rising populism due to citizens’ declining trust in traditional parties, emphasizing the importance of fighting for freedom and addressing people’s immediate needs for stability and employment.

Gold Mid-Year Outlook 2025.

Gold prices surged 26% in the first half of 2025 due to a weaker US dollar and increased investment demand amid economic uncertainty. Predictions indicate potential gold price stability with a slight increase, while deteriorating conditions could drive prices 10%-15% higher. Conversely, conflict resolution could lead to a 12%-17% drop in gains.

The Impact of Trump’s Leadership on World Order.

Edward Luce critiques Trump’s tumultuous presidency, suggesting he has unleashed uncontrollable global forces. His actions have eroded U.S. prestige and damaged relationships, especially in Europe and Canada. While tensions existed prior, Trump’s erratic approach risks a new world order. The long-term consequences remain uncertain, highlighting the need for renewed strength.

Two Questions for the Oracle of Delphi.

Delphi, Greece, historically a pilgrimage center for prophecy, raises questions about democracy’s future. Philosopher Fernando Savater emphasizes citizen responsibility in a democracy. The conflict with China, which lacks fundamental freedoms, is highlighted. Despite challenges, democracy persists through its adaptability and civil society, contrasting with China’s authoritarian model.

Why Argentina’s Economic Collapse is a Warning to the World.

Argentina, once a prosperous nation, now faces economic turmoil largely due to the long-term effects of populist policies. This video details how such short-sighted remedies can lead to decades of decline, making it increasingly difficult for the country to recover from its ongoing economic crisis.

Today is History.

The piece reflects on the phrase “Heute ist Geschichte,” drawing parallels between historical moments and current events, particularly highlighting Donald Trump’s controversial role in politics. It critiques the decline of press freedom and questions U.S. military actions and NATO’s influence, suggesting a departure from democratic ideals and public scrutiny in governance.

Shares