Matthew Lynn is a financial columnist and author of ‘Bust: Greece, The Euro and The Sovereign Debt Crisis’ and ‘The Long Depression: The Slump of 2008 to 2031’
Bitcoin is crashing all over again, and it is taking the smaller crypto currencies down with it. It has fallen by a quarter from its highs, and there is little sign that the relentless selling is going to stop anytime soon. Plenty of people will be reheating arguments about how the digital currency is completely
Bitcoin has lost almost a quarter of its value. The tech-heavy NASDAQ index on Wall Street has started to fall. And even leaders of the industry, such as the Google CEO Sundar Pichai, have started to warn about valuations getting out of control. We already knew that AI was driving a boom in investment. But
It is the only way to hedge against soaring government debt
Gold isn’t used for much except wedding rings or storing wealth
There was always an element of wishful thinking behind the narrative
The evidence is mounting that China’s EVs aren’t just more affordable; they’re also superior in performance
A surging Nasdaq and Dow doesn’t indicate a healthy economy
Drugs, food, drink, fashion and media will all benefit from a US-UK trade deal
You can buy a British company without having to face the kind of political opposition you would in France, Germany, Japan or, increasingly, the US
