The ‘Take This Job and Shove It’ Recession
So hey there Corporate America, the Fed and your neofeudal cronies: take this job and shove it. This time it really is different, but not in the way the…
Continue readingIncome Inequality
How Can These Two Trends Coexist?
People making money are indulging in new cars. At the same time other people are too broke to cover their payments. This is the result of a seriously screwed-up financial system […]
Continue readingOur “Wealth”: Cloud Castles In The Sky
Buyers know there will always be a greater fool willing to pay more for an over-valued asset because the Fed has promised us it will always be the greater fool…
Continue readingThe Hazardous Detour in the Road to Economic “Recovery” Few Foresee
You know the plot point in the horror film where the highway is blocked and a detour sign directs the car full of naive teens off onto a rutted track […]
Continue readingDo We Really Think a Band-Aid Will Heal a Tumor?
Borrowing a quarter of the nation’s entire economic output every year to prop up an ineffective, corrupt status quo is putting a Band-Aid over a tumor…
Continue readingFlaunting Wealth: Are We About To Reach America’s “Let Them Eat Cake” Moment?
With so many people deeply suffering, it is extremely insensitive to publicly flaunt your wealth, but many…
Continue readingDebt Jubilees (120% Of Outstanding Debt) In The BILLIONS Of Dollars In The Latest Stimulus Bill, But WHITES Need Not Apply!
It’s not racist discrimination if it’s against white Americans, you know…
Continue readingWhy Gold And Silver?
The question you’ll need to answer is “what alternatives are there for big investments right now?”. The Fed has created a financial market Frankenstein…
Continue readingNext Up: Global Depression
This madness is now global, so next up: global depression…
Continue readingWhat Poisoned American Society And Its Economy?
America’s financial system is nothing more than a toxic waste dump of speculation, fraud, collusion, corruption and rampant profiteering…
Continue readingDebt and the Demise of the Middle Class
Unfortunately for those at the top who’ve benefited immensely from speculative bubbles, speculative bubbles don’t create a vibrant middle class, they…
Continue readingIs 2021 an Echo of 1641?
If you don’t discern any of these dynamics in the present, what are you choosing not to see?
Continue reading“655 people have $4 trillion in wealth. 200 million can’t cover a $1000 expense.”
The pandemic has caused the gap between the ultra-wealthy and the rest of us to grow larger than ever before. Thanks to the hyperinflationary…
Continue readingAmerica’s Richest 1% Owned 5% in 1990, Own 36% Today
Once they own everything, everybody else would be either working for them or in debt to them. The poor 99% would no longer be able to…
Continue readingThe Top 10%’s Bubble Is About to Burst
When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real…
Continue readingRich Millennials Plot the End of Civilization
We can only thank goodness the parents of these young people believed in serving customers and saving their wealth. This wealth was…
Continue reading2021 is Already Optimized for Failure
One sure way to identify a system “optimized for failure” is if all the insiders are absolutely confident the system is “optimized for my success”…
Continue readingInequality and the Gold Standard
Those who get the money last are the “losers” – they get access to this money eventually as it is spent (trickles down?) but by the time…
Continue readingHopeful About 2021 (NOT Covid Related)
What we need is not a return to the corrupt, tottering kleptocracy of 2019, but a re-democratization of capital, agency and money.
Continue readingThe One Chart That Predicts our Future
That our “leadership” reckons “bread and circuses” is what the stripmined bottom 90% want is beyond pathetic…
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