Our Wile E. Coyote Federal Reserve
Whatever the Fed chooses to do, it’s already failed…
Continue readingOf Two Minds
A Wobbling Stock Market
A third period of heightened volatility shouldn’t surprise us…
Continue readingThe Road To Financial & Social Hell Is Paved With Virtue-Signaling
The idea that everything will be solved if we borrow a couple more trillion and give it away is the dominant paradigm…
Continue readingThe Internal War In The Deep State Claims Its High Profile Casualty: Jeffrey Epstein
The “traditionalist” Neocons are going to have to decide to fish or cut bait…
Continue readingThe Gulag Of The Mind: No Walls Needed, We Imprison Ourselves
Befuddled and blind, we wander toward the cliff without even seeing it, focusing on our little screens…
Continue readingThe American Lifestyle And Economy: Nothing Is Guaranteed
There are no guarantees, no matter how monumental the hubris and confidence…
Continue readingMain Street Small Business On The Precipice Of Closing
Businesses on the precipice need only one small shove to go over the edge, and there won’t be replacements filling the fast-multiplying empty storefronts…
Continue readingWhy Is What Was Once Affordable to Many Now Only Affordable To The Wealthy?
With these skills accessible only to the wealthy, no wonder only the wealthy have gained purchasing power…
Continue readingThe News Isn’t The Only Thing That Is Fake…Everything Is Fake!
That we fall for the fakes and cons is understandable, given that’s all we have left in the public sphere…
Continue readingOur Ruling Elites Have No Idea How Much We Want to See Them All in Prison Jumpsuits
Even the most distracted, fragmented tribe of the peasantry eventually notices that they’re not in the top 1%, or the top 0.1%…
Continue readingThe Three Ds of Doom: Debt, Default, Depression
“Borrowing our way out of debt” generates the three Ds of Doom: debt leads to default which ushers in Depression…
Continue readingEpstein and the Explosive Crisis of the Deep State
Since the battle is for the legitimacy of the state, it must be waged at least partially in the open…
Continue readingWhen Everything From Bat Guano To Quatloos Is Soaring, Speculative Euphoria Reaches Extreme
The more extreme the speculative euphoria, the greater the risks of a reversal…
Continue readingFollowing in Rome’s Footsteps: Moral Decay, Rising Inequality
Here is the moral decay of America’s ruling elites, boiled down to a single word…
Continue readingDear Central Bankers: Prepare to be Swept Away in the Next Wave of Populism
The political moment when the “losers” connect their discontent and decline with central bankers is approaching…
Continue readingHow Much of Your “Wealth” Is Hostage to Bubbles and Impossible Promises?
Transferring “wealth” to another asset bubble that is also deflating doesn’t preserve the “wealth” from evaporation…
Continue readingSuperbugs and the Ultimate Economic Weapon – Food
When some nations don’t have enough food and others manage to have a surplus. Food becomes the ultimate economic weapon, as long as there’s…
Continue readingChina’s Insurmountable Global Weakness: Its Currency
A real financial power issues its own currency and let’s the global FX market discover the relative price / value of the currency…
Continue readingCharles Hugh Smith: Burnout Nation
The economic and financial stresses will exceed the workforce’s carrying capacity in the next recession.
Continue readingThe Inevitability Of DeGrowth
Our current debt & energy orgy can’t last much longer…
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