Why Inflation Is a Runaway Freight Train
The value of these super-abundant follies will trend rapidly to zero once margin calls and other bits of reality drastically reduce demand…
Continue readingThe value of these super-abundant follies will trend rapidly to zero once margin calls and other bits of reality drastically reduce demand…
Continue readingBuyers 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 readingThose looking up from their “free fish!” frolicking will see the tsunami too late to save themselves…
Continue readingNo federal bailout or stimulus can reverse these three dynamics, and no amount of legerdemain can replace the spending of the top 10%…
Continue readingThe cognitive dissonance required to ignore the widening gap between the real economy and the fraud has reached a level of denial that can only be termed psychotic…
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