The Stimulus Boom Is Already Over: Now Comes Stagnation
Cheap money, increased public intervention, and massive stimulus plans have not worked as…
Continue readingCheap money, increased public intervention, and massive stimulus plans have not worked as…
Continue readingThere’s this funny thing about something that’s unsustainable…
Continue readingThe economy and the financial system increasingly need the sustenance from central banks, without which a…
Continue readingPhysical gold, as a timeless rather than trendy instrument of wealth preservation, serves as the historically-confirmed and surest way to…
Continue readingNow the Christmas is over, the real pain is going to start…
Continue readingSmall businesses are dying, and the policy response to the COVID crisis has only heightened and accelerated this distortion of…
Continue readingWall Street banks say that subzero yields are good for selling even more corporate bonds and corporate credit? WAIT, WHAT???
Continue readingNow that the bubble has burst, the hope is that removing the pin will magically restore the burst bubble. Sorry, it doesn’t work that way…
Continue readingWake up, America, and see the Fed for what it really is: a totalitarian tool of kleptocracy…
Continue readingThe stock market looks very familiar to financial historians, but not in a good way…
Continue readingMost developed economies face a dangerous dilemma: choose to follow the path of debt stagnation or strengthen the economy to exit the crisis in…
Continue readingRather than right the ship, the “easy fix” is to distribute “free money”–not just to billionaires and corporations but to everyone…
Continue readingThe COVID-19 pandemic has torn the veil off what we can now can call a “fiat” market. It has stripped away all pretense of a true market…
Continue readingWe are now at a time when the global financial system’s castles, which many thought were indestructible, are collapsing. Over the next few months…
Continue readingWhat are the most significant developments that have occurred since 1971?
Continue readingThe same time as we see the largest support plan since WWII, we are witnessing two dangerous collateral effects: the rise of zombie companies and the collapse of…
Continue readingThis is terrible news for Main Street, because now capital is being misallocated and transferred to unproductive enterprises…
Continue readingIrrevocable economic damage has already been done…
Continue readingWe are in the midst of a strange economic experiment. Vast quantities of negative-yielding debt are currently sloshing around the global economy…
Continue readingWe live not only in a time of fake news but also in the era of fake economic growth…
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