How Did You Go Bankrupt?
The post How Did You Go Bankrupt? appeared first on Monty Pelerin's World. A financial and societal collapse cannot be blamed on one thing. Such tragedies cannot be traced to an event or even a few...
View ArticleCivilization is on the Brink
The Chinese have an interesting saying: “May you live in interesting times.” And we do! Civilization is on the brink. It likely will not recover from our current situation. Civilization is on the...
View ArticleReality Is Not an Option
One must deal with reality because reality is not an option. Not doing so is dangerous and foolish. Especially if you are government. Government’s role, whatever it truly is, should recognize reality....
View ArticleIs the Fed Screwed?
Is the Federal Reserve in over its head? Have monetary matters spun out of control? In short, is the Fed screwed? Are we all screwed as a result of inappropriate policies? Sadly, this is beginning to...
View ArticleAn Overview of What is Coming
Bill Bonner is an astute observer of economic conditions and where they likely lead. A series of videos provides you (I believe) an accurate picture of what is coming for the US economy and its...
View ArticleFed Fear–Not!
The Federal Reserve still does not impress markets with its stated intentions. I have been tracking the performance of some key ETFs and Indices since the last Fed rate hike on July 27. (That 3/4s of a...
View ArticleFed Fear Finally
Markets had a tough week. Powell’s speech on Friday energized true Fed fear finally! Most of the damage for the week was incurred on Friday after Powell’s talk. The table below shows three of the four...
View ArticleMusical Chairs Federal Reserve Style
Most people know about the game of musical chairs. The aim is to occupy a seat each time the music stops. Each round begins with N people and N-1 chairs. Music plays and then randomly stops. Each...
View ArticleThe Game to Nowhere
The Federal Reserve’s game to nowhere continues. There is neither rhyme nor reason to this idiocy, other than the Fed wants to be able to say it did its best when the economy collapses. What we are...
View ArticleHurricane EconoMess Touches Land
Hurricane EconoMess is not a reference to the severe weather event in Florida. I use it to refer to a Category 6 economic event that is coming and has been developing and strengthening for decades. It...
View ArticleNew Market Update
The market update is summarized using the following four markers: WEEK OF 10/07/22 CLOSING PRICES GAIN/LOSS Stocks/Indices 7/26/2022 Last Week This Week Week From 7/26 DOW (DJIA) $31,764.00 $28,725.51...
View ArticleUS is Past Its Prime
A remarkably thorough look and explanation as to why the US is past its prime as an economic power is available below. Be forewarned, the explanation is long, detailed, historical and economic. If you...
View ArticleRun for the Hills
Society is deteriorating in every sense. Lady Justice is without blindfold and the Rule of Law no longer exists. Recent legal actions suggest the US is no better than a Banana Republic, using law to...
View ArticleBank Failures
For those concerned about the economy and the banking system, it would be nice if First Republic, the second largest bank failure in history, represented the end of bank failures. However, it was not...
View ArticleGovernment is Bankrupt
The latest “dog and pony show” regarding the budget fixes nothing. The US government is bankrupt! The political class, at least those with IQs above room temperature, know this (make your own...
View ArticleCold Turkey
Unfortunately, there’s no solution other than Cold Turkey, the collapse of all stimulus and all speculation. We’re about to find out just how unpleasant Cold Turkey can be, and babbling rants of denial...
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