Phoenix Capital Research's blog

Marx, for all his rhetoric on the working class, never started a single business or created a single job in his life. He didn’t work. He just sat around and wrote books about things he never experienced in first person. Four of his seven children died as a direct result of poverty from his failure to provide for his family.

Janet Yellen just cemented her status as the third member of the unholy triumvirate of Fed Presidents: Greenspan, Bernanke, and now Yellen.

The clock is ticking on the "Europe is fixed" narrative. It's only a matter of time before the banking crisis resurfaces.

Inflation is once again soaring in the US. Oil is back above $100 per barrel. Stocks have more than tripled from their 2008 lows, and housing is now more expensive relative to incomes than it was in 2007 for some markets.

Let’s be blunt here. The Fed has engaged in the single largest monetary experiment in history, betting the US economy and banking system on misguided theories that have little to no evidence of success.

The reality is that what’s happening in the US today is not a cyclical recession, but a one in 100 year, secular economic shift.

God only knows how many billions of yuan’s worth of loans and financial instruments were using this imaginary stuff as collateral, but then again, God only knows a lot of things about China’s economic “miracle.

The markets are not recognizing the clear signals that things are changing behind the scenes. This is precisley how 2007 lead to 2008.

The Keynesians have failed. Japan has proved it. It’s only a matter of time before the rest of the world… and the markets catch on.

The Fed claims inflation is too low. But in the US, inflation has become a political problem.

The bells are ringing for the markets, but few are noticing.

So… the Fed may not be able to raise interest rates because Wall Street has $12 trillion in derivatives that could be affected?

There is a lot of misinformation about what caused the 2008 Crash and the 2011 EU Crisis. Here is the very simplest outline of what you, as a saver and investor, really need to know.

Don’t look for the truth about inflation to come from the financial powers that be nor from the financial media. We’re on our own on this one.

The signs of inflation continue to appear in the economy.