Phoenix Capital Research's blog

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So not only are we dealing with an investment landscape in which virtually no working fund manager has experienced a bear market in bonds… we’ve actually got an entire generation of investment professionals who have experienced only one increase in interest rates in 14 years.

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So… just WHO actually has a CLUE about the true state of the banks in Europe? More importantly, who will actually bother WARNING investors about the risks therein?

 
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The Fed and its policies have warped the culture of capitalism to the point that we now exist in a Centrally-Planned nightmare in which a handful of academics influence the economy and world reserve currency with every speech and verbal statement.

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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.