Golden Goose

The Federal Reserve Is A Saboteur - And The "Experts" Are Oblivious

"It is important to understand what the Fed actually is - the Fed is a weapon. It is a weapon used by globalists to destroy the American system at a given point in time in order to clear the way for a new single world economy controlled by a single managerial entity (most likely the IMF or BIS). This is the Fed's purpose. The central bank is not here to save the U.S. from harm, it is here to make sure the U.S. falls in a particular manner — a controlled demolition of our fiscal structure."

Sugar Wars - Sweet Deals, Bad Policy

A “sugar bomb” will detonate on June 5 unless the US and Mexico can reach an agreement on sugar imports within the next week...

Venezuela: Forty Years Of Economic Decline, Part 2

The Venezuelan case serves as a strong warning to many a European country with crumbling welfare states and growing social discontent. Sooner or later, unsustainable transfer systems are bound to collapse and social disorder ensues. Left unchecked, socialism only creates a vicious cycle of interventionism that leads to more chaos and misery.

Venezuela's Maduro - Selling The Golden Goose

Mister Maduro, in order to buy a bit more time in the presidential mansion, is selling the golden goose. For those who wonder why it’s so often the case that a nation that’s been knocked down economically rarely rises up again within the same generation, the answer is manifestly clear in Venezuela...

After the Debate, the Deluge? (Now With A Trigger Warning)

Trigger Warning: The following article includes an abundance of insults and harsh words directed at individuals of both of the male and female sex as well as politically incorrect statements including digs at cross-dressers and people worried about the weather. If you feel “triggered” by any of the statements, please see a psychiatrist.

How The Welfare State Dies

Brexit has diverted attention from another little drama playing out in Europe. As of the time of writing, if you Google Hollande threatens to ban protests or variations thereof, you will find Russian, South African and even Iranian press reports on the topic. Otherwise, it’s basically crickets (sole exception: Politico).  Gee, we wonder why? Those who elected Mr. Hollande did so because they expected him to deliver the loot. His problem is that he’s running out of stuff to loot.

The Federal Reserve's Strange Behavior Makes Perfect Sense

If you think the Federal Reserve’s goal is to maintain or repair the U.S. economy, then you will never understand why they do the things they do or why the economy evolves the way that it does. The Fed’s job is not to protect the U.S. economy. The Fed’s job is to DESTROY the U.S. economy to make way for a truly global system.

"Government Ain't Fixable But It Will Correct!"

Government as we know it is doomed. It will not recognize this reality until markets and/or citizens force it. This time is likely close and the process will not be painless. The more government ignores what is inevitable the greater the pain will be. One hopes that civilization does not enter an economic and anarchical Dark Ages. To the extent that government refuses to respond to the fantasy world they have created, the more likely that is to be the outcome.

Deutsche Bank's Dire Warning On Global Trade: "The Currency War Is Futile"

"There is a concern that this competitive devaluations channel (the first link) may have broken down (to a large extent) because of the collapse in global trade. Global growth today is generating much less trade growth than in the past (chart below). As a result, currency adjustment is not enough to spur growth significantly because global trade is increasingly less important to the overall makeup of GDP. This raises the possibility that the currency war is largely futile."

The Defense Of The Oligarchs: MoveOn.org's "Simple & Utter Brutishness"

It appears the plutocrats themselves are awakening to their own limitations of omnipotence over the world. Their ability to falsify the economic well being of the developed world has deteriorated so sharply so quickly that what was once a threat has become a reality, manifesting through the likes of Sanders and Trump. But revolts can be crushed and that is the strategy of MoveOn.org: simple and utter brutishness.

Buffett's Fallacy - 2% Growth & Future Prosperity

While some may appreciate Warren’s optimistic view of the future, ignoring the facts will only delay the inevitable need for reforms needed to allow future generations to become “the next great generation.”