Great Depression

"The Western Status Quo Political System Is Collapsing Into 'Something Else'"

"...as the Western status quo political system collapses into Something Else, how is it possible that our capital markets are not similarly gripped by volatility and stress? What is responsible for breaking the transmission mechanism from political risk to market risk? I’ve got a macro answer and I’ve got a micro answer..."

The Bubble That Could Break The World

The key to bubble analysis is to look at what’s causing the bubble. If you get the hidden dynamics right, your ability to collect huge profits or avoid losses is greatly improved. Based on data going back to the 1929 crash, this current bubble looks like a particular kind that can produce large, sudden losses for investors. The market right now is especially susceptible to a sharp correction, or worse.

The Trump Collapse Scapegoat Narrative Has Now Been Launched

"I have been warning since long before the election that Trump’s presidency would be the perfect vehicle for central banks and international financiers to divert blame for the economic crisis that would inevitably explode once the Fed moved firmly into interest rate hikes. Every indication since my initial prediction shows that this is the case. The media was building the foundation of the narrative from the moment Trump won the election."

The Final Show Of The Greatest Country On Earth

Yesterday, the Greatest Show on Earth held its final performance in Uniondale, New York, after 146-years in the business. A century ago this would have seemed impossible... And just like how people viewed Ringling Brothers 100-years ago, it’s difficult for anyone to imagine a world in which the US isn’t the dominant superpower...

5 Universal Laws Of Human (Investment) Stupidity

In 1976, a professor of economic history at the University of California, Berkeley published an essay outlining the fundamental laws of a force he perceived as humanity’s greatest existential threat: Stupidity.