Paul Krugman

"Has America Lost Its Mind?"

"The toils of slow economic collapse, accompanied by the ceaseless effort by various arms of the Deep State to spin “the narrative” around the voting public’s collective head, has driven the polity insane."

Who's Really To Blame For America's Accelerating Home Prices?

Fed Chairs Ben Bernanke and Janet Yellen re-blew the Alan Greenspan initiated housing bubble. However, the trend towards higher and higher home prices started well before that dynamic trio made a mess of everything. The following charts show the true origin of escalating home prices...

What Nassim Taleb Can Teach Us

Nassim Nicholas Taleb does not suffer fools gladly... "we are increasingly ruled by an intellectual, political, economic, and cultural elite that does not bear the consequences of the decisions it makes on our (unwitting) behalf..."

Blaming Russia For Everything

With the Senate Intelligence Committee’s hearing on Thursday, this determination to squelch any dissenting American views as “Russian disinformation” moved up a notch. The craziness has now become the focus of an official Senate investigation into Russian “meddling” in American political life. We have taken another step down the path of a New Cold War that blends a New McCarthyism with a New Orwellianism.

Michael Hudson: Trump Is Obama's Legacy - Is This The End Of The Democratic Party?

"...the Democrats will continue to pose as the Lesser Evil party not really in terms of policy, but simply ad hominum. They will merely repeat Hillary’s campaign stance: They are not Trump... having lost its ability to pose as the party of labor and the middle class; and firmly controlled by Wall Street and California billionaires, the DNC strategy of identity politics encourages any identity except that of wage earners..."

Weekend Reading: Errant Thinking

"Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality is distorted by a misconception."