Reality

Strip-Mining The World

"The richest vein in the history of predatory mining is just about played out... America's middle class!"

Record Apartment Building-Boom Meets Reality: First CRE Decline Since The Great Recession

The Commercial Property Price Index (CPPI) by Green Street, which tracks the “prices at which commercial real estate transactions are currently being negotiated and contracted,” plateaued briefly in December through February and then started to decline. By June, it was below where it had been in June 2016 – the first year-over-year decline since the Great Recession.

Trader Tells 'New' Volatility-Sellers: "Come On In, The Water's Warm"

"My message to all those new quant fund vol sellers, come on in! The water’s warm. Glad to have your new supply keeping implieds low. Don’t worry, I am sure the returns of the next 8 years of commodity volatility selling will be just as good as the last 8 years of equity index volatility selling… Yeah, when didn’t chasing the previous decade’s best return strategy not work?"

Washington's "Good Terrorists, Bad Terrorists" Policy In The Middle East

"...More to the point, raising funds for proxy wars from the Gulf Arab States allows the Western executives the freedom to evade congressional scrutiny; and the benefit of buying weapons from the unregulated arms’ markets of the Eastern Europe is that such weapons cannot be traced back to the Western capitals; and using jihadist proxies to achieve strategic objectives has the advantage of taking the plea of “plausible deniability” if the strategy backfires, which it often does."

Stockman Warns Of The Imperial City's Fiscal Waterloo

"The stand by Senators Lee and Moran was much bigger than putting the latest iteration of McConnell-Care out of its misery. The move rang the bell loud and clear that the Imperial City has become fiscally ungovernable. That means there is a chamber of horrors coming. With it, an endless political and fiscal crisis that will dominate Washington for years to come. Its cause is deep and structural."

O.J.'s Free

"The juice is once again loose..."