Reality

Trump By A Landslide?

If we believe the mainstream media and the Establishment it protects and promotes, Trump has no chance of winning the presidential election. But suppose this election isn't about Trump or Hillary at all.

Why Everyone Should Have Left Wyoming With A Smile

Give her credit, Janet Yellen did indeed manage to leave Jackson Hole with September again “live"... Maybe just buying whatever is the applicable dip has become too beloved a crutch. Another form of corporate welfare. But both Kuroda and Coeure reiterated that their central banks are ready and prepared to do more. Someone should benefit from excessive monetary policies. Why not, for once, U.S. savers.

 

Don't Think Armageddon, Think "A Thousand Balls Of Flame... And Then Crickets!"

A whiff of World War III hangs in the air. In the US, Cold War 2.0 is on, and the anti-Russian rhetoric emanating from the Clinton campaign, echoed by the mass media, hearkens back to McCarthyism and the red scare. In response, many people are starting to think that Armageddon might be nigh - an all-out nuclear exchange, followed by nuclear winter and human extinction. It seems that many people in the US like to think that way. But most of the recent American warmongering toward Russia can be explained by the desire to find anyone but oneself to blame for one’s unfolding demise.

Why The Fed Will Never Reduce Its $4.5 Trillion Balance Sheet Again

While policymakers have maintained the Fed should eventually reduce its bond holdings, Lockhart said some officials were closer to accepting that they needed to learn to live with them. "I suspect there are colleagues who are contemplating at least maybe a statically large balance sheet is just going to be a fact of life and be central to the toolkit," he said. Most now agree with him.

Just 3 Charts

As the cracks in the vineer of central bank omnipotence grow ever wider, some brief reflection on the following three charts may awaken some 'animal' spirits of a different sort as the gap between fundamental reality and 'market' perception has never been wider...

Total State Or Total Freedom: The 8 Marks Of Fascist Policy

It is ever more widely known that statism does not and cannot work. Statism is the great lie. Statism gives us the exact opposite of its promise. It promised security, prosperity, and peace; it has given us fear, poverty, war, and death. If we want a future, it is one that we have to build ourselves. The fascist state will not give it to us. On the contrary, it stands in the way. In the end, this is the choice we face: the total state or total freedom. Which will we choose?

A Kingdom In Turmoil: Saudi Societal Discontent Grows

"Given the current state of affairs in the Middle East, continued Saudi support for extremism and terrorism and increasing Islamic terror attacks on Europe and the US, US/Saudi relations will continue to deteriorate or remain in flux, regardless who wins the US Presidency in November 2016... we are likely to see more societal discontent and harsher responses by the Saudi oligarchy. Some signs are already evident..."

How Obamacare Destroyed The Middle Class In One Chart

For those wondering why the "recovery" from the "great recession" has been so muted perhaps you need to look no further than the massive healthcare tax imposed on the middle class by Obamacare...

Europe: The Substitution Of A Population

In one generation, Europe will be unrecognizable. Eastern Europe now has "the largest population loss in modern history", while Germany overtook Japan by having the world's lowest birth rate. Europe, as it is aging, no longer renews its generations, and instead welcomes massive numbers of migrants from the Middle East, Africa and Asia, who are going to replace the native Europeans, and who are bringing cultures with radically different values.