3 Things: Fed Fubar, Feb Flop, & A Fifty-Percent Drop

"The problem our nation faces is a serious one. We have now paired a massive speculative bubble with an errant pin that has every prospect of creating disruption. A steep financial retreat was already baked in the cake prior to the election - there are few policies that have the capacity to make the consequences substantially better, but many that could make the outcomes substantially worse."

Reality Vs. The "Recovery" Narrative

Of course, these PCE (personal consumption expenditure) and Official Unemployment numbers tell us almost nothing about the real economy. But then again, the Fed can’t admit this either can they?

Trump Slams Arnie's "Total Disaster" Ratings, Says "The World Is In Trouble... I'll Fix It"

In a far-ranging speech addressing the National Prayer Breakfast, President Trump took a shot at Arnold Schwarzenegger's Celebrity Apprentice ratings - "total disaster", jabbed at immigrants and religious freedom "freedom is a gift from god," and reassured Americans that he will save the world, "the world is in trouble...I'll fix it." Quite a morning already.

'Unrest' Is The Only Growth Industry Left

As for the political field, unrest will continue and grow because the end of economic growth means the end of centralization, and our entire world, politically, economically, what have you, is based on these two things. Today, unrest is the only growth industry left. And it’s not going away anytime soon. It’s a new day, a new dawn, it’s just that unfortunately this is not going to be a pretty one.

The Triumph Of The Technocrats

We cannot advance until we dump the Technocrat Class and decentralize the power that the Liberal Establishment happily concentrated into the hands of corporate cartels and the central state.

Trump’s Supreme Court Pick: "The Best The Left Could Have Hoped For"

"From the point of view of the Left, Gorsuch may very well be the best they could have hoped for. The Left would be foolish to block this pick. I suspect relatively smooth sailing if Gorsuch handles himself well in senate hearings. But then again... there's Elizabeth Warren."

GoldCore's picture

Last week a new phrase was introduced into our lexicon by Trump Adviser Kellyanne Conway. When asked about why press secretary Sean Spicer had made statements that were (according to the press) unverifiable she said that he had used ‘alternative facts’.