The Noose Is Tightening Quickly On The Global Economy

At bottom, it is not central bank stimulus and intervention alone that drives equities and bond markets; it is the naive faith and willful ignorance of average market participants.  There is a problem with this kind of economic model, however.  Reality is never kept in check indefinitely.  Fiscal truths will be exposed, one way or another.

Preparing For A Resurgence Of Globalism

When the Brexit vote occurred, we suggested a dialogue would be created in mainstream media painting populism as responsible for numerous economic political and military difficulties. Gradually, globalism would be suggested as the remedy for populism. That process has begun and the IMF/World bank meetings are leading the way...

This "Long Run" Won't Be Long Enough

In the long run reality is reality, not what the powers would like it to be or what they try to con the masses into believing it is. Don’t give up hope! The long run is short enough that most of us won’t be dead when it arrives.

All The Ways You Can Comply (& Still Die) During An Encounter With Police

Sad, isn’t it, how quickly we have gone from a nation of laws - where the least among us had just as much right to be treated with dignity and respect as the next person (in principle, at least) - to a nation of law enforcers (revenue collectors with weapons) who treat us all like suspects and criminals?

"This Cannot End Well" Bill Gross Warns

"Central bankers have fostered a casino like atmosphere where savers/investors are presented with a Hobson's Choice, or perhaps a more damaging Sophie's Choice of participating (or not) in markets previously beyond prior imagination. Investors/savers are now scrappin' like mongrel dogs for tidbits of return at the zero bound. This cannot end well."

Sterling Tumbles To 31 Year Low Pushing The FTSE100 Near All Time High; US Futures Flat

Sterling dropped to its weakest since 1985, hit by a growing sense that the UK may be heading for a 'hard' Brexit in which it cuts links to the EU's single market in favor of total control over immigration. The dollar strengthened, the Nikkei225 rose as the Yen fell,  stocks in Europe rallied while US equity futures were fractionally in the green.

More Confessions Of An Economic Hit Man: "This Time, They’re Coming For Your Democracy"

"Back in my day we were pretty much limited to what we called the third world, or economically developing countries, but now it’s everywhere. And in fact, the cancer of the corporate empire has metastasized into what I would call a failed global death economy. This is an economy that’s based on destroying the very resources upon which it depends, and upon the military. It’s become totally global, and it’s a failure."

Six Impossible Things Before Breakfast

We live in an age when the level of deceit and propaganda is at an all-time high. Joseph Goebbels, Vladimir Lenin, and others did their best to force-feed propaganda to the masses, but they were rank amateurs compared to the spin doctors employed by the political leaders of today. They’re masters at convincing people of impossible things. Here are six impossible things that many seem to have little trouble accepting as reality.

How To Win At The "Beat The Wall Street Estimate" Game

As the quarterly ritual of the earnings season approaches, executives and investors would do well to remember the words of the then-chairman of the Securities and Exchange Commission Arthur Levitt in a 1998 speech entitled “The Numbers Game.” “While the temptations are great, and the pressures strong, illusions in numbers are only that—ephemeral, and ultimately self-destructive.”