Too Big To Fail

Stop Treating Bitcoin Like A Stock

"What we’re witnessing in arguably the grandest display in recent history is dissatisfaction with the status quo, and each dollar exchanged is an act of rebellion, a protest, and middle finger to every bank who is 'too big to fail'..."

Bitcoin's 'Message' & Tax Reform's 'Hidden Agenda'

"The dirty open secret here is that these central bank interventions are the only means for keeping the capital markets up, and that the markets are just a Potemkin false front for Western economies that are drying up and blowing away..."

Frontrunning: November 22

  • Uber Is Facing Yet Another Irate UK Watchdog (BBG)
  • Oil Is Heading Towards a Two-Year High (BBG)
  • Regulators to press Uber after it admits covering up data breach (Reuters)
  • FOMO Fails to Drive European Stocks While Rest of World Parties (BBG)
  • Putin Hosts Assad in Sochi Ahead of Syria Summit (WSJ)

Meet New Fed Chair Jerome Powell, In His Own Words

The new Fed Chairman, Jerome Powell, has served as Federal Reserve governor for the past five years, giving him ample opportunity to express his views about the policies he will oversee. So meet Janet Yellen's replacement, in his own words...

Paul Craig Roberts To The American Left: R.I.P.

"The American leftwing has been transmogrified. The left, which formerly stood for 'peace and bread', today stands for Identity Politics and war. The working class has been redefined as 'the Trump deplorables' and splintered into separate 'victim groups' - women, racial minorities, homosexuals, transgendered. .."

3 Uncommon Signs That An Economic Collapse Could Happen Soon

As stocks continue to climb and the U.S. economy sustains its third longest period of expansion in history, market forecasters are seeking clues for when our next crisis may strike. So far, three uncommon signals have them worried.