Detroit

Doug Casey On The End Of Western Civilization

"Many of the words you hear, especially from the media, are confused, conflated, or completely misused; and this is corrupting the language. As George Orwell liked to point out, to control language is to control thought. The corruption of language is adding to the corruption of civilization itself. This is not a trivial factor in the degradation of Western Civilization."

As The Puerto Rico Lawsuits Begin "A Bankruptcy Is A When, Not An If"

On Tuesday Puerto Rico and its federal financial oversight board were flooded with the first lawsuits from stakeholders, with more expected in the coming days, which could ultimately push the insolvent U.S. territory into bankruptcy, and in fact prompting one analyst to conclude that "I continue to think bankruptcy is a when, not an if."

Of Bunkers, Bankers, & Black Swans

And suddenly the storms of early Trumptopia subside, or seem to. Rest easy America… oh, and buy every dip... But be warned, a calm surface is exactly what Black Swans like to land on...

Detroit Is A Stark Reminder Peak America Was Over 50 Years Ago

Alastair Williamson tours the most dangerous neighborhoods in Detroit, Michigan armed with a drone, I-Phone7, and an Uber. He comes across crumbling neighborhoods, climate change protests, and a touching interview at the end. His overall thoughts include, “the end results of globalism has been detrimental to the area. The industry and neighborhoods left decades ago, and what’s left are the artifacts of a civilization from the ‘American High'”.

"Hell To Pay"

"No doubt, there’s hell to pay for 100 years of ever escalating financial insanity.  Take it in stride.  The downside is here and it’s not going away any time soon."

New Book Reveals Inside Details Of Hostile Clinton Campaign: "We Got An Ass-Chewing"

"It was never supposed to be this close. And of course she was supposed to win. How Hillary Clinton lost the 2016 election to Donald Trump is the tragic story of a sure thing gone off the rails. For every Comey revelation or hindsight acknowledgment about the electorate, no explanation of defeat can begin with anything other than the core problem of Hillary's campaign--the candidate herself."

Frontrunning: April 4

  • Europe stocks rise but bond yield falls show investor caution (Reuters)
  • Danger of Sell-Off in U.S. Stocks Grows as Auto Sales Disappoint (BBG)
  • Battle Over Gorsuch Confirmation Is Set to Hit Senate Floor (WSJ)
  • U.S. business seeks action, not trade war, in Xi-Trump summit (Reuters)
  • Uncovering the Secret History of Wall Street’s Largest Oil Trade (BBG)

The Big Contraction - An Interview With James Howard Kunstler

"We’ve been sowing the seeds for our predicament since the end of World War II. You might even call this process “The Victory Disease.” In practical terms it represents sets of poor decisions with accelerating bad consequences..."

New Study Says Robots Took All Of Detroit's Jobs, Not Mexico

"We are being afflicted with a new disease of which some readers may not have heard the name, but of which they will hear a great deal in the years to come—namely, technological unemployment." - John Maynard Keynes (1930).