Simon Johnson

Sprott Money's picture

It was almost two years ago that the WSJ published their infamous "gold is a pet rock" article, which marked the conclusion of the bear market. Could a new article published ten days ago be ringing the same bell?

Weekend Reading: Trump's Rocket Ride

"If I'd only followed CNBC’s advice, I’d have a million dollars today. Provided I’d started with a hundred million dollars."

Dave Collum's 2016 Year In Review - "And Then Things Got Really Weird..."

"Markets don’t have a purpose any more - they just reflect whatever central planners want them to. Why wouldn’t it lead to the biggest collapse? My strategy doesn’t require that I’m right about the likelihood of that scenario. Logic dictates to me that it’s inevitable..."

A Narrative For Every Season: Stocks, Before And After Trump

Following Donald Trump’s surprise victory and the violent market reactions, many investors are left scratching their heads. The consensus narrative warned that a Trump victory would spell doom for the markets. Days later, the narrative flipped and Trump’s economic policies, all of which were known prior to the election, are deemed beneficial for share prices.

Fearmongering Propaganda Is Immensely Profitable... And Distracting

The self-serving Neoliberal Elite's CNN/mainstream media did a magnificent job of profiting from fearmongering while distracting the serfs from their immiseration. If you want to stop being played as a chump, turn off the CNN/MSM and disengage from the self-referential social media distraction.

How The Clintons Enabled The 2008 Economic Crisis And Financial Coup d'Etat

"The crash has laid bare many unpleasant truths about the United States. One of the most alarming... is that the finance industry has effectively captured our government - a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises..."

"Everything Is Awesome"

As Politico's Michael Grunwald writes below (we believe non-satirically), the midterm election’s discontent was illegitimate. The point is that Americans should cheer up! And whose fault is all the collective doom? Well, Bill De Blasio already explained that, as Grunwald confirms, the press has a problem reporting good news. So sit back, grab a drink (though swallow it first) and enjoy reading why "everything is awesome" in America (apart from a record 101.5 million Americans not working, record numbers on foodstamps, record numbers on disability, a record wealth divide, a record - and deadly - racial divide, record poverty, and record child homelessness).

2014 Year In Review (Part 2): Will 2015 Be The Year It All Comes Tumbling Down?

Despite the authorities' best efforts to keep everything orderly, we know how this global Game of Geopolitical Tetris ends: "Players lose a typical game of Tetris when they can no longer keep up with the increasing speed, and the Tetriminos stack up to the top of the playing field. This is commonly referred to as topping out."

"I’m tired of being outraged!"