bailout


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For decades, there have been two financial systems in America. In one, hedge funds and family offices walk into a prime broker, pledge their equity portfolios, and trade against that value across every asset class — never selling a share, never interrupting their exposure, never handing the taxman a realized gain

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1920: The Crash That Cured Itself

There were no massive liquidity “bazookas” shot by central banks, no giant stimulus programs from the Ministry of Economy, no price or profit margin controls...


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Rickards Warns America's "Bridge Loan" Is Up

We’ve climbed 10 feet out of the hole. Unfortunately, we could find ourselves right back at the bottom before too long... And digging our way back up to 2019 levels would take even longer...