War Against Capitalism
The Feds are making war against an enemy they can’t beat: capitalism itself. The gods are on the other side. But fake wealth is good enough for investors! Fake dollars? Bring ‘em on…
Coronavirus Wars
In the US, the money printing has already begun. The enemy is approaching! Break out the ammunition!
There’s No Natural Calamity the Government Can’t Make Worse
The virus does its work. It is what it is. But there’s no natural calamity that the government can’t make worse. And this is no exception. How it makes it worse is the subject of…
We’re Headed for the Lost Inflation Highway
Alas, when you start down that long, lonesome, lost inflation highway…it’s very hard to turn around. And when you’ve gone this far, each rescue brings on another crisis…and each crisis needs to be met with…
US Enters First Economic Crisis of the Decade
The world of getting and spending is shutting down. Without revenue, neither businesses, households, nor the government will be able to pay their bills.
There’s More Trouble Afoot
Already, 12% of US corporations do not earn enough to make their debt payments. Low rates from the Fed help keep these zombies alive.
Routine Correction…or 21st Century Nervous Breakdown?
We still don’t know which way the markets are going. But the confusion…absurdity…and volatility bespeak not merely a routine market correction, but a 21st century nervous breakdown.
If You Start to Cough, Don’t Bother Calling a Central Banker
Remember, if you start to cough, don’t bother contacting your regional central banker. He has no antibodies that work against a virus.
The Truth about the 60/40 Portfolio Myth
The idea of a long, steady increase in corporate values is a myth. We can see that, too, by looking at our favourite chart. It compares the Dow (the flower of American capitalism) with gold…
The US Feds Want More: Where There Is a Crisis, There Is an Opportunity
The Feds want more. Which is where our opportunity lies. The feds stand ready. If the stock market continues to fall today…if the economy weakens further…if the virus spreads in the US…what will they do?…