How Low Can Stocks Go Before the Feds Step in?
Is this like the hidden crash of the ’70s? The Dow began the decade at 800 and ended about where it started. But gold rose 40 times, leaving the real value of stocks down more…
Going to Hell in a Handcart
The US economy only grows by about 2% per year. But that’s with all the switches on. Now, imagine the shopping malls are shuttered. Imagine there are no football games. Imagine that people refuse to…
MAGA Never Had a Chance
Human life is cyclical. It’s not onward and upward forever. There are recurring patterns. Frost as well as warm breezes. Clouds as well as sun.Science and technology may grow all year round. But in love,…
Expect More Mistakes as the US Empire Reaches its Closing Chapters
Come the next real war, and the US military will probably get whupped…badly. It is too larded with fat-duff careerists and expensive, over-sophisticated weapons to be an effective fighting force. And its standards are too…
America is Doomed: People Are Greedy
America is doomed by human nature and the life cycle of empires. People are always greedy…for power, money, and status. As an empire matures, the worst of them capture the government…and use it for their…
We’re in an Age of Technological Stupidity
The ‘unicorns’ — companies with new ways to use the new technology. Though their business models were unproven, they still were bid up to a billion dollars, and more. They believed that the route to…
21st-Century Duds…and One Fruitful Collision
What a pity. The 21st century was meant to bring the US to a level of perfection never before achieved by humans. So far it has been a dud.
As Rich as an Argentine: The Decline of the Argentine Peso
The numbers show a clear decline in Argentina’s money – the peso. One US dollar would bring you 30 Argentine pesos a year ago. Now, it’s worth 60. But as we saw last week, although…
The Rise and Fall of the American Empire
The US empire reached its first peak on July 20, 1969. That was the day an American astronaut stepped out onto the moon. Even today, more than 50 years later, the whole project seems almost…
American Turnaround? Really?
Mr Trump may have truly ‘shattered the mentality of American decline’, as he claimed in a speech to Congress on Tuesday night. But the numbers, for what they are worth, tell a different story…