Category: Debt
Inflation Has Eroded the US and Chinese Economies
Like a powerful drug, the phony money corrodes and disfigures your economy. Your teeth rot; your brain shrivels.
The Fed Should Let the Market Set Rates
Faced with the next crisis, the monkeys at central banks are going to do what everyone expects them to do. The feds should let the market rates be set.
Does Dow History Tell Us We’ve Already Seen America’s Peak?
Markets, economies, and even empires move in great, long-term swings. Sometimes they are forward-looking and expansive. Look at the american stock market.
What Our Grandkids Taught Us About Buying the Dip
Why is the average US man poorer today than he was 45 years ago? His income is lower. Our grandkids taught us value tips on buying the dip.
Gold Tells Us the Stock Market’s True Condition
Buying the Dow with 40 ounces of gold in January 2000. By January 2011, the Dow 30 stocks would cost 8 ounces.
What the US Government Isn’t Telling You About the Trade War with China
Stocks lost $1.4 trillion in value over the last few trading days. The press is reporting it as a ‘monster bloodbath.’
Why We’re Raising Our ‘Crash Alert’ Flag
So far, the big, fat, ugly Dow has sat on the wall and refused to tumble. But last week, Donald J Trump gave it a shove.
The Government Encourages Debt and Destroys Capital
The politicians talk about the government ‘investing’ money. But it isn’t often that government spending brings a good return it usually destroys capital.
The Interest Rate Cut Was the Biggest Mistake in Federal Reserve History
The Federal Reserve whittled down its key lending rate by 25 basis points, this interest rate cut was probably the biggest mistake in Fed history.
Donald Trump and Elijah Cummings Are Both Betraying Voters
When you accuse someone of being ‘pusillanimous,’ it has real meaning. As does ‘ignorant.’ Or ‘vain.’
How ‘Free Money’ Has Changed Baltimore
We love Baltimore. Whenever we are in the city, we feel like a half-wit teenager visiting a municipal zoo.
The House Passes Budget Deal to Increase Military Spending
Inflation changes markets, economies, and even the way people think. For example people and businesses look at the way the military has been spending
Will a Black Swan Shake Up New Zealand’s Economy?
When a black swan event happens, it has a major effect as a result. Then, with the benefit of hindsight, we tend to over-rationalise the event.
11 Signs of a Global Crisis — Part Three
The foundations of our ‘rock star’ economy may be crumbling. If a collapse comes it could have an effect on our savings.
11 Signs of a Global Crisis — Part Two
It’s hard to deny it: all the signs of a potential downturn are there. We’ve had a fantastic bull run, but it’s almost certainly running out of steam.