TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
It’s no secret that governments hate the free market. At its base, every single government tax, license, regulation and restriction is an implicit rebuke of the idea that humans should be able to interact freely with those around them. This is old news to my long-term readers, but it bears repeating because many have been Read More…
Sick of the same old, same old boring list of predictable, safe New Year’s predictions that are so vague they can’t possibly come true? (Weaponized narratives, indeed!) Yeah. So am I. So in the spirit of spicing things up for this post-holiday hangover season, let’s kick the year off with a bunch of outrageous predictions Read More…
The largest asset bubble in the history of our planet is approaching the end of its lifespan, but that’s just the opening act. This time is different. Few imagined how far the Fed would go to reinflate the economy in the wake of the 2009 crisis. It started with TARP, then “quantitative easing” QE1, QE2, Read More…
“Fortress balance sheets?”… “It’s different this time”… “Greatest economy ever.” If all of that is true, then why are the stocks of the most systemically important banks in the world collapsing? And the banking collapse is leading global stocks lower – probably not coincidentally as global central bank balance sheets contract… As The Economic Collapse blog’s Read More…
Exactly ten years ago, in the middle of the summer of 2008, the world was only two months away from the most severe financial crisis since the Great Depression. At the time, the size of the US economy as measured by Gross Domestic product was around $14.8 trillion– by far the largest in the world. Read More…
Earlier this month, the United States government released its annual financial report for the year 2017. This is something the government does every year, similar to how large companies like Apple, or Warren Buffett’s Berkshire Hathaway, publish their own annual reports. Unlike Berkshire and Apple, though, whose financial reports typically show strong, positive results, the US government’s financial Read More…