TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
“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…
Sometimes the truest of hard truths are to be found smack dab in the middle of the fakest of fake news. You just have to read between the lines. Take a recent story that bubbled up amid all the hype about the all-time record highs in the “What Could Possibly Go Wrong?” manipulated stock markets. You Read More…
This week, many Americans are more terrified of North Korea than usual, with some scrambling to buy supplies in case of a nuclear apocalypse as at least one local government offers advice to residents on how to survive a blast. Though Americans are unsure about Trump’s approach to North Korea, a majority agree that the country is a serious threat as much of Read More…
This article recounts key events along a time line that stretches from 1986 to the present. Follow the bouncing ball. Since Facebook went public with an IPO (Initial Public Offering) of stock in 2012, I’ve been following the trail of its stock price. In 2012, I wrote: “But now the Facebook stock has tanked. On Read More…
The general public truly lives in two separate worlds. We have the world of the mainstream media, popular culture and political rhetoric; a world which constantly and desperately seeks to twist or destroy any legitimate measure of reality, leading people into a frenzied fog. Then, we have the world of concrete facts; an ugly, brutal Read More…
Since Trump’s election, the US stock market has climbed unstoppably along a remarkably steep path to round off at a teetering height. Is this the irrational exuberance that typically marks the last push before a perilous plunge, or is the market reaching escape velocity from the relentless gravity of the Great Recession? This burst of enthusiasm in response to Trump’s victory, flew in the Read More…