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So Tweeteth the Donald
If there’s one thing you could say in favor of the last Republican president to face a Democratic impeachment inquiry, it’s that Richard Milhous Nixon pretty much kept his fulminations and fury inside the White Read More
A Look Around the Table
When the recession happens, the proximate cause will be new tariffs and the Trade War. The inevitable downturn will really be about easy money – too much of it for too long. Read More
Just Another 21st Century Perversion
There’s a genre of Social Media Socialist post with a comment along the lines of “threatening us with a good time again” above a link to a CNBC. Read More
The Growing Influence of the Unchecked Monetary Financial Complex
Here’s the relevant inventory of the Bubble Finance Era: There’s essentially no free-market interest rate. Real yields across the maturity spectrum are nearly zero. Read More
This is “Late Bubble Finance”
Turns out Jay Powell is the Janet Yellen and the Ben Bernanke of Alan Greenspans. Read More
The Donald Will Take It Easy, Thank You Very Much
When the Donald tweets about the “greatest economy ever,” he doesn’t understand that the implosion of what is indeed the greatest-ever stock market bubble will send it into the dunk-tank. Read More
Our Monetary Mess
Within certain limits, it is actually true that the less money you have, the less you worry. – George Orwell, Down and Out in Paris and London(1933) ... Read More
The Fog of Trump
Chaos was the law of nature; Order was the dream of man – Henry Adams, The Education of Henry Adams (1918) ... Read More
When All You Have Is a Hammer
I am a Tariff Man. – President Donald J. Trump, “Statement via Twitter,” (10:03 a.m. ET December 4, 2018) ... The Donald cratered equities futures again. Read More
