When did our financial and political elites become self-serving parasites? Some will answer that elites have always been self-serving parasites; as tempting as it may be to offer a blanket denunciation of elites, this overlooks the eras in which elites rose to meet existential crises.
Hating the U.S. dollar offers the same rewards as hating a dominant sports team: it feels righteous to root for the underdogs, but it’s generally unwise to let that enthusiasm become the basis of one’s bets.
We don’t just deserve an affordable, sustainable healthcare system–we’re doomed to bankruptcy without one.
JJust for the sake of argument, let’s ask: what if we’re in a Depression but don’t know it?
Without the stimulus of ever-rising credit, the global economy craters in a self-reinforcing cycle of defaults, deleveraging and collapsing debt-based consumption.In an economy based on borrowing, i.e. credit a.k.a. debt, loan defaults and deleveraging…
I consider it self-evident that we are in the third and final stage of self-serving Imperial decay.
The priesthood’s insane obsession with forcing people to spend their savings by punishing savers with ZIRP/NIRP has failed spectacularly for a simple reason: it completely misunderstands human psychology.Let’s start with a simple chart of the Fed Funds…
The truth is the rich are getting richer and everyone else is losing ground as inflation chews through stagnant incomes.
The MSM has forsaken its duty in a democracy and is a disgrace to investigative, unbiased journalism. The mainstream media bet the farm on Hillary Clinton, confident that their dismissal of every skeptical inquiry as a “conspiracy” would guarantee her …
Numbers like gross domestic product (GDP) and the unemployment rate no longer provide insight into how our economy works. As the status quo narratives and metrics lose their explanatory value, defenders of the status quo frantically leap into attack mo…