Given that political power in America is a pay-to-play auction in which the highest bidder wins, how this incomprehensibly lopsided ownership of wealth plays out is an open question.
Despite Newton’s tremendous intelligence and experience, he fell victim to the bubble along with the vast herd of credulous greedy punters.
It makes perfect financial sense to crash the market and no sense to reward the retail options marks by pushing it higher.
Which is more valuable: Wall Street’s debt/asset bubbles or the global empire? You can’t have both, so choose wisely. The consensus makes sense: the U.S.…
Who knew it would be so easy? All we have to do is collect urine and we’ll be flying our electric air taxi tomorrow! While…
If America’s total dependence on corporate profits and stock market/housing bubbles is just fine because the bubbles just keep inflating, there’s nothing left but rot.…
The status quo response would be amusing if the consequences weren’t so dire. Rather than stare at empty shelves, you have two options for distraction:…
The line of dominoes that is already toppling extends around the entire global economy and financial system. Plan accordingly.
Santa is generally a jolly fellow, but that doesn’t mean he doesn’t take pleasure in meting our well-deserved punishment to the greedy.
While Corporate America is focusing on preserving its precious profits, its customers and workforce are rebelling by walking away.