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RIPian

And now we have the latest TSLA wanna-be, Rivian, reporting their “earnings” (umm, losses). The stock is now down 90% from its peak. Of course, I’m sure every single analyst on Wall Street gave it a Strong Buy, since every one of …

Doug Noland’s Credit Bubble Bulletin: Perils of Unsound Money

The consequences of decades of unsound money are coming home to roost. Our nation is hopelessly divided in an increasingly decoupled world. Predictably, inflation and Bubbles are sowing inequality, insecurity, hostility and conflict – at home and abroad. Trust in critical institutions continues to wane. The costs associated with this epic policy failure will be enormous – possibly catastrophic.