What nobody dares whisper is ‘there is no alternative to collapse’ because the system is now too fragile and brittle to survive.TINA–there is no alternative–is throwing an orgy of money-creation, and it’s one for the ages: The Federal Reserve ha…
Nero, Rome, burning, all the sort of historical stuff… so, behold the Trumpassery amidst Covid19… (click on the cart to read details):
We may still find out just how bad things are. Because the dealers remain leveraged to the hilt. And there’s one more thing.
Virtually nothing in America’s top-down financial and political realms is actually transparent, accountable, authentic or honest.Opting out will increasingly be the best (or only) choice for tens of millions of people globally. Opting out&nbs…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Folks with pitchforks don’t care for nuance of financial wizardry. Or for econophysics of data-rich markets. They like simple, somewhat stylized facts. So here is how the world of the last 12 years looks to them:Nothing to add.
New initial claims data is out for last week, and so time to update one of my scary charts
Governor DeSantis takes credit for Florida’s better than expected performance in the state’s numbers of COVID19 cases and deaths.
Dear Corporate America: maybe you remember the old Johnny Paycheck tune? Let me refresh your memory: take this job and shove it. Put yourself in the shoes of a single parent waiting tables in a working-class cafe with lousy tips, a worker stuck with hig…