Every couple of months, I bring us up to date on how the economy has changed, and the last couple of month have taken us predictably back into economic decline, following a summer burst of subnormal passableness that never got us out of the crater we fell into last spring.
What does MAGAnificent America look like now that it’s here? Does America really feel greater after the last four years? Be honest now. Be really honest. From where I stand, America has never looked worse in any year of my life! That’s a statement packed with facts.
After each year closes, I typically grade myself on the predictions I made for that year. My last set of predictions were written near the end of June, during our reopening from the COVID lockdowns, for the second half: “2020 Economic Predictions: This Series of Unfortunate Events Guarantees the Epocalypse.” I led off with this […]
The big talk among economists and central banksters and some politicians in 2020 has shifted toward how the Coronacrisis will (or “must”) result in a global financial/social reset. I’ve said for years we can anticipate central bank digital currencies (even before that term existed) to happen in conjunction with a global financial reset. Now we […]
There is no excerpt because this is a protected post.
In my last Patron Post, which I eventually made available to everyone, I revealed a little-known (at the time) fact that M1 money supply (the most liquid forms of cash — bills, checks and basic savings accounts) had grown faster than any time in history. I showed that using a graph like the following, which […]
Just wanted to highlight that so people don’t forget to check it out now that password protection has been removed from the article. I’ve made it available because the news it contains about the latest major moves within the Federal Reserve System are tectonic — some serious, surprise, so-far-unexplained movement in cash money. See: “It’s […]
This month’s Patron Post lays out what course of action the Fed is likely to take this week, how and why any Fed action must team up with the federal government, and what the outcome is likely to be for the stock market and the economy. I’ve now unlocked that Patron Post for everyone because […]
The following article comes with a surprising revelation — possibly an alarming revelation — at the end. Something big is happening at the Fed — the largest movement of “cash” in history. I don’t know what to make of it, because the Fed has been completely silent about it, and the mainstream financial press has […]
We are now seeing the most euphoric stock stock market in history — a market as precariously perched as the one I laid out last January. “Market Euphoria Surpasses Dot Com Levels” says one headline. There is another way of putting it: extreme euphoria. Zero Hedge
It’s time for my semi-regular roundup of where the economy has gone since the last roundup, and … It’s a long line of devilish details
Let us speak of megabanks and global corporations, chicanery and swine, and speak of how the great have feasted in the troughs of trillions dumped out by the present administration, congress, and the Fed, for 2020 makes the bailouts of the Great Recession look like childhood snacks.
I have tried to be fair with Trump, taking down many of the big lies I have seen brought against him, but I hold him to the same standard of truth. His charges of fake news against the mainstream media could have changed things if he hadn’t told so many lies himself that he lost […]