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The Epocalypse is Different This Time, Yet Much as Predicted

Four years after the following lead-in article to my Epocalypse series was written, it is coming true before your eyes. Some of it came true right after it was written. Most is happening now. You can see the events it describes overtaking us in all the ways it laid out, and you can go back […]

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The Return of the Epocalypse

In August of 2015 I started writing about The Great Recession 2.0 that was coming upon us. I called it “The Epocalypse” to signify an economic apocalypse that would be epic in scale and that would begin a new epoch on earth — a turbulent time of great global financial decline.

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Stock Market Bulls Delusional in Face of Great Depression

Monday was nothing but a dead-bull bounce … after bounce … after bounce, which means there is plenty of punishment to come. Pure testosterone drove the market’s rise, fed by nothing but the weak premise that New York’s drop in the coronavirus death rate for a single night meant the worst is behind us.

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The Bailout Bonanza is Back! (Pt 2: Hedge Hogs Demand More!)

The emphasis has to be on HOG as they squeal for corporate welfare and push their snouts into the trough. One hedge hog says the government needs to bail out all businesses by paying all wages so companies that depleted all cash don’t have to pay to retain all workers:

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Short Take on the Long Line to Recession

As stocks took a morning breather while I enjoyed my coffee and wrote down the first recession stats since the Coronacrisis, I came across a heart-ripping prediction from Goldman Sachs for this week once the data is in. It’s been a long line of facts to this recession, but the last step is a doozy!

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The Bailout Bonanza is Back! (Pt 1: The Commercial Paper Crisis)

I’ll lead off with a brazen display of SHAMELESS bankster greed. Banks absolutely MUST HAVE all bailouts go to them. When the government said it would send $1,000 checks to every tax payer as a personal bailout, one banker implored the government to give it to the banks instead.

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Federal Reserve Monetizing US Debt Faster than its Previous Tightening

During its brief and utterly failed attempt to reduce its balance sheet (called quantitative tightening), the Federal Reserve only rolled off securities at a rate of $50 billion a month. It is now purchasing US treasuries at a rate of more than $55 billion a month:

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GDP is In, and Recession is Out … or is it?

Having predicted last year that a recession would begin in the summer of 2019 and that it would likely start with a major repo crisis, I am now proven wrong by 2019’s fourth-quarter GDP. If the repo crisis that started in the final week of summer had actually been the start of a recession, we […]

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Fed Fights Catastrophic Financial Collapse

Let us begin with an overview of the past season’s dramatic financial interventions in pictures. First, here is a picture of global central bank interest-rate cuts and interest-rate hikes over the past decade. As you can see, the masterminds of master finance are currently cutting interest like there is no tomorrow … as though, without […]

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Stock Market More Overpriced and Perilous Than Anytime in History

I’m not going to predict when and how the US stock market will crash as I did by laying out the stages of its fall for 2018. That was easy, but the times are different now. Back then, the Fed had laid out a precise schedule for its tightening, and it was apparent to me […]

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Lunatic Larry Promises Trump Candyland for Election Year

National Economic Council Director Larry Kudlow, a top economic adviser to President Donald Trump, said Wednesday that the White House plans to unveil a plan for additional tax cuts later in 2020. “I am still running a process of Tax Cuts 2.0. We’re many months away – it’ll come out sometime later during the campaign,” […]

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Dr. Fed Frankenstein Kept Alive by Zombies

Did you know Dr. Frankenstein created a monster that stays alive to this day by eating zombies? Neither did the zombies. Neither, apparently, did Dr. Frankenstein. In fact, the zombies, being braindead as zombies are, do not realize that they are also keeping alive the diabolical doctor who made the monster that is eating them.

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