source There has been much investment into tech stocks. An embrace of the unknown has become normal today. Unknowns such as: Will the company ever be profitable? What exactly does this company really do anyway? Will this business model even make sense next year? But I guess the real question is who cares? Right? I […]
source While the masses are distracted by the fiction they believe to be true in the mass media, a really frightening event has taken place. Follow the money they say. So what happens when the biggest institutions and most powerful entities and families join together in plain sight, aiming to direct their energy against our […]
source We are entering a new phase. Where central banks can pump up markets indefinitely and the consequences are never felt. Money will flow non-stop and everyone will be given free money. Unicorns will do all the heavy lifting and rainbows will be in abundance in the desert. The yeti and sasquatch will find their […]
source There’s never been more debt flooding the system in history. More cash floating around, finding its way into any speculative investment. Stocks at any price? Sure. Art? Ok. Hockey cards for $1 million? Absolutely. This is like all previous bubbles before it, put together. But today, we have more denial than ever. More love […]
source The fun never stops on Wall Street. More and more people are piling in their cash. Retail investors are following the herd. Investing everything they have and piling up leverage as much as possible. Critical of everything suggesting perhaps we have seen too much too fast. In the end, we are looking at central […]
source Let’s face it. The majority of people today are living paycheck to paycheck. They can’t afford their bills but just barely get by, largely by use of debt. This is why we have seen home equity being used as a piggy bank, stocks being used as collateral, and a huge disparity in between the […]
source There are two very different stories to tell in 2020. This is the most uneven economy ever. It’s the Roaring 20’s and The Great Depression rolled into one. And that’s a very dangerous thing. Ask a stock market speculator how business has been since March 2020. They’re a genius, right? Everything is up. Tesla. […]
source First time in 90 years the U.S. and really the whole world has pushed out 3 separate methods of expanding the money supply all at once and to a record level. We are living in historic times. Many are ignoring reality. Wile E Coyote might have some insight that would be valuable however. We […]
source Social security will be cut, there’s no doubt. The fund is nearly depleted and something needs to be done. The easiest path is to phase in a cut. Less money for you. Remember those bailouts of those multinational organizations? They got the money. You didn’t. You won’t even get back what you paid in. […]
source Continued fiscal support and public health action needed to make hope of recovery a reality – OECD Continued fiscal support and public health action needed to make hope of recovery a reality – OECD OECD Information for journalists, The prospect of a number of COVID-19 vaccines becoming widely available next year has lifted hopes […]
