We ask what Dorothy Parker would say about the ugly-to-the-bone economy. We look at the ‘ugly three’ – debt too high, productivity too low, and policy room for maneuver too limited – and the ‘not good’ industrial numbers in Europe.…
One of the biggest lessons I’ve learned from the 2016 election season is the obvious fact that the GOP base has absolutely no interest in freedom, civil liberties or the Constitution. The huge success of the megalomaniac statist Donald Trump, as…
The fundamental premise of global central bank policy is simple: whatever’s broken in the economy can be fixed with zero interest rates (ZIRP). And the linear extension of this premise is equally simple: if ZIRP hasn’t fixed what’s broken, then…
Donald Trump is an extreme version of the American society and spews racist and fascist views to attract more support: – Trump says he would deport 11 million undocumented workers from the United States and would establish a deportation force…
Tim Cook deserves tremendous credit for the courage to come out and so aggressively and publicly denounce what the FBI is trying to do. If he hadn’t decided to publicly challenge the court order and write a detailed treatise on precisely…
Your average person probably doesn’t even notice. And they certainly don’t seem to care. But an incredibly nefarious plan to get rid of all cash is well in process. Your average person probably doesn’t even mind. Credit cards and smartphone payments…
Eastern bloc states including Poland, Slovakia, Hungary, and Czech Republic have dismissed current proposals on curbing child benefits for their migrant workers in western Europe. Cameron is under tremendous pressure over the new challenge… Watering down of migrant benefit proposals…
If we collectively choose wishful thinking, catastrophic consequences are guaranteed. Wishful thinking has been an integral driver of the “recovery” 2009-2015: asset bubbles aren’t bubbles, central bank policies are brilliantly successful, unemployment has dropped to levels of full employment, and…
If we collectively choose wishful thinking, catastrophic consequences are guaranteed. Wishful thinking has been an integral driver of the “recovery” 2009-2015: asset bubbles aren’t bubbles, central bank policies are brilliantly successful, unemployment has dropped to levels of full employment, and…
US Republican presidential candidate Donald Trump has threatened Ted Cruz with legal action relative to to the fact that he was born in Canada and therefore cannot be President. Trump did also say that Cruz is a totally unstable individual,…
Former US President and warlord George W. Bush, who predicted that Iraqis would welcome US troops with flowers, is predicting that his brother Jeb Bush would win the 2016 election! Lol! Rofl! Jeb Bush was once the presumptive Republican Party…
The war on cash has been in the works for a very, very long time, but the propaganda campaign to convince an always gullible public to accept the scheme seems to have been hatched in earnest late last spring… Read more…
We discuss unintended geo-economic and financial consequences of trying to treat economics and politics as a science. We note the capital flight from Italy and Spain; and the growth of deposits in Russia due to sanctions. We also look at…
Don’t be misguided, bitcoin hard fork does not have FinCEN implications: http://ow.ly/YngQM