Greece, EU and Banks Staring Into Abyss Markets Are “Irrationally Exuberant” – Gods Punish Hubris “Invisible Hand” Propping Up Sanguine Markets Short Term Considerations Long Term Considerations Best Case Outcomes Worst Case Outcomes Wealth Preservation Strategies We are here, staring

It’s been an ugly week for Chinese equities, but today’s performance is a whole other level of ugly: Today marked the fourth largest decline of the Shanghai Composite in two decades. Today the benchmark Shanghai Composite plunged 6.4%.  That brings the

When it comes to the question of when (and if) the Federal Reserve will raise interest rates, we’re not really sure why the media continues to report on “what economists think“.   It’s clear to anyone who is paying attention that

When it comes to the question of when (and if) the Federal Reserve will raise interest rates, we’re not really sure why the media continues to report on “what economists think“.   It’s clear to anyone who is paying attention that

Reform is impossible in a system optimized for centralized power and financial predators and parasites. The problem with optimizing private gain by any means available is you also optimize financial predators and parasites. The problem with optimizing a system for

Reform is impossible in a system optimized for centralized power and financial predators and parasites. The problem with optimizing private gain by any means available is you also optimize financial predators and parasites. The problem with optimizing a system for

Reform is impossible in a system optimized for centralized power and financial predators and parasites. The problem with optimizing private gain by any means available is you also optimize financial predators and parasites. The problem with optimizing a system for