Long-time correspondent Bart D. (Australia) posed a profound question: what is the minimum investment (in time, money and effort) needed to ensure one’s children have social mobility, i.e. a cultural/social passport to upper-middle class opportunities? This chart illustrates why the

Paul Krugman made the above statement in 1998, and while I stand guilty for plenty of bad forecasts, Krugman’s internet call is arguably the worst prediction in human history. Naturally, that doesn’t prevent the man from retaining his tenured position of punditry at the New York

This quote went so well with a painting from my fantasy finance assassination series that I just had to put the two together for your viewing pleasure

Hard fork in the euro currency announced: https://t.co/HNOrNfZab9 #oldie pic.twitter.com/A7d42cRYFd
— Tuur Demeester (@TuurDemeester) April 15, 2016

It’s not rocket science..!! The more #DEBT that is piled on to the already unsustainable Debt the more #UNDERVALUED #GOLD & #SILVER gets..!! — Stephen P Kendal (@StephenPKendal) April 15, 2016

https://t.co/LBTOZMttDU
— Rudolf E. Havenstein (@RudyHavenstein) April 14, 2016

The CIA is investing in firms that mine your tweets and Instagram photos. https://t.co/OyZeFOTQFW pic.twitter.com/RsOmcITbun
— The Intercept (@theintercept) April 14, 2016

Only available in our Newsletter, @start_coin cards giveaway! Get subscribing – https://t.co/B2eTgFTrRx pic.twitter.com/LVCnhc6J3S — StartJOIN (@StartJOIN) April 14, 2016

We take a physicist’s view on global financial and economic news as central bankers play dice with the financial universe and Schroedinger’s bank has assets, both there and not there, living and dead at the same time, depending on who

Looks like @CMEGroup preparing for #gold #silver failures & segregating collateral. Get safe & get liquid! #Bitcoin https://t.co/3kGPHqUytK
— Trace Mayer (@TraceMayer) April 14, 2016

This can’t be said politely: the entire status quo in America is a fraud. The financial system is a fraud. The political system is a fraud. National Defense is a fraud. The healthcare system is a fraud. Higher education is

Case Closed: Deutsche Bank Confirms Silver Market Manipulation In Legal Settlement, Agrees To Expose Other Banks https://t.co/2NlNirVvfo
— zerohedge (@zerohedge) April 14, 2016

William Worthington Fowler’s Twenty Years of Inside Life in Wall Street or Reflections of the Personal Experience of a Speculator is a joy to read. It is my favorite epic of the wild ride of trading and speculating at a