I have devoted many blog posts to the erosion of the middle class, for the specific reason that when the middle class–the layers of the economy between the Power Elites and landless laborers/state dependents–erodes away, the nation/empire is destabilized and

In a landmark infrastructure bill passed in December, Congress finally penetrated the Fed’s “independence” by tapping its reserves and bank dividends for infrastructure funding. The bill was a start. But some experts, including Congressional candidate Tim Canova, say Congress should

When Harry met Sally in a downtown diner in New York, you never knew what might happen.  When Richard Fisher’s Great Digestion meets Larry Summer’s Great Stagnation, the outcomes are upcoming in a most inopportune projectile manner.  From Chipotle’s Nightmare

Hillary Clinton’s campaign is absolutely imploding right now. When people get desperate, they do desperate things, and the latest move by the Clinton campaign reeks of putrid, panicked desperation. What I am referring to are recent accusations that Bernie Sanders

We discuss ‘post-traumatic debt disorder’ – which is seen as workers refuse to ask for wage increases, no matter how tight the labor market gets. They discuss the intentional Federal Reserve policy of repeatedly traumatising workers for decades in order

Last fall, I published several posts detailing the clear evidence that London’s luxury home market had topped, as news emerged that sales for the most expensive units had plunged 26% year-over-year. This was significant since London represents the ultimate prize in

We discuss the bonfire of the misallocated capital as everything from the S&P 500 to China’s Producer Price Index to South Africa’s rand signal a deflationary collapse. In the second half, Max interviews Lee Adler of WallStreetExaminer.com about distribution taking