The credit bubble has been identified, recognized and “pricked”, the equity markets are only a symptom. Do not be fooled by any strength this coming week, it should be used to raise cash. As September moves in, the September-October time-frame looks like…
With stock markets diving around the globe, a pressing question arises: is it time to get into Crash Positions? In case you forgot how to get into Crash Positions, here’s a reminder: After a dizzying 500+ point drop in the…
The global deflationary wave we have been tracking since last fall is picking up steam. This is the natural and unavoidable aftereffect of a global liquidity bubble brought to you courtesy of the world’s main central banks. What goes up…
Podcast: Play in new window | Download With gold surging all week and the DOW on the verge of all-out free-fall after plunging over 500 points Friday, The Doc & Eric Dubin Break Down All the Action, Discussing: DOW Plunges 500 Points Friday,…
We discuss Miami’s fear of that good old capitalist thing – competition – coming from Cuba. The city is struggling to find sand in order to compete with the finer beaches of their new friend and competitor. In the second…
We discuss the $32 trillion in pointless trading each and every year, which results in bankers and brokers getting rich at the expense of churned chumps. In the second half, Max interviews Janet Tavakoli of Tavakoli Structured Finance about the…
Central bankers are watching Marx’s dictum all that is solid melts into air play out in global stock markets with a terror informed by the scalding memories of 2008’s global financial meltdown. Once the trap-door opens, there is no bottom…
The credit BUST is here! Markets all over the world are crashing and the U.S. is now losing control. After breaking down yesterday, today looks to be another bad day. If the PPT cannot get any traction today, Monday could be…
We discuss the very un-Norman Rockwell-like shakedowns of poor communities across America resulting in the increasing confrontations between the police sent to collect for local bankrupt communities and the poor suckers who are plundered. In the second half, Max continues…
Welcome to Dismaland: A far better representation of life for the world’s masses, frustratingly toiling under an endlessly corrupt, neo-feudal, criminal oligarchy. But don’t take it from me. Here’s a look at some photos from the latest Banksy exhibit, which opened…
Originally published May, 2004 For many months now I have been spending many long, enjoyable and fruitful hours reading hundreds of excellent essays in the modern day equivalents of the public library. These websites, their owners and contributors are similar to…
The Labour Purge Is Underway, And They’ve Banned Me From Voting Corbyn http://t.co/myeKjpxCgn #olsx #LabourPurge #JezWeCan #Labourleadership — Scriptonite (@Scriptonite) August 20, 2015
I clearly remember the moment several years ago when my closest friend from NYC was at my place pleading with me to download and use Spotify. The pitch was compelling and I was open minded about the concept, until I learned…
Beneath the surface PR of progress, the operant dynamic of this era is stagnation. Cheerleaders of progress have a few unalloyed wins in the past 15 years–battles won against diseases, for example–and a general increase in living standards among the…
Every investment needs a good story if it’s going to fly. “The internet is going to change the world”, drove the dotcom bubble. “They’re not building any more land,” drove buy-to-let. “The Chinese want the things we take for granted…