Category Archives: Economy
Is the Bank Crisis Already Over?
Taking the path of least resistance eventually leads to disastrous places. Like the Alexandria Hotel in Los Angeles, circa 1990s, these are places that are best to be avoided. Still, some people, after consistently choosing the easier and softer way, ended up there, going mad, in their SRO unit. Continue reading
What Comes After the Great Liquidation
Expectations were great. When 2023 started, there was a general sense that the stock and bond markets had turned over a new leaf. A repeat of 2022 was out of the question. Continue reading
Living the Lie
The problem with government propaganda, among many, is that it denies the truth. It attempts to induce people, through repeated justifications, to accept an official narrative that anyone with a small modicum of curiosity knows to be a lie. Continue reading
Gold Shines Bright
The mighty U.S. dollar spent a good part of the year beating up on other currencies. From January to mid-October, the dollar rose 13 percent against the euro, 22 percent against the Japanese yen, and 6 percent against emerging market currencies. Continue reading
