Tag Archives: treasuries
Economic Profanity
Significant changes are taking place. As we noted several weeks ago, for the first time in 27 years wealth is not flowing into emerging markets. It’s flowing out. The global economy everyone has known since the late 1980s is being … Continue reading
Black Swan Fledgling – The Debt Crisis Takes Flight
The debt based money system plods along according to plan. The Fed offers unlimited credit. Public and private entities borrow and spend it. One of the more popular delusions of contemporary culture is disbelieving the money will ever have to … Continue reading
Forecasts of Gloom
Just like the clockwork of a rooster’s call at dawn. On the first day of June each year, coastal Southern California becomes encapsulated by dense gloom. You can guarantee it. Out of state visitors mistake the gloom for smog. But … Continue reading
Pinching the Losers in Congress
Financial markets are remarkably confounding. If you’ve ever speculated on stock price movements, you know what we mean. Predicting where the market will go is hard enough. But knowing exactly when…that’s nearly impossible. Looking back, assigning causation, and projecting forward, … Continue reading
