Author Archives: admin

The Fed Has Gone Nuts… and It Can Get Worse

With its $700 billion bond-buying expansion in response to the COVID crisis, the Federal Reserve has thrust itself into the limelight. Like a sixteen-year-old with a credit card, the Fed is salivating over what money-printing powers it shall seize next. … Continue reading

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They’re All High on Fed Fairy Dust

Everybody realizes the US economy is in a bad spot. But most people still seem to believe it will bounce right back once we deal with the coronavirus. They’re all high on Federal Reserve fairy dust.

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Are You Ready For The Great Depression Of The 2020’s?

For those of you that were expecting just a “deep recession”, I am afraid that you are going to be very disappointed. It took years for the U.S. economy to fully unravel in the 1930s, but now we have witnessed … Continue reading

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Did you know???

Well… it’s ALL bats to me! Many theories have been advanced to explain the origins of the novel COVID-19 coronavirus that emerged in Wuhan, China, in late 2019, ranging from the prosaic finding that it was merely a natural mutation … Continue reading

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No, This Is Not Another 1929, 1973, 1987, 2000, or 2008

Basing one’s decisions on analogs from the past is entering a fool’s paradise of folly. Like addicts who cannot control their cravings, financial analysts cannot stop themselves from seeking some analog situation in the past which will clarify the swirling … Continue reading

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Welcome to America…



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Nothing more to be said…

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What’s Collapsing Can’t Be Saved: Our Fraudulent Economy

Pulling the sleeve down to hide the tracks doesn’t mean the addict is cured. Just for a change of pace, can we be bluntly honest about the U.S. economy? It’s difficult to do because we’ve chosen to ignore all the … Continue reading

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America Finally Found the Lost City of Gold

In the early 1530s, a Spanish conquistador named Diego de Ordaz was exploring modern-day Venezuela when he first heard rumors of a nearby City of Gold. Ordaz thought he was about to hit the jackpot. And he wasted no time … Continue reading

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Banks pressured to repeat causes of 2008 financial crises

As the media begins to roil with reports of bank delays in the distribution of business recovery loans from the government plan to save business from the effects of quarantine and closure, it is important to ask if there is … Continue reading

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