The consensus is that asset inflation is unstoppable and forever. History begs to differ. Not unsurprisingly, people want a binary...
View MoreIf you don't discern any of these dynamics in the present, what are you choosing not to see? The reason why history rhymes is that...
View MoreIf we have indeed begun a sustained "reversal of fortune", it might be prudent to consider the possibility we're only in the first...
View MoreAll the tricks to hide our unaffordable cost structure have reached marginal returns. Reality is about to intrude. There is much t...
View MoreHere's looking at you, Federal Reserve--thanks for perfecting 'legalized looting' and neofeudalism in America. The problem with pu...
View MoreOne of the dishes at the banquet of consequences that will surprise a great many revelers is the systemic failure of the Federal R...
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Behold The Axis