2023: The Fed Declares Victory; 2024: The Year of Hubris and Nemesis
Are the crowds ready for the curtain of Fed omnipotence to be pulled aside? What will…
Are the crowds ready for the curtain of Fed omnipotence to be pulled aside? What will…
The tricky part is distinguishing the critical dependencies--those resources the empire literally cannot do without--from longer-term…
Maybe we'll get 1893, 1929, 1968 and 2008 analogs mixed into a heady cocktail of surprises.
Not only does everyone love getting "free money" from the state, they also love hearing the…
Speculation has its own expiration dynamics, and they don't depend on us recognizing speculative excess for…
Combine all these factors and the result is a potentially volatile mixture awaiting a catalyst.