Of Two Minds

Our ruling elites, devoid of leadership, are little more than the scum of self-interested, greedy grifters who rose to the top of America’s foul-smelling stew of corruption.The Founding Fathers were wary of institutional threats to liberty and the citi…

Flooding the financial system with “free money” only restores the illusion of stabilityI updated my How Systems Collapse graphic from 2018 with a “we are here” line to indicate our current precarious position just before the waterfall:For those wh…

Once the pool of greater fools dries up, stocks crash regardless of what the Fed does or bleats.The conventional view is the Federal Reserve creating trillions of dollars out of thin air will trigger inflation. Not so fast. Yes, creating…

The Company Store is open, buy whatever you want on easy credit, and don’t forget to take an approved narrative with you.I’ve been discussing the neocolonial-plantation structure of the U.S. economy since 2008, and now this model has reached perfection…

Re-opening a fragile, brittle, bankrupt, hopelessly perverse and corrupt “normal” won’t fix what’s broken.The stock market is in a frenzy of euphoria at the re-opening of the economy. Too bad the re-opening won’t fix what’s broken. As I’ve been no…

The fragile ice shelf of speculative bets and debt clinging to the mountainside is making strange creaking sounds– will you listen or will you ignore it because ‘the Fed has our back’?Feast your eyes on the chart below of the Nasdaq 100 stock market I…