Of Two Minds

OfTwoMinds

Hey Fed, Explain Again How Making Billionaires Richer Creates Jobs

May 7, 2021

Despite their hollow bleatings about ‘doing all we can to achieve full employment’, the Fed’s policies has been Kryptonite to employment, labor and the bottom 90%–and most especially to the bottom 50%, the working poor that one might imagine most deserve a leg up.

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Covid Has Triggered The Next Great Financial Crisis

May 4, 2021

What’s left are the ‘fatal synergies’ of soaring debt and leverage, diminishing returns on stimulus, the substitution of credit for savings and the coming deflationary tsunami that pops all the speculative bubbles. Imagine a once modest but sturdy home built near a cliff to maximize the vistas.

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Insights into Risk: Taleb and Tyson

May 2, 2021

Events that devastate the majority financially greatly enrich the few who bet on non-linear dynamics. I see the same question in forums, threads, articles and emails: what can I do to protect myself and my family from whatever lies ahead?

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Which Lifeboat Will You Choose?

April 30, 2021

I’m sure it’s no surprise that the next five years will be risky and challenging; to the degree that we will be reliant on those closest to us, we are sharing a virtual lifeboat. Consider a scenario in which we’re on a ship that’s sinking, and the lifeboats have been launched. Being some of the last still on board the doomed vessel, we can scan who’s in each lifeboat and choose which one we’ll clamber into.

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America Is Exceptionally…Kleptocratic: Wealth/Power Inequality and the Slide Into Disorder

April 29, 2021

The sheer weight of this outlandish asymmetry of wealth and power is pulling the nation into disorder. The U.S. Constitution doesn’t address a small elite owning most of the nation’s private wealth and using a sliver of that wealth to influence the federal government so their wealth and political power increase in a self-reinforcing feedback: as a result of their campaign contributions and lobbying, the elites’ wealth continues expanding, enhancing their political power to further expand their wealth, and so on.

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Warning Light Flashing Red

April 27, 2021

When the warning light is flashing red, it’s prudent to have a capital preservation strategy in place. Not everyone has an IRA or 401K invested in the stock market, for those who do, the red warning light is flashing red:markets have reached historic extremes on numerous fronts.

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Contributors

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Mark E. Jeftovic

Mark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture. 

The Canadian Bitcoiners

The Canadian Bitcoiners

Joey Tweets and Len the Lengend are the hosts of The Canadian Bitcoiners Podcast, and you may recognize them as the voices (and faces) behing the AxisOfEasy Podcast. CanadianBitcoiners.com

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Charles Hugh Smith

Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.