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The last shred of power the elites hold is the belief of the masses that the elites are still in control.I understand the natural desire to believe somebody’s in charge: whether it’s the Deep State, the Chinese Communist Party, the Kremlin or Agen…

You thought that monkey on your back was light as a feather, but now it transmogrified overnight into a crushing gorilla.Dear junkies addicted to the Federal Reserve’s free-money smack: like all addicts, you firmly believe you’re not addicted.&nbs…

They’re hoping the endless circuses and trails of bread crumbs will forever distract us from their plunder and the inequalities built into America’s financial system..The primary story of the past 20 years is the already-rich have gotten much richer, w…

Here’s the thing about gambling: risk cannot be made to disappear, it can only be transferred to others.Those taking seats at the gaming tables in the Federal Reserve’s casino believe that they can’t lose. Or more precisely, any losses they suffer…

The Fed has backed itself not into a corner but to the edge of a precipice.Though the Federal Reserve never stated its Grand Bargain explicitly, their actions have spoken louder than their predictably self-serving, obfuscatory public pronouncements.&nb…

So what do we know with any sort of certainty about the claim that “the pandemic is over”? Very little.Is the pandemic over in China, Europe, Japan and the U.S./Canada? Is the much-anticipated V-Shaped economic recovery already baked in, i.e. already g…

Ours is a Wile E. Coyote economy, and now we’re hanging in mid-air, realizing there is nothing solid beneath our feet.The story we’re told about how our “capitalist” economy works is outdated. The story goes like this: companies produce goods and …

We are entering The Greatest Depression because there is no exit.I’ve endeavored to explain why The Greatest Depression is unstoppable in recent posts:The Covid-19 Dominoes Fall: The World Is Insolvent March 16, 2020Pandemic Pandemonium: The Tides…

Come on, Jay, you can always goose stocks back to new highs after the election.Indulge me for a moment in some backroom speculation. It’s absurdly obvious that the unelected, permanent, ever-expanding National Security State, a.k.a the Deep State,…

The global crisis is not merely economic; it is the result of profound financial, sociological and political trends described by Marx, Kafka, Orwell and Huxley.The unfolding global crisis is best understood as the convergence of the dynamics described …

The bill for extreme wealth/income inequality is now overdue, and the penalties for ignoring the bill will be as extreme as the inequality.Our socio-economic-political system–let’s call it the status quo–has been hollowed out by extremes of weal…

That which has failed is unsustainable, no matter how many trillions the Federal Reserve tosses against the tides of history.The chapter titles of Michael Grant’s excellent account of The Fall of the Roman Empire identify the core dynamics of…

As the old models break down, opportunities for new models will arise.Unstable, unsustainable systems can lull observers into a comfy complacency as instability increases beneath a thin veneer of apparent stability.That’s the systemic story of the…