Deeper, Steeper, and Creepier…
For at least two generations, the Soc. Sec. system seemed to work. The population expanded, so there were more and more people paying in…GDP growth was solid…and tech advances spurred productivity
Is Time on Your Side?
Is Time on Your Side?
Measured in gold, the dollar has lost 99.111% of its value since 1971. We got the full value of the dollar 54 years ago. Our children get only a chemical trace of it.
An Almost Miraculous Way
An Almost Miraculous Way
Our local padre came over to bless the new chapel. The wind blew cold and hard across the yard. The local people gathered outside, bundled up in winter coats and caps, to celebrate its sanctification.
The Drought Tried to Stop it
The Drought Tried to Stop it
This year’s grape harvest finished up here in Gualfin a few weeks ago.
The Dirty Work of History
The Dirty Work of History
Could these things be corrected? Could the slippage be stopped? Yes, theoretically. But in practice, History has her own story to tell.
No Hiding from the Boom/Bust Cycle
No Hiding from the Boom/Bust Cycle
There are the producers and the consumers. Everything else in economics is detail, elaboration, politics, and fakery (DEPF). As time goes by, DEPF tends to increase…at the expense of real activity.
Funny Money Express
Funny Money Express
Massie stops precisely nothing. He votes ‘no,’ but he is like a hollow gong…out of tune with the new Trumpians. And the Funny Money Express just keeps picking up speed.
Far from the Wall Street Crowd
Far from the Wall Street Crowd
It is always a mistake to base investments on macro guesses. Even if you’re right about the trends, they often don’t have the results you expect.
Mennonite Country
Mennonite Country
We’ve put money into amateurish farming ventures in the US, France, Argentina and Bolivia…and generally lost money. Now, we’re getting serious…in Paraguay.
Primary Trends
Primary Trends
The value of US capital is in decline. Dear Readers are cautioned to stay in Maximum Safety mode a bit longer. There is at least a fair chance of a major sell-off in the stock market, coming soon.
