What did we learn from the worst economic crisis since The Great Depression? Absolutely nothing. The lesson has been completely ignored…
Macroeconomics: Global Central Banks News & Highlights
This Chart Should Have You Quaking with Fear
We have no control or influence over what the Fed or any central bank may or may not do. We cannot control the level of incompetence exercised by elected officials. The only thing we have power over are our own thoughts and actions. Knowledge is the key to successfully navigating, what I anticipate, is going to be a very challenging period ahead…
Fighting the Fed
‘Your first loss is your best loss,’ say the old timers. By that they mean that when you see the trend going against you, you should go home as soon as possible.
~ Rosanne Cash
The Pressure is Building
News flash…there is going to be an ‘event’ (like a 1930s style economic upheaval) that will be beyond the ability of central bankers to permanently fix…market forces, in a long drawn out battle, will be the victor (as they have been throughout history). The cycle is turning, but few realise how close we might be to these ‘sunny days of summer’ turning into the ‘bleakest of winters’…now that’s a climate change you really need to be worried about. Read on…
Don’t Be Blind to the Danger Ahead
Seeing the future requires us to open our eyes. As best we can, we have to try to sort out the real from the unreal. Being told you can cure a debt problem with more debt, this is not real…it’s in the realms of fantasyland. Yet, plenty of people have bought (or, more to the point, borrowed) into this carefully orchestrated version of ‘reality’. The higher markets go, the more blinded people are to what’s really happening…
California Dreamin’
The US has been slipping in the international ratings for at least 20 years…and by some measures, for more than 50 years. The US share of world GDP, for example, has been cut in half, from around 40% in 1960 to barely 25% today.
