Cost Reductions Have Hidden Costs
Why does cost reduction weaken supply chains and lead to breakdowns? The answer is that cost reductions have hidden costs.
World Market News - Latest Updates and Global Insights
World markets are so intertwined these days — what happens in one region of the financial markets can affect another halfway around the world.
New markets in the global space are emerging all the time. And the key to growing your wealth is looking outside the box. The world is truly your oyster.
Here’s how the world market is looking at the moment…
The US, Now and Then
Today is a holiday in the US. Americans celebrate what they used to be. And pretend they still are.
Cold Day in Hell, Part II
As forecast, now we have a recession on Main Street as well as a bear market on Wall Street. But what we don’t have yet is any sign of panic from the Fed
Fed Up with These Serial Bubble Blowers
Real-life scenarios involving chaos, unintended consequences, unbridled greed/fear, and unforeseen out-of-left-field reactions are not something they can easily relate to in their perfectly simulated and cloistered world.
A Cold Day in Hell
Of particular interest to us here at the Letter is the coming train wreck…when two especially numbskull federal programs. One is making things — especially energy — more expensive by reducing supplies. The other is making them more expensive by increasing demand (in the form of fake money). What happens when they collide? The Fed […]
It’s All Fun and Games Until Someone Gets Inflation
As far as I can tell, there are no consequences for inflation. Except the Bank of England’s famous statutory requirement to formally explain away high inflation in a formal letter…
