Stroll Through BubbleLand
The feds can’t stop spending. And they can’t afford to let interest rates rise. Look for more intervention…more debt, and a dollar that shrinks like cotton candy.
Commentary
Is this ‘Peak Bubble’?
That is the nature of a SuperBubble. You may already be hoist to dizzy heights, but there is nothing that says you can’t go higher.
Whee!
As an empire becomes more costly…less productive…and more top-heavy, growth slows and corruption speeds up. It is as if the rascals see the ship sinking…and loot it before it goes down.
No More Mr. Nice Guy
If the pattern of history holds up, people will go along with almost any public fraud as long as the system appears to be working. But then, when the system runs out of money, more muscle is needed.
The Coming Global Monetary Reset
We stood on the veranda Wednesday night…about 8:30 in the evening. A rectangle of thick, smoked glass…taken from a welder’s screen…was held up to our eyes. Then, turning to the sun, we saw a rare celestial spectacle — an eclipse of the sun.
Wall Street’s Odor of Decay
Every bubble eventually makes eye contact with its pin. The AI craze is facing all the prickly thorns that typically doom an investment mania.
