‘If the Americans wake up one day and realize that their economy is No 2 and China’s economy is No 1, that is not going to change the lives of Americans. They’re going to wake up in the morning and have their cup of coffee and everything will be the same… . So why have […]
No Index
Buckle Up, Butter Cup
‘I believe there will be an important announcement in the next couple of weeks.’ ‘Announcement of what?’ ‘The new BRICS currency. It’s just a matter of time until they get it together. It’s going to compete with the dollar. And they’re going to have to give it credibility… probably by linking it to gold.’ Our […]
Taking the L
As if awakening from a long, pleasing dream…and rubbing the sleep from their eyes…at last, America’s mainstream newshounds are beginning to notice that debt is not such a good thing. The Fed keeps its key lending rates too low for too long. They say it is to boost the economy. Instead, it has the opposite […]
Golden Flack Jacket
We drove up to Lake Champlain yesterday for a wedding. The leaves have begun to change, but it is still early in the season; they’ll be in their full glory in a month or so. On the last two election years, we noticed that when we got beyond commuting range of major East Coast cities, […]
Tend Your Garden
Our doctor, Mark, draws an interesting parallel. ‘You know, it’s the same thing with your health and longevity. The secret is to avoid the Big Loss.’ There are many things we don’t know…and many ways to die. And finally, in life, we all will take the Big Loss, no matter what we do. We were […]
Inflation Forever
War. Inflation. Bubbles and boondoggles. All require a little madness…suspending good taste and sound judgement…delaying the reckoning…going along with the flow — to Hell. The Mirror: ‘Iran’s missile attack on Israel is ‘first step toward WW3’ as just one factor is preventing all-out war ‘Iran launched over 180 ballistic missiles toward targets in Tel Aviv and Jerusalem […]
