You rarely hear anyone talking about Social Security. If they do, they think they can tweak a tax rate or two, and poof, problem solved. Sorry, but this is… Global cooling was the big fear in the early 1970s, believe it or not. Experts in climate, ecology, and geology...
Hardly anyone expected that things would get this bad in 2020. Once the pandemic hit and states all over the country started instituting lockdowns, economic activity collapsed dramatically. U.S. GDP was down 31.4 percent during the second quarter of 2020, and that...
The reliance on “good news” narratives dooms our financial system and economy to a death spiral once reality breaks through the induced euphoria. “Markets” that never go down aren’t markets, they’re signaling mechanisms of the Powers That Be. Markets are...
If the world retraces a century of evolution or more, it is clearly in for at least 50 years of very hard times… “Gold has no role in portfolio of wealthy clients” said the chief investment officer of Goldman Sachs’ private wealth management in the week that gold in...
The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed. Though under pressure from climate change, the dinosaurs were still dominant 65 million years ago–until the meteor struck, creating a global...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
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