A Deflationary Dystopia: Alarmist Prophecy or Sobering Reality?
If there’s one thing we’ve learned from history, it’s that we haven’t learned anything from history. Especially when it comes to economics. There’s a haunting echo from the past that’s resonating through the marble pillars and...The United States Is Broke
Article originally appeared on The Daily Reckoning (here). Those who focus on the U.S. national debt keep wondering how long this debt levitation act can go on. The U.S. debt-to-GDP ratio is at the highest level in history (106%), with the exception of the...Next Crash Will Be ‘Worse Than The Great Depression’: Experts
Article originally appeared New York Post (here) Ten years ago, it was too-easy credit that brought financial markets to their knees. Today, it could be a global debt of $247 trillion that causes the next crash. After a decade of escalating US household debt brought...
Your Personal Gold Standard
Elites are extremely hostile to the idea that gold should have any role whatsoever in the monetary system. To them, gold is truly a barbarous relic, as John Maynard Keynes was supposed to have said. You might as well propose bringing back the horse and buggy. Except...
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