Why Does Credit Suisse Still Exist?
Most of today’s big banks are, at their core, criminal entities. But the Swiss banks — with their cultural history of providing anonymous storage for
Most of today’s big banks are, at their core, criminal entities. But the Swiss banks — with their cultural history of providing anonymous storage for
From MN Gordon at Economic Prism: Do you want to make a fortune? Then open a Lamborghini dealership in the Midwest. That’s what investment biker
From Doug Noland’s Credit Bubble Bulletin: Following 1999’s manic blow-off excess, I thought the Bubble had burst in 2000. I had to reverse course in
US headline inflation exceeded 7% in 2021. But rent increases put the Consumer Price Index to shame, soaring an average of 13.5%. And within that
From Gerald Celente’s Trends Journal: The global economy is in FREEFALL, inflation is surging, and debts/deficits are skyrocketing. Real wages, personal income weighed against inflation,
From Tom Woods’ most recent e-letter: You have probably heard that Justin Trudeau, prime minister of Canada, just invoked something called the Emergencies Act in
Cars used to be the quintessential depreciating asset. Drive a new one off the lot and you were immediately down 40%. Subsequent declines were slower,
In this edition, John Rubino and The Crypto Capitalist, Mark E. Jeftovic welcome Lawrence Lepard from Equity Management Associates. Lawrence’s mantra is “Fix The Money,
Doug Noland: Bubbles don’t work in reverse … David Hunter: The melt-up has started; then comes an 80% crash … Lacy Hunt: Why deflation will
Today’s inflation report was, by any measure, horrific. 7% in a country where 2% was, until recently, the upper end of the government’s target range,
Excerpted from CNBC: Drug overdoses are costing the U.S. economy $1 trillion a year, government report estimates Fatal opioid overdoses are thought to be costing
From Pento Portfolio Strategies: The current Fed Chair is perhaps best known for his quick pivots from hawkish back to dovish and vice versa. Maybe
Michael Oliver: We’re at the beginning of a devastating bear market … Jesse Felder: Fed reversing course will be magic for gold … Stephen McBride:
From J Taylor’s Gold, Energy, and Tech Stocks newsletter: Stocks, commodities, silver, and gold were all up. My Inflation/Deflation Index hit a new high as
Conventional wisdom holds that the U.S. economy is overheating. New workers are virtually unavailable, raw material costs are soaring, and of course financial asset prices
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