The Emerging Alt-Economy: “Buy Nothing”
Most of us own too much unnecessary stuff and have borrowed waaayyy too much money to buy said stuff. Meanwhile, all that debt is boosting
Most of us own too much unnecessary stuff and have borrowed waaayyy too much money to buy said stuff. Meanwhile, all that debt is boosting
John Hussman: This is the biggest speculative bubble in modern history … Glenn Greenwald: Steele Dossier collapses to media silence … Michael Pento: The Fed’s
So you’re driving to work, obsessing about how much it just cost to fill the tank of your SUV and how much it sucks to
Since we’re in the “everything bubble,” it kind of follows that real estate — one of the things about which people with more money than
From Pento Portfolio Strategies: Stagflation is undermining the U.S. economy, and that poses a huge problem for Mr. Powell and his merry band of money
Peter Bookvar: Inflation expectations are going vertical … John Doody: Silver is gold on steroids. When gold gets going, silver gets roaring … Lawrence Lepard:
The Wall Street Journal just published a long, amazing look at what might be the tightest labor market in living memory. Here’s an excerpt: Help
Australia has been in the news lately over its aggressive response to the pandemic. But the bigger Down Under story might end up being interest
Amir Adnani: This scenario is bullish for both the yellow metals … Mike Larson: Gold and silver to eclipse record highs in 6 months, this
After decades of stagnation, wages are finally rising. McDonald’s, believe it or not, has made the whole $15 minimum wage movement obsolete by starting its
Years (and years) ago, I was an unskilled 17- year-old who needed a job. So I drove out to a “foundry” (a factory that makes
G. Edward Griffin: We’re on the brink of totalitarianism; get out of banks and into physical … Peter Boockvar: Gold will double as the Fed
Solar panels are basically microprocessors, so it’s not a surprise that they’ve been following their own version of Moore’s Law, declining in price by 5%-10%
Gerald Celente: I just bought more gold … Kyle Bass: This is how you get stagflation … E.B. Tucker: Not thinking like the wealthy will
Here in the US, prices are rising, packages are shrinking and shelves are emptying. This is annoying, but it’s not (yet) the stuff of revolutions.
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