Via The Burning Platform “Capitalism without financial failure is not capitalism at all, but a kind of socialism for the rich.” –James Grant, Grant’s Interest Rate Observer The Federal Reserve issued their fourth quarter Report on Household […]
By The Burning Platform In Part One of this article I laid the groundwork of the Fourth Turning generational theory. I refuted President Obama’s claim that the shadow of crisis has passed. The shadow grows ever larger […]
by Chris Martenson The new Greek political party, known as Syriza, the Coalition of the Radical Left, has done the unthinkable: they’ve dared to speak the truth. In this case, the truth is perfectly captured […]
The Burning Platform “There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a […]
by John Rubino So the markets are getting skittish and the media is obsessing about the many things that could go wrong out there. It’s like 2007 all over again, but with one big difference: Back […]
by John Rubino Of all the problems with fiat currency, the most basic is that it empowers the dark side of human nature. We’re potentially good but infinitely corruptible, and giving an unlimited monetary printing press […]
But bungling badly as it does by Chris Martenson There’s something we ‘regular’ citizens wrestle with that the elites never seem to: a sense of moral duty. For example, following the collapse of the housing bubble, […]
DPC Launch of the Western Star, Wyandotte, Michigan Oct 3 1903 Would you like to know how bankrupt our societies are? Financially AND morally? Before you say yes, please do acknowledge that you too ar eparty to […]
by John Rubino As incomes stagnate and prices rise, a growing number of Americans face a tough choice: either descend a couple of rungs on the lifestyle ladder or borrow to keep it together. Many […]
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