Testosterone and the Madness of Central Bankers

July 7, 2017 0

The stock market is at all-time highs. Argentina, a serial defaulter just sold $2.75 billion worth of debt with a 100-year maturity. Commercial real estate is booming again. All of this irrational exuberance while the […]


Setting The Stage for The Next Collapse

July 22, 2014 0

By: Steve Saville  When the central bank pumps money into the economy and suppresses interest rates it creates incentives to speculate and invest in ways that would not otherwise be viable. At a superficial level the […]