by John W. Whitehead “When the President does it, that means that it is not illegal.”—Richard Nixon Presidents don’t give up power. Executive orders don’t expire at the end of each presidential term. And every […]
BY BRIAN MAHER If necessity is the mother of invention, the crisis of 2008 mothered an invention for the ages. QE, ZIRP, NIRP and half the alphabet were drafted into the Manhattan Project of monetary […]
Earnings season is off to a rough start. Earnings season is when companies tell the world if profits grew or shrank during the previous quarter. A good earnings season can lift stocks. A bad one […]
Charles Hugh Smith Since the stock, bond and real estate markets are all correlated, it’s a question with no easy answer. Everyone who’s not paid to be in denial knows stocks, bonds and real estate […]
Every day the world moves closer to a nuclear winter. The finger on the trigger presses upon the button and only a slight movement will launch unthinkable destruction. The point that it is so unthinkable […]
Charles Hugh Smith The only way to govern successfully is to actually solve the underlying systemic problems, but doing that requires overthrowing a corrupt, self-serving elite. Regardless of who wins the presidency, a much larger […]
The fate of the world rests on whether Germany will break away from the Western Central Bankers tyrannical grip and pivot to the East. No wonder our dear leaders are in a scorch earth policy […]
One of the most widely accepted propositions among political economists is the following: Every monopoly is bad from the viewpoint of consumers. Monopoly is understood in its classical sense to be an exclusive privilege granted […]
Central bank market intervention doesn’t extinguish risk–it simply transfers it to the system itself. The unspoken claim of central bank policy is that risk can be extinguished by intervention/manipulation: once the Fed has your back, […]
Charles Hugh Smith This article was written by Charles Hugh Smith and originally published at hisOf Two Minds blog. Editor’s Comment: In the rise and fall of civilizations, the United States is falling hard right […]
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