Our Approaching Winter of Discontent

Our Approaching Winter of Discontent

The tragedy is so few act when the collapse is predictably inevitable, but not yet manifesting in daily life.

That chill you feel in the financial weather presages an unprecedented--and for most people, unexpectedly severe--winter of discontent. Rather than sugarcoat what's coming, let's speak plainly for a change: none of the promises that have been made to you will be kept.

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The Fascinating Psychology of Blowoff Tops

The Fascinating Psychology of Blowoff Tops

Central banks have guaranteed a bubble collapse is the only possible output of the system they've created.

The psychology of blowoff tops in asset bubbles is fascinating: let's start with the first requirement of a move qualifying as a blowoff top, which is the vast majority of participants deny the move is a blowoff top.

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Bond markets and dollar strength screaming for a savior to usher in a currency reset

It is a fascinating thing where the propaganda media has achieved a two-fold deception on the American people over the course of the past 15 years.  The first deception involved the spinning of political beliefs and their being able to program whatever they desired in framing who were the good guys, and who were the bad in the annals of Washington.  And that was accomplished very well in 2008 and 2016 when they facilitated a black man with no experience or job record at all to move into the White House.

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On Nov. 8 many Americans will have a chance to vote on a new economic stimulus package

After eight years of extraordinary monetary programs implemented by central banks such as the Fed, and crony stimulus packages created by Congress and the White House, there has actually been little to show in the general economy during this period except for declines in GDP and a new 'part-time' job market paradigm.

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One and done: Fed capitulates in June FOMC meeting

On June 15, the monetary body known for saying nothing, but revealing everything capitulated as Fed Chairman Janet Yellen virtually guaranteed that the momentous rate hike program the central bank laid out for the economy last October is over now, shortly after it begun.

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