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2020: The Year The System Showed Its Real Face
2020: The Year The System Showed Its Real Face As we grew up, nearly all of us were inundated with stories of our glorious national fathers, our beautiful democracies, and so on. And being young, we for the most part believed them. The system gave us our prosperity, our comfort, our medicine, our sense of […]
The hidden recession of 2020
The hidden recession of 2020 After 20 months of economy-wrecking lockdowns and restrictions, 2019 is fondly remembered as a period of prosperous calm. Memories though, are deceptive. And in the days before we learned what gain-of-function meant, things were not as rosy as they now seem. Although the decade 2009-2019 was officially one of the […]
2020 the “Worst Year Ever”–You’re Joking, Right?
2020 the “Worst Year Ever”–You’re Joking, Right? So party on, because “the worst year ever” is ending and the rebound of financial markets, already the greatest in recorded history, will only become more fabulous. Of the lavish banquet of absurdities laid out in 2020, one of the most delectable is Time magazine’s December 14 cover declaring that […]
2020: The Year Things Started Going Badly Wrong
2020: The Year Things Started Going Badly Wrong How today’s energy problem is different from peak oil Many people believe that the economy will start going badly wrong when we “run out of oil.” The problem we have today is indeed an energy problem, but it is a different energy problem. Let me explain it with an […]
If You Thought 2020 Was Bad, Watch What Happens In 2021
If You Thought 2020 Was Bad, Watch What Happens In 2021 In terms of the economy and the American social situation, 2020 is definitely one of the ugliest years on record, there’s really no way around it. That said, I get the impression that many in the public are operating under the assumption that we […]
If You Feel Like Something Really, Really Bad Is About To Happen, You Are Definitely Not Alone
If You Feel Like Something Really, Really Bad Is About To Happen, You Are Definitely Not Alone If this is “the recovery”, what are things going to look like once economic conditions start to deteriorate again? As you will see below, more than half of all households in some of our largest cities “are facing […]
Stock Market Crash 2020: Welcome To The End Game
Stock Market Crash 2020: Welcome To The End Game If this chart doesn’t make you think the crash is coming soon, then probably nothing will: The Nasdaq is on its final run and is going vertical, a classic end of bubble move. This is trader heaven and turns into speculator hell for those who think […]
2020 Is The Year The Unseen Becomes Seen
2020 Is The Year The Unseen Becomes Seen 2020 is the year of Julian Assange’s extradition trials, the Kafkaesque proceedings by which the US government is attempting to imprison the WikiLeaks founder for the rest of his life as punishment for exposing US war crimes. Assange started an innovative leak publishing outlet on the premise that corrupt […]
Why Every Person In America Needs To Become A Prepper During The Second Half Of 2020
Why Every Person In America Needs To Become A Prepper During The Second Half Of 2020 It has been on my heart to write this article for a few days, but I knew that it wouldn’t be easy to write. 2020 has already been one of the worst years in modern U.S. history, and it looks […]
New Reading of Mayan Calendar Suggests That the End of the World is This Weekend
New Reading of Mayan Calendar Suggests That the End of the World is This Weekend As if 2020 wasn’t bad enough, now we have crackpot scientists spinning doomsday-themed hoaxes, superstitions and tall tales. (TMU) – 2020 has really been one hell of a year. Not only have we seen a global pandemic that’s showing little signs […]
The Crash Of 2020 Is Now Worse Than The Great Depression
The Crash Of 2020 Is Now Worse Than The Great Depression Back in December, someone in China made bat soup (at least according to the officially accepted narrative that doesn’t get you banned on Facebook, Twitter, etc), and the rest is history: in the next three months, the global equity market has lost $24 trillion […]
2020 Crash
2020 Crash Complacency came before the fall. All of 2019 market participants ignored the non existent earnings growth. Too strong was the now pavlovian reflex to chase easy central bank money. Too trusting in central banks to again produce a reflation scenario that would make all the troubles go away. Everything was ignored and markets […]
1937
1937 We’ve talked about the year 2000 comparison (Party like it’s 1999). In 2020 markets went onto a similar structural tear just having rammed relentlessly higher. In 2000 markets famously topped in March following the Fed’s Y2K inspired liquidity injections in 1999 as markets had vastly disconnected from fundamental reality. Now that the truth is out we […]
Will Coronavirus Be the Black Swan that Pops the Bubble of Everything in 2020?
Will Coronavirus Be the Black Swan that Pops the Bubble of Everything in 2020? Will coronavirus be the Black Swan that brings down the global economy in 2020? In my article, “The Things We Believe That are Untrue”, I discussed how governments worldwide have been hiding recessionary numbers from global citizens since 2008. Consequently, with the world […]
2020 Will Be A Crucial Year For Oil
2020 Will Be A Crucial Year For Oil It’s the start of a new year and a new decade, and the oil market is as unpredictable as ever. Will OPEC+ extend its cuts? Will U.S. shale finally grind to a halt? Is this the “year of the electric vehicle”? Here are 10 stories to watch […]