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Olduvai III: Catacylsm
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Today’s Negative Rates Are the Path to Poverty

Today’s Negative Rates Are the Path to Poverty Almost Daily Grant’s (ADG) made the pronouncement on December 14th that a “new benchmark in financial repression” had been set: ”a record $18.4 trillion in global debt is priced to yield less than zero, up from less than $8 trillion in March and a five-year average of $10.3 trillion.” […]

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Did Baby Boomers Ruin America?

Did Baby Boomers Ruin America? Referring to someone as a sociopath is strong language. After all, just between 3 and 5 percent of Americans are really sociopaths , people who initially seem charming, but, due to bad neurological wiring, lack a conscience and are unable to feel remorse. They are exceptional liars and cheats, and […]

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The Looming Mortgage Liquidity Crisis

THE LOOMING MORTGAGE LIQUIDITY CRISIS Every 10 years or so there is a banking crisis. We are due. However, the furthest thing from most people’s minds with the Trump boom is a banking/financial crisis, except for a few folks at the Brookings Institution, who just released a paper entitled “Liquidity Crisis in the Mortgage Market.” You […]

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Shooting War in North Korea? History says Yes.

Shooting War in North Korea? History says Yes. Washington insider Jim Rickards says a shooting war with North Korea is inevitable within the next six months. “Nobody wants the war. Nobody is rooting for the war, but it’s coming.” Rickards believes Kim Jong Un will launch another missile any day.  The following explains why. “In […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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