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Olduvai III: Catacylsm
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Instability

Instability In every century the same thing happens at one point or another. Society loses the plot and gets caught up in a mania, a grandiose exercise in self delusion. It can be political, it can be religious, and yes it can be economic. Sometimes these manias are confined to regions or small groups of […]

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SILVER IS THE BETTER INVESTMENT: Massive Financial Bubbles Everywhere

SILVER IS THE BETTER INVESTMENT: Massive Financial Bubbles Everywhere The market will finally realize that silver is a better investment when the world’s financial bubbles start popping everywhere.  This will cause the silver price to reach levels that will make the past $50 record seem relatively insignificant.  It’s not a matter of if, it’s only […]

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Did Covid-19 Just Pop All the Global Financial Bubbles

Did Covid-19 Just Pop All the Global Financial Bubbles? Once confidence and certainty are lost, the willingness to expand debt and leverage collapses. Even though the first-order effects of the Covid-19 pandemic are still impossible to predict, it’s already possible to ask: did the pandemic pop all the global financial bubbles? The reason we can ask […]

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Why Warning About A Bubble For A Decade Is Completely Rational

Why Warning About A Bubble For A Decade Is Completely Rational In my experience as someone who warns about the development of dangerous economic bubbles (both the mid-2000s U.S. housing bubble and the post-2009 “Everything Bubble“), I have been criticized literally thousands of times as the stock market surges year after year and the economy […]

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The Apex Predator That Will Take Down Wall Street (And K Street)

The Apex Predator That Will Take Down Wall Street (And K Street) Grant Williams grabbed our vote for the top Alt-Finance presentation of 2017 for A World of Pure Imagination , which highlighted global stock, bond and real estate bubbles that are now showing signs of imploding. The co-founder of RealVision TV excelled again during […]

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Global Crisis Events: The Weird Keeps Getting Weirder

Global Crisis Events: The Weird Keeps Getting Weirder While the mainstream media and general public tend to assume that every new day is bringing us closer to a better future, many alternative analysts focus on the underlying weirdness of our world and all of the crisis factors that average people don’t want to think about. […]

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Deutsche Asks A Stunning Question: “Is This The Beginning Of The End Of Fiat Money?”

Deutsche Asks A Stunning Question: “Is This The Beginning Of The End Of Fiat Money?” One month ago, Deutsche Bank’s unorthodox credit analyst, Jim Reid published a phenomenal report, one which just a few years ago would have been anathema, as it dealt with two formerly taboo topics: is a financial crisis coming (yes), and […]

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Where Deflation Comes From

Where Deflation Comes From Financial bubbles blown on the back of massive amounts of debt, of necessity lead to debt deflation (it’s just entropy, really). Fighting this is futile, and grossly costly to boot. The only sensible thing to do is to guide the process as best you can and try to minimize the damage, […]

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The Trouble With Financial Bubbles

The Trouble With Financial Bubbles Very soon after the magnitude of the 2008 financial crisis became clear, a lively debate began about whether central banks and regulators could – and should – have done more to head it off. The traditional view, notably shared by former US Federal Reserve Chairman Alan Greenspan, is that any […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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