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Never Mind Volatility: Systemic Risk Is Rising

Never Mind Volatility: Systemic Risk Is Rising So who’s holding the hot potato of systemic risk now? Everyone. One of the greatest con jobs of the past 9 years is the status quo’s equivalence of risk and volatility: risk = volatility: so if volatility is low, then risk is low. Wrong: volatility once reflected specific […]

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Gold Price Will Explode When System Breaks – Gordon Long

Gold Price Will Explode When System Breaks – Gordon Long Private investor Gordon Long contends the price of gold will shock the world when it revalues to reflect the massive amount of currency that has been printed globally. Long explains, “That is correct, and it won’t be something that is gradual, it will be very […]

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Top-Down “Solutions” = Institutionalized Serfdom, Bottom-Up Solutions = Reviving Opportunity

Top-Down “Solutions” = Institutionalized Serfdom, Bottom-Up Solutions = Reviving Opportunity If the “solution” doesn’t enable the accumulation of capital in all its forms by individuals and households, it isn’t a real solution–it’s just another top-down scheme that institutionalizes subsistence serfdom. Phrases like reviving the American Dream emit the lingering stench of empty political rhetoric mouthed by bought-and-paid-for […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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