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Olduvai III: Catacylsm
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Almost All Countries In Europe Have Border Issues

Almost All Countries In Europe Have Border Issues  For centuries, Europe has fought wars over borders. In the 19th century and the first half of the 20th century, Europe’s borders shifted wildly. As empires fragmented, new nations arose and wars were waged. After 1945 and the beginning of the Cold War, a new principle emerged […]

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Pension Storm Warning

Pension Storm Warning This time is different are the four most dangerous words any economist or money manager can utter. We learn new things and invent new technologies. Players come and go. But in the big picture, this time is usually not fundamentally different, because fallible humans are still in charge. (Ken Rogoff and Carmen […]

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The Next Recession May Be A Complete Reset Of All Asset Valuations

The Next Recession May Be A Complete Reset Of All Asset Valuations Sometime this year, world public and private plus unfunded pensions will surpass $300 trillion. That is not even counting the $100 trillion in US government unfunded liabilities. Oops. These obligations cannot be paid. A time is coming when the market and voters will […]

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Mark Yusko: I’m Telling You Right Now, the US Is Going to Have a Massive Crash

Mark Yusko: I’m Telling You Right Now, the US Is Going to Have a Massive Crash “I’m telling you right now, the US is going to have a crash and it will be massive,” asserted Mark Yusko at Mauldin Economics’ Strategic Investment Conference. In his keynote speech, Mark Yusko, CIO of Morgan Creek Capital Management, […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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