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Olduvai III: Catacylsm
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Japan Goes Full Krugman: Plans Un-Depositable, Non-Cash “Gift-Certificate” Money Drop To Young People

Japan Goes Full Krugman: Plans Un-Depositable, Non-Cash “Gift-Certificate” Money Drop To Young People The Swiss, the Finns, and the Ontarians may get their ‘Universal Basic Income’ but the Japanese are about to turn the Spinal Tap amplifier of extreme monetary experimentation to 11. Sankei reports, with no sourcing, that the Japanese government plans to unleash “vouchers” or “gift […]

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Why Dip Buyers Will Get Clobbered: The US Economy Isn’t Doing “Just Fine”

Why Dip Buyers Will Get Clobbered: The US Economy Isn’t Doing “Just Fine” As of June 2008 no Wall Street banking house was predicting a recession, yet by then the Great Recession—–the worst economic downturn since the 1930s—– was already six months old, as per the NBER’s subsequent official reckoning. Actually, it was already several years old if you concede that […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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