Home » Posts tagged 'potemkin village'

Tag Archives: potemkin village

Olduvai
Click on image to purchase

Content

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Potemkin Economy: Costs & Consequences

Potemkin Economy: Costs & Consequences A Potemkin economy has lured the Fed, economists, and Wall Street analysts into a potentially dangerous assumption of economic normalcy. However, with a review of how we got here, we can better understand the costs and consequences of monetary interventions. “In 1783, after the Russian annexation of Crimea from the Ottoman Empire and the […]

Continue Reading →

How Durable Is The Potemkin Economy?

How Durable Is The Potemkin Economy? “Increased borrowing must be matched by increased ability to repay. Otherwise, we aren’t expanding the economy – we’re merely puffing it up.” – Henry Alexander of Morgan Guaranty Trust The original Potemkin Village dates to the late 1700s. At that time, Russian Governor Grigory Aleksandrovich Potemkin constructed facades to hide […]

Continue Reading →

Potemkin Nation

Potemkin Nation There are advantages to learning about history. One of the big ones is that patterns repeat themselves across historical time, and if you know what happened just before other societies went through the important inflection points in their life cycle, you can tolerably often figure out when one of those is about to […]

Continue Reading →

Three Massive Bubbles in 17 Years: When Will This One Bust? A 60% Decline Coming?

Three Massive Bubbles in 17 Years: When Will This One Bust? A 60% Decline Coming? John Hussman’s presents a message no one wants to hear because nearly everyone is too busy believing for the third time in 17 years that “It’s different this time”. Last week Hussman wrote about Valuations, Sufficient Statistics, and Breathtaking Risks. This […]

Continue Reading →

Stocks, the Economy and the Money Supply – What to Watch

Stocks, the Economy and the Money Supply – What to Watch  The Stock Market and Economic Data In previous articles we have occasionally discussed the interaction between economic indicators and the stock market. Among the topics we have touched upon: for one thing, the capitalization-weighted indexes can hardly be called “leading indicators” of the economy […]

Continue Reading →

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress