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Olduvai III: Catacylsm
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Mind Blowing

Mind Blowing We’re in one of the longest economic expansion cycles in history and nobody’s happy. It’s mind blowing. You’d think 2018 would have people dancing in the streets. 3.7% unemployment, record stock market prices. Well the ladder until recently that is. So let me rephrase: What happens if you have record buybacks, record dividends, […]

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Stock markets look ever more like Ponzi schemes

Stock markets look ever more like Ponzi schemes The FT has reported this morning that: Debt at UK listed companies has soared to hit a record high of £390bn as companies have scrambled to maintain dividend payouts in response to shareholder demand despite weak profitability. They added: UK plc’s net debt has surpassed pre-crisis levels […]

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Our “Storm Warning” for the Year Ahead …

Our “Storm Warning” for the Year Ahead …  Our “Storm Warning” for the Year Ahead … Ils viennent jusque dans vos bras / They’re coming right into your arms Égorger vos fils, vos compagnes! / To cut the throats of your sons, your women! Aux armes, citoyens / To arms, citizens Formez vos bataillons / […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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