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Here’s How “Prosperity” Ends: Global Bubbles Are Popping

January 30, 2023

Here’s How “Prosperity” Ends: Global Bubbles Are Popping So here we are: the global credit-asset bubbles are popping, and the illusory “prosperity” generated by the bubbles is about to tumble off a cliff. There are two kinds of prosperity, one fake, one real. Bogus “prosperity” depends on credit-asset bubbles inflating, magically creating “wealth” not from labor, […]

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Wealth Bubble Leaves U.S. Economy in Uncharted Territory

April 24, 2019

Wealth Bubble Leaves U.S. Economy in Uncharted Territory There have been numerous signs that the U.S. is likely to go through another major recession at some point. And regardless of when or if a recession happens, it won’t change the fact that the U.S. economy is already in hot water. At MarketWatch, the “hot water” is explained in […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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