An Uncensored View of Finance, the Economy, the Incompetence of Bureaucrats, and the Stupidity of Politicians.
As Xi Jinping drags China back to the good old days of pure communism, the construction industry in particular is about to implode and send iron ore prices tumbling.
Iron ore prices are collapsing — along with China’s apartment buildings. Here’s how to profit. Read More
Xi Jinping and the Chinese Communist Party decided to ban crypto mining from China and send these guys overseas. Here’s how to double your money with call options in six months.
Crypto moving out of China is going to put a base price on global electricity. Here’s how to profit. Read More
Brazil’s currency has always been “undervalued” and so has Brazil. It’s generally seen as the country with the most economic potential, and always will have.
The place is a basket case economy.
Why is Brazil’s currency so bad? Read More
Have wages kept up with inflation? Yes and no. Wages have kept up with official CPI, and even exceeded it in recent years. But then again, official CPI doesn’t really …
Why Americans are getting poorer Read More
There’s talk (i.e. by the Fed, BLS, and mainstream media) that there’s no inflation. Inflation is the rise in prices. In a time as chaotic as this, 8% may not …
How is this not inflation? Read More
Deflation is usually defined as either a contraction in the money supply or a fall in prices. They usually go hand in hand. But lots of senior bankers tend to lose their jobs
Is deflation that bad? Here’s some recent history Read More
Since the start of COVID, and even dating back to 2009, the Federal reserve has embarked on a record setting vomit of quantitative easing — simply printing money. https://fred.stlouisfed.org/graph/graph-landing.php?g=xBBr&width=670&height=475 In …
The genius of using QE to increase tax revenues Read More
According to the World Economic Forum, the world needs another $100 trillion debt over the next ten years. Oops… did I say debt. I meant credit. The real message …
The next 100 trillion dollar economic disaster Read More
Markets celebrated throughout the world last week when the European Central Bank decided to follow the lead of the US and the UK by printing money by the bucketload. …
Seven reasons why the euro is headed to parity with the US dollar Read More
The Daily Bear (aka The Ostrich Head) has, through perusing thousands of audit reports, selected the most hideously corrupted company in the world. Here are a few extracts of the 26 page report
The most corrupt company in history Read More