Tag Archives: outlook
We Are Living In A State Of Keynesian “Bliss”
John Maynard Keynes is the grandfather of all modern mainstream economic thought. Richard Nixon was famously attributed as saying, “We are all Keynesians now” whilst slamming shut the gold window and launching the era of global fiat money. (Nixon didn’t …… Read the rest
Infographic: The System of The World
This is The System Of The World.
It lays out in logical frankness how the various layers of the facade we call “democracy” and “free markets” interoperate and together create a grotesque caricature of the ideals they purport to serve and keep us all enslaved.
Join me on a trip through The System.
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Canadian Bail-In: When Canuck Depositors Get Smoked Will The CDIC Be Any Help?
Not long after the Cyrpus”bail-in” happened markets were spooked when Dutch finance minister Jeroen Dijsselbloem (a.k.a Diesel-BOOM or just D-Boom for short) called it “a template” for future rescue actions.
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Global Finance has Devolved into a game of Calvinball
Familiar with “Calvinball” ? The game of choice in a comic strip, whose nonsensical and kafka-esque rules now describe global finance more accurately than any other model.
Forget Rule of Law, forget the sanctity of private property and given …… Read the rest
Confessions of an Economic Witch Doctor
I just read about Jeffries economist Jim Zervos’ note to clients on BI, in which he admonishes the “Austrian economist types” and “perma-bears” for being so gloomy, for likening this current bull market to a “sugar high”. Because in …… Read the rest