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- The conveyor belt may be slowing down — Yikes!
- Battery Energy storage batteries (BESS) too complex to ever be commercial
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- Book review of “Siege: Trump Under fire”
- Why do people vote for Trump?
- Book review of “Pandemic Politics: The Deadly Toll of Partisanship in the Age of COVID”
- The evolution of the Republican party from 1960 to 2024: from moderate democracy to extreme authoritarianism
- Why some people are conservative and others liberal
- Book review: Bring the War Home: The white power movement & paramilitary America
- Book review: How Democracies Die
- Book Review “Conservatives without Conscience” by John Dean
- Book review of “The Power Worshippers. Inside the dangerous rise of religious nationalism”
- Fox news estranges millions of families and instills hate and fear in its cult members
- Book review of “Deer Hunting with Jesus” Best book on why people vote for Trump
Category Archives: Corruption & Finance
How you’re tricked into thinking there is an economic recovery
Ilargi 2011 theautomaticearth A real recovery would require a surge in real productivity, i.e. outside of the service industry. Where and how have we increased production since the crisis started? Obviously, nowhere. The vast majority of “jobs created” is in … Continue reading
Posted in Crash Coming Soon, Debt
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Predictions on how a crash will unfold
You can read Martin Weiss’ prediction here. Keep in mind that although these predictions were made years ago, and it seems as if some of them were wrong, all that’s happened is that the trillions of dollars given to banks … Continue reading
Posted in Crash Coming Soon
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Martin Weiss on how a crash unfolds and how to protect yourself
A massive default on debt servicing and obligations by states and localities will trigger a run on the banks. The credit inflation that has been growing over the last two decades will reverse in a nano-second and leave people who … Continue reading
Posted in Bond Market, Crash Coming Soon, Sovereign Default
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Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt
Just about everyone I know believes in the permanence of the Dollar, the Eternal Supremacy of the United States, and the propaganda to constantly grow their money by taking risks. So they dutifully feed hard-earned wages into the voracious slot … Continue reading
Posted in Crash Coming Soon, Debt, Money, No Reforms, Ponzi Schemes
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Will the government seize your IRA after the next financial crash?
Federal government may seize part of your IRA passportira.com [I don’t think this is likely, but then again, when you look at the influence of money on politics, the corruption across all financial sectors, the largest bubble in human history … Continue reading
Posted in Sovereign Default
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Why the USA can’t inflate its way out of debt.
Mar 11, 2010. Why the U.S. can’t inflate its way out of debt. Financial Times. It’s dawning on people that getting a handle on burgeoning U.S. debt will be a long and hard process. So if lawmakers can’t agree on … Continue reading
Posted in Debt
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Banks still gambling on illegal Collateralized Loan Obligations (CLO)
Banks Cling to Bundles Holding Risk APRIL 19, 2014 GRETCHEN MORGENSON New York Times Some $431 billion worth of C.L.O.s currently exist. The Volcker Rule doesn’t go into effect until 2015, but that hasn’t stopped big bankers and their supporters … Continue reading
Posted in Banking
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Fannie & Freddie started the mortgage crisis
Reckless Endangerment. How outsized ambition, greed, and corruption led to Economic Armageddon 2011 by Gretchen Morgenson and Joshua Rosner This book makes the case that Fannie & Freddie started the mortgage crisis and then Wall Street got in on the … Continue reading
Posted in Mortgages
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Gordon Long Extend & Pretend
Gordon Long has interesting ideas about what’s going on and how to invest accordingly. I don’t agree with all that he writes, but what he has to say sure is interesting and a good overview of the incredibly widespread corruption … Continue reading
Posted in Corruption & Finance, Crash Coming Soon
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We’ve been “Bankalized” Banks rule and always will
Ilargi Nov 8, 2010 I read an article Ashvin Pandurangi, our by now greatly valued roving reporter, sent me, entitled “Plutocracy Now”. Ashvin writes about that first notion I was pondering: the nationalization of US banks, though for him it’s … Continue reading
Posted in Banking
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