Bubbles End; Eventually the Can Explodes

No matter what politicians promise, bubbles end at some point. Kick the can… kick the can… kick the can… It’s a game Western politicians and Central Bankers play with incredible skill. Unfortunately, economic reality can be delayed, but not completely denied. The “can” will one day go off a cliff—or slam into a wall—and the day of reckoning will be upon us. History shows those days often come in an instant—when no one expects. Recently, Phoenix Capital Research wrote about Read more […]

“Social Justice” Is Often a Rationalization for Injustice

The contemporary definition of “social justice” is that a self-selected elite chooses who gets robbed and who gets crumbs. Oh, and the self-selected elite always end up well-paid, like that destitute woman, Hillary Clinton. From Gary North, “A Dialogue on Social Justice.” What Is social justice? Economist Walter Williams has an answer. “I keep what I earn, and you keep what you earn. If you believe that you deserve some of what I earn, please explain why.” Dr. Williams is skeptical about Read more […]

Is the Bubble about to Burst?

Do you own any stocks or mutual funds? If so, you really should read and ponder this article. From the Sovereign Man blog: Lord Overstone said it best. “No warning can save people determined to grow suddenly rich.” Case in point– CYNK Technology Corp, a listed company that as of this morning has a market capitalization in excess of $1 BILLION. According to official filings, the social media development company had one employee, no website, no revenue, no product, and no assets. What Read more […]

Central Banks Have Real Power and They Use It

I hesitate to write much here, because it can’t add to what is written. This story at Zero Hedge makes it clearer than ever before: Central banking based on fractional-reserve, fiat-money is a grave danger to freedom. “In Explosive Scandal, Head Of Polish Central Bank Recorded Promising Assistance To Government If Minister Fired” Remember when conventional wisdom said central banks are apolitical and impartial, and anyone who claimed that the world’s money printers (which in the New Normal Read more […]

Setting Up The Collapse As Nation States “Binge” On Debt

Here’s the headline from Bloomberg: “Global Debt Exceeds $100 Trillion as Governments Binge, BIS Says.” Ladies and Gentlemen… this will not end well. A worldwide economic crisis is coming, and you can bet everything the elites will use that crisis to advocate for more power to be given to themselves. Don’t fall for it! The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies Read more […]