Parallel Universe: US S&P 500 versus US economic surprise index (hat tip Bloomberg's Tracy Alloway)
Stagflation Part 8: Manufacturing Resilience — The PSEi 30 Under Stagflationary Pressure, BSP Accommodation, and the Financialization of Fragility
Modern systems do not fail when they become fragile. They become fragile because they have already failed—structurally and long before tha...
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Massive money printing and debt accumulation have gone on for something like 80 years, and the system has held together. Why should it end... -
GDP is the most common out-of-context stat used by governments to convince the citizenry that all is well. It is yet another stat that is... -
Governments resist austerity. Politicians buy votes with spending. But because they do not control their domestic currency systems in Euro...