Charts For A Crazy World: Did Investors Just Realize Their Problems Are Unfixable?

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BY JOHN RUBINO Short-term interest rates are now as negative as they were in the inflationary 1970s. But that’s where the similarity ends. As the above chart shows, 1970s indebtedness was relatively modest as a percentage of GDP, which gave that financial system the resiliency to withstand the double-digit interest rates necessary to throttle inflation and … Read more

Mohamed El-Erian – Stagflation is the biggest worry… Yellen is quite concerned… DOW -900 latest updates…

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Too Much Money Chasing Too Few Goods and Services Inflation can be considered a tax, an especially regressive one, falling harder on those with lower income and/or assets. Yellen is quite concerned about hotter inflation and housing market The U.S. Treasury Secretary Yellen is now also concerned about hotter inflation and the housing market. On … Read more

Trump Is ‘Mad As Hell’ — Goes All In

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Former President Donald Trump is poised to go “all in” to help Republicans recapture the House and Senate during the 2022 midterms and the White House again in 2024, according to Sen. Lindsey Graham, R-S.C. Graham, who told Fox News host Judge Jeanine Pirro Saturday evening that he just finished two days’ worth of playing … Read more

Knowledge Vs. Experience: Why Most Investors Wind Up Losing

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by Lance Roberts Knowledge vs. experience. When it comes to investing, such is what separates long-term success from failure. Amid a “market mania,” retail investors believe they have “knowledge” as every investment they make seems to be successful. As the bubble inflates, continued success breeds over-confidence to the point where it is widely believed “this time is different.” I previously discussed … Read more

Trump & Tax Evasion

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by Martin Armstrong The latest is that Trump could be criminally charged for tax evasion by paying for some benefit to an employee rather than salary. The Internal Revenue Service (IRS) was looking at taxing frequent flyer bonus points as income to an employee when the company pays for the flight, but the employee uses the bonus point … Read more

The Government Is Culpable for America’s Retirement Crisis

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by: Stefan Gleason America faces a retirement crisis. The chairman of the world’s largest asset management firm is sounding the alarm. BlackRock CEO Larry Fink told CNBC last week that he sees a “silent crisis of retirement.” Fink cited ultra-low interest rates, combining with elevated inflation rates, as steadily diminishing the real value of retirement savings. “People … Read more

THE COLORADO RESISTANCE: Jefferson County Sheriff won’t enforce Foothills concealed carry ban; says civil offense the district’s responsibility.

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via completecolorado: Jefferson County Sheriff Jeff Shrader has sent a letter to the Foothills Parks and Recreation District (FPRD) clarifying any role his office would play in a possible future regulation to ban the concealed carry of a firearm by lawfully-permitted citizens on district-managed property. “I have substantial concern in taking action against an individual who … Read more

South Africa – The First Country Built on “Critical Race Theory” – Officially Implodes

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“South Africa is disintegrating… For decades, the South African economy has been shaped by a policy known as Broad Based Black Economic Employment…Companies receive a BBBEE scorecard based on hiring black workers, elevating black management, and giving black South Africans a share of ownership. Companies with high BBBEE scores are given favorable tax treatment and … Read more

More than 20 US diplomats in Vienna have injuries from ‘attack by microwave or radio wave weapons’

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There are more than 20 new cases of the ‘Havana Syndrome’ reported by American diplomats in Vienna, Austria The ‘Havana Syndrome’ is a mysterious illness that got its name after diplomats in Havana developed the same symptoms in 2016 and 2017 While there’s no definitive cause, the symptoms are same:  headaches, dizziness and symptoms consistent with concussions  Some … Read more