The Unsinkable Titanic Analogy
by SP Charles has an awesome essay about the difficulty of “getting it” when your (Titanic) boat has taken a fatal hit, but things still look kind of normal at … Read more
analogy
No Recession Ever Again? The Yellowstone Analogy
by Charles Hugh-Smith Just as forestry management’s policy of suppressing forest fires insured uncontrollable conflagrations, so central banks’ attempts to eliminate recessions insure a financial conflagration that will burn down … Read more
