All over the developed world, the policies that failed are not being thrown out; they’re being stepped up. Stupid. We recognize that our views sometimes seem contradictory. For example, we see central banks pushing up stocks. But we still advise readers to get out.
When we left you yesterday, we were trying to connect the bloated, cankerous ankles of the US economy to the sugar rush of its post-1971 credit-based money system. Today, we look at the face of our government. It is older… with more worry lines and wrinkles.
Where is that old-and-tattered “Crash Alert” flag?
Many times since the start of the rally in U.S. stocks in 2009, we hoisted it. And many times has it failed to give us a useful signal.
report released last week told us that one out of every three people on Social Security’s disability program is a mental defective. In Washington, DC, the rate of nuttiness among the disabled is even higher – 42%. No surprise there.