The crisis outline

| March 2, 2010

Can the global financial network crash twice in three years? We don’t forecast a second crash, but you have to notice the crooks are still in power, and debt issuance has reached the point of concern. Bond markets aren’t going to allow cheap debt service any longer. The weaker economies are experiencing outmigration and capital […]

Economic snapshot

| January 4, 2010

The world economy is still operating under the master paradigm we outlined in our October post, How to interpret trends. The global economists and speculators on TV talk happy talk about how the Depression scenario was avoided by massive infusion of central bank stimulus, and they are predicting that the world economy is on the […]