My Comments: As I write this, there is an urgency for Congress to solve the need to continue paying our Federal bills without declaring bankruptcy. We can argue the Federal deficit is a threat going forward. But to assert all of this is caused by the Democrat's unwillingness to cut programs that allegedly help Americans …
Continue reading Republicans are the real party of socialism in America
My Comments: If you cry “wolf” often and long enough, you might actually see a wolf. My chances here in north central Florida are slim to none compared with someone in Alaska, but that ignores the metaphor associated with crying “wolf”. It simply means something bad is likely to happen. I sit and write this …
My Comments: The words below come from a group called Tactical Fund Advisors. I’m not promoting their use but given where the markets have come in the past decade, I think it’s prudent to think life will return to normal, a normal that includes market pull backs. It may not be a roaring crash, but …
Continue reading Nine Reasons to Expect a Market Pullback – And One Not-to-Worry
My Comments: There are those who believe it's different this time. They are mystified some of us suggest the rules that govern economic activity are still valid. What is different is the current pandemic. It has the potential to kill you, especially if you're among the older cohort. Meanwhile we're looking at climate change, more …
Continue reading The Next Global Depression Is Coming and Optimism Won’t Slow It Down
My Comments: Please note this chart appeared four years ago in 2016. I share it here to create a context for us to consider as we struggle with the pandemic and the effect it's going to have on our economy and our way of life. We've become very accustomed to what might be called "the …
Continue reading The most important chart in economic history
My Comments: Two things of note before you get too far into this post. One is that I distrust assertions that "...this time it's really different". Too often it proves to be wrong. This time it may be right. Two is that I'm scaling back my efforts to present a blog post every weekday. I've …
My Comments: In earlier post's you've seen remarks from Scott Minerd, someone whose insights and judgements I've followed for years. As usual, he has some insightful comments about the current economy and how it might evolve going forward. I'll leave it to you to decide if he's right, but it's my firm belief he's not …
My Comments: As per a geo-strategist I used follow until he stopped delivering daily posts, Dr. Thomas P. M. Barnet, the US was poised to continue it's role as the most secure food source on the planet. We've long been aware of populations across the globe with serious hunger issues, sometimes extreme hunger. It might …
My Comments: If you're like us, you enjoy a pleasant evening from time to time at a local restaurant. And if you're like us, that's not happened for the past several weeks, because they're temporarily closed and we're instructed to stay at home. The longer this CV pandemic lasts, the more likely our favorite restaurants …
My Comments: Parallels are being drawn between the economic disaster now unfolding with other financial crises in the past. Some say it'll be over soon and others suggest the effects will last for decades. The writer below talks about this "recession" being a V shape recession. That translates to one where the downstroke is sharply …
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