Posts Tagged ‘Bubble’

  • Trump and the Fed Race to Pop the Financial Bubble First

    28.03.2018 • United StatesComments Off on Trump and the Fed Race to Pop the Financial Bubble First

    The Fed let the world know that there would be three rate hikes this year. Neither the stock market nor the bond market can survive significantly higher rates. Meanwhile, Congress passed the most irresponsible budget of modern times… with plenty of

  • Sound the Alarm! A Volatility Spike Isn’t Just Coming… It’s Here

    21.02.2018 • United StatesComments Off on Sound the Alarm! A Volatility Spike Isn’t Just Coming… It’s Here

    In the panic after the 2008 financial crisis, Congress created the Office of Financial Research (OFR) - a group that would sound an alarm if the financial system were ever in danger. Now, 10 years later, stocks are three times as expensive. Debt is far

  • Yellen Admits She Doesn’t Understand Inflation

    14.12.2017 • FranceComments Off on Yellen Admits She Doesn’t Understand Inflation

    "Our understanding of the forces driving inflation is imperfect," admitted Yellen. My eye becomes wet with tenderness. Brave Janet has finally confessed that she knows nothing ... It is time for her to retire and be replaced by another pretentious economist

  • The Bubble That the Mainstream Chooses to Ignore

    13.12.2017 • FranceComments Off on The Bubble That the Mainstream Chooses to Ignore

    "It's official: Bitcoin surpasses the bubble of the tulip, it's now the biggest bubble in history," says the article on Zerohedge this morning. Observers screaming at the bitcoin bubble forget to denounce the most monstrous financial bubble of all time: bonds

  • You Can’t Create Wealth – It Falls From Heaven

    04.10.2017 • FranceComments Off on You Can’t Create Wealth – It Falls From Heaven

    We live in a system that has nothing to do with capitalism. Capitalism reinvests honestly-earned profits in competitive markets to make productivity gains, that is, more and better with less effort. And the more productive you choose to be, the better off you

  • The 2008 Crisis Was Just a Preview of This Year’s Collapse

    19.07.2017 • FranceComments Off on The 2008 Crisis Was Just a Preview of This Year’s Collapse

    Bubbles are usually localized, like the internet, housing, or railway bubbles of past. We are now, however, in an "everything bubble", which will cause unbelievable damage...and potentially destroy our monetary system.

  • The Quickly Burning Fuse of the Growing EU Debt Bomb

    06.07.2017 • SwitzerlandComments Off on The Quickly Burning Fuse of the Growing EU Debt Bomb

    The value of Eurozone bonds has exploded since the ECB totaled more than €2 trillion in purchases, but we have not observed any resultant economic recovery. On the contrary, they've only created a mountain of debt to be repaid...

  • Janet Yellen Just Signed Her Own Suicide Note

    28.06.2017 • FranceComments Off on Janet Yellen Just Signed Her Own Suicide Note

    Does the sentence, "ensure that our stimulus accompanies the recovery amid the lingering uncertainties", make sense to you? Rest assured, it's perfectly normal to say no. Central banks just avoid speaking clearly.

  • The Camouflaged Hole in the NASDAQ

    12.06.2017 • FranceComments Off on The Camouflaged Hole in the NASDAQ

    If the bitcoin - an electronic currency that escapes the central bankers - is an indicator of distrust of the monetary system, then its rise is not a good sign.

  • Reserve Bank of Australia Votes to Leave Interest Rates Alone

    06.04.2017 • AustraliaComments Off on Reserve Bank of Australia Votes to Leave Interest Rates Alone

    The RBA cannot defuse this debt bomb… it’s already packed with $3.4 trillion of private sector TNT. The best they can do is to stop more debt explosives being added. The only way this can happen is to significantly increase the cost of debt — a shock

  • How Gullible Are We?

    20.03.2017 • The EconomyComments Off on How Gullible Are We?

    We think we're smarter, but our actions prove otherwise. History tells us emphatically that debt crises end badly. And yet, here we are, sitting atop the greatest debt pile in history — US$60 trillion more than we had in 2008 — and such is our misplaced

  • Deluded Bankers Play Down Threat of Australian Housing Bubble

    09.03.2017 • InvestingComments Off on Deluded Bankers Play Down Threat of Australian Housing Bubble

    By Kris Sayce – Port Phillip Insider (Australia) – We guess the inference here is that because all these supposedly non-socialists advocated a dumb policy idea, it must be a perfectly sane idea for a socialist government to implement. Of course,

  • David Stockman Explains Why the Bond Bubble Will Burst

    09.02.2017 • The Economy

    As President Reagan’s budget director in the early 1980s, Stockman was the chief architect of the “Reagan Revolution.” Four years later, he quit the Reagan administration and wrote the New York Times best-seller “The Triumph of Politics: Why the

  • Studying the Life and Times of Dr. Alan Greenspan

    10.01.2017 • The Economy

    To help us understand how we got to this convoluted age of big bubbles and fake money, we’re going back over the story of the man who guided us here.

  • Why You Should Wait for the Bubble to Burst

    21.12.2016 • The Economy

    When will that happen? Today? Tomorrow? Five years from now? The typical bull market lasts 52 months. This one is 94 months old. In other words, a bear market is already nearly four years overdue.

  • Fed Interest Rate Hike is a Recipe for Disaster

    19.12.2016 • The Economy

    We’re on track to bake the same big, fat, ugly bubble cake that was shoved down investors’ throats in 2008. Only this time the cake is bigger, fatter and uglier than it was then.

  • What Awaits the Chronically Ill 60-Year-Old Debt Junkie?

    30.11.2016 • The Economy

    The much-loved Aussie property market — the one we are told repeatedly is NOT in a bubble — had some negative press this week.

  • New Study Shows that Family Harmony in Decline Among the Wealthy

    28.11.2016 • The Economy

    By Vern Gowdie – Gowdie Family Wealth (Australia) – ‘When you take things for granted, the things you are granted get taken.’ This clever and very perceptive play on words partly explains why generational wealth is so difficult to achieve.

  • How This Asset is Making Millennials Poorer

    30.09.2016 • The Economy

    From Merryn’s Blog (Great Britain) – The inter-generational wealth gap is all about house prices A report from the Institute for Fiscal Studies (IFS) today announced that those born in the early 1980s have half as much wealth today as those born

  • Even the Mainstream Media Can’t Ignore This Problem

    27.09.2016 • The Economy

    From Capital & Conflict (Great Britain)  – Repeat after me: There is no recovery in corporate earnings. There is only an explosion in debt, driven by central bank policies that have produced no growth and wasted time. Time is the most precious

  • Indian Real Estate Needs to Crash

    13.09.2016 • Emerging Markets

    From Vivek Kaul’s Diary (India) – Nostalgia is a funny thing. It makes you remember the good things you had and the good things you lost along the way (with due apologies to Bob Marley!). The finance minister Arun Jaitley recently said:

  • The Birth of Creditism

    09.09.2016 • The Economy

    From Bill Bonner’s Diary (United States) – OUZILLY, France – We’re going back to basics here at the Diary. We’re getting everyone on the same page… learning together… connecting the dots… trying to figure out what is going on. We made

  • Neither Bonds nor Stocks Offer Investors Real Value

    09.09.2016 • Investing

    From the Strategy of Simone Wapler (France) – Most professional investors deny any sort of “bubble” in the equity market. Prices, they say, are rational and justified. They’ve forgotten the basic lesson taught by Robert Shiller. To other

  • Record Property Prices in Australia and New Zealand

    06.09.2016 • The Economy

    From Port Phillip Insider (AUS) – House prices. As we’ve noted before, we’ve long given up on the (feeble) attempt to predict a house price collapse. From 2008 to 2010, we thought the Aussie market was primed for a huge fall. How wrong we were. We