Friday, July 26, 2024
The Downside of Complacency: Illiquidity Evaporates Stocks and Real Estate
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Confidence / complacency doesn't map the real world, in which liquidity dries up and markets go bidless. When Alan Greenspan issue...
Wednesday, July 24, 2024
How Those Using "Useful Idiots" Become "Useful Idiots"
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And that's how totalitarian movements come to power: the citizens give up on the Establishment factions, as they've failed to solve...
Monday, July 22, 2024
Two Tidbits of Timeless Political Wisdom from Machiavelli
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"Generosity" funded by debt or currency devaluation is the opposite of generosity: it is the ultimate taking. Now that the ai...
Friday, July 19, 2024
Twisters on the Horizon: Is This Decade a Re-Make of 'That 70s Show'?
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If we're in a re-make of 'That 70s Show', the plot twists--and twisters heading our way--may be far wilder than we can currently...
Tuesday, July 16, 2024
The Roots of American Populism: Are Trump and Vance Populists?
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Let us hope that whomever ascends to the leadership is a populist in the full sense of the word, channeling Emerson and his fellow critics o...
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