Second Depression Rhymes: China Bank Runs

We have told you many times: “In Depressions, the seat of world financial power moves West.” This has certainly been the case as our Second Depression has begun to unravel.  But even here, we must remember that “The Depression” wasn’t referred to as “depression” until a 1934 economics book popularized the term. There are several … Read More

Keyword Roulette

Wherein we replace the programmatic news decided by the Powers and minion Editors.  And instead, we use a “What keywords really matter in my Life?” approach. We’ll give you the idea and you can dial it in to whatever your circumstances are. It’s a reaction to wife Elaine’s sometimes habitual listening to the “all news” … Read More

How THIS Depression is Different

Academics have screwed the world up more than they think.  Two examples should make this clear. The first is how in many (if not MOST) schools, history is taught as “politiography.”  In other words, from Columbus on, world history has been considered on its sociological groupings, not its manufacturing and economic realities. Take slavery – … Read More

Monday: Twits, Tweaks, and Inflation Paradox

Wednesday morning get braced:  the Consumer Price Index (inflation gauge) will be released.  Sure, this morning is quiet and all.  But many pieces are moving just below the surface. Dow futures down 150-ish. Like Elon Musk blowing out of the Twitter acquisition this weekend.  As we’ve been following this, looks to us like there are … Read More

Two Job Numbers to Chew, Guidestone Marker Question?

Since our forte is economics around here, how about we begin with the two job numbers hitting the Street when the bell sounds? The first one out was the Challenger Job Cuts report. “Job Cuts Surge Up 57% From May 2022, 59% From June 2021 U.S.-based employers announced 32,517 cuts in June, a 58.8% increase from … Read More

One Holiday from Collapse?

We all love the good times and friends that gather over the Fourth.  But, the opening ponders, with a (*violent) Fourth now behind us, are whether America is only one holiday away from collapse becoming widespread and undeniable? The next holiday ahead is Labor Day which falls on Monday September 5, 2022. Three numbers to … Read More

Troubled Tuesday: BRICs Thrown, Trade, and Elliott

Remember the movie, Jaws?  Where that dandy theme rumbles as you can almost see the mega shark?  Cue that up on the hi-fi because, brothers and sisters, the world has changed overnight. BRICs Thrown in WW III Specifically, the World (and drivers for WW III) became clear a couple of days ago when the story … Read More

Bitcoin Decline for Idiots – Why Teenth?

The U.S. markets are closed in observance of a democrat give-away to federal workers’ event.  I think that’s the polite way of putting it. Older (meaning wiser) heads will remember that it was not until 1971 that America had a national origin holiday.  That was when Columbus day (which sounds pretty White to us, though … Read More

Prophecy, Cardiac Insufficiency, and Hypoxia

My latest adventures in the world of medicine – like a recent nuclear treadmill test – have lit a series of interesting linkages.  This morning we raise some fascinating questions about prophesy, the role of hypoxia, and then wonder is sleep apnea exists to “pave the way” into our personal future. This may seem like … Read More

1929 Compared: Powell’s Crash Crossroads -BTC Fails

1929 comparison chart

Before the 1929 Comparison Chart, realize Bitcoin is collapsing. A canary in the financial coal mine has just keeled over. Just over $24,200 $23,846 as I write this, we regrettably are on track to another basic economic prediction coming true. With condolences to our readers who “took the plunge” into Bitcoin – who we fear … Read More

Riding the “Right Wave” – Int’l Trade Figs

A fellow seeker of the “right path” took me to task overnight for the Monday column opening.  Where I wrote “There’s not a hell of a lot to yammer about this morning….” In which he pointed out that Evil is everywhere these days, a Drooler is coming for our guns (and seems fixated on 9 … Read More

Next Week the Fed – Heat’s on – Lost Tool Quest

There’s not a hell of a lot to yammer about this morning.  So let’s! We could talk about real estate changing hands in eastern Ukraine I suppose: Russia-Ukraine war: Sievierodonetsk and Lysychansk being ‘levelled’, says Luhansk governor, as Russian shelling intensifies.  Real estate values seem to be dropping? Or, we could talk about the Israelis … Read More

Advice from Captain Gooding

Two parts to this morning’s report.  First, the non-mathematical reason why economic depression is semi-inevitable.  Stay tuned. It follows-on from wild price appreciation coming to virtually everything this fall. After the “theory class” we hear from a long-time source – who has taken on a new nom de plume (moniker) although at the same rank).  … Read More