Big Trouble in River City. And in Texas,. California, Washington, and wherever else you want to look. Although, if you live in the Northeast, here’s a peachy example of how media-egocentric the Northeast is: CNN blares “California wildfires now larger than New York City and Boston Combined.” See how this works? The media is NE-centric … Read More
This morning we take a jaunt into the very heart of economic thought. We’ll be looking at the component-level as to what “makes up” price discovery. What we come to is the idea that we have emphasized the wrong thing. E.G. the existing paradigm has promoted high unit-volumes of goods. But, QUALITY has been abandoned … Read More
Before we get into the fresh press release from the Labor Department, a word or two about bubbles. Bubble? What bubble? Oh…this bubble: Bitcoin hits $17,000 as bubble fears mount. They never end well. Read that again: never. I mention this because we are witnessing the parabolic rise of Bitcoin. Don’t get me wrong, it has been … Read More
Finance: I laughed when I went back and read Thursday’s UrbanSurvival column. Reason? I’d forgot to mention that FOMO is ‘netese for Fear Of Missing Out. Not that anyone flagged me on it; most of our readers have well-above room temperature I.Q.s. Following up on the Coping article from Thursday – about G2’s pal who lives in her … Read More
I love it Bitcoin was all the way up to $15,361 when I looked. And, since I sold my short position in the market, I’ve been more than pleased to watch Bitcoin because it’s a sort of “coincident indicator” of the National Delusion we’re all presently living under. Seriously? A year ago Bitcoin was what? … Read More
Housing: I hadn’t heard too much from my son for a while – and got to wondering what was up with him so I rang him up and he’s got a new GF. No news there EXCEPT: The new GF has figured out how to totally game “the system” in a crowded big city – … Read More
Ure is tired this morning — that’s what happens when one stays up all night and talks on CoastToCoastAM with George Noory. As a result,, this morning we will have a blissfully to-the-point discussion of the charts and the new book (and print edition with free Kindle version) is just out, Dimensions Next Door: Hacking … Read More
A special note for CoastToCoastAM listeners: (You will need to click on this post to see the chart) We have been tracking the apparent “resonance” between the psychological mood of the country now as compared to the Roaring Twenties. In the chart below, you can see how closely the advances fit. (Continues below) Just … Read More
When I’m not writing books, pursuing projects in Old Man Labs, or just trying to keep up with 30 acres of land that gets 55-inches a rain a year, our main focus continues to be on long wave economics. The “hero” of this field is Nikolai Kondratiev who proposed that there is a regular 48-64 year … Read More
A super-short column this morning since it’s a crazy-day around here. I’ll be on CoastToCoast with George Noory tonight talking about the book (and probably markets, too, since we’ve been spectacularly right on those) – and since that means I will be up more of the night, I try to “bank some sleep” ahead of … Read More
The insanity of the 1929 replay continues this morning with stocks set to open another 200 points higher by the Dow. Even more astounding is that Bitcoin is now seemingly comfortable over 11,000 – and perhaps could go to $20,000 within a month (or three) at present rates. Yes, indeed, the world is nuts, but … Read More
I hope my sources on several matters are dead-wrong, but they are usually not. So this morning I’m going to share some inputs with you and then offer up some action points both for you as well as your loved ones. First, an email from my deflationist pal Jas. You know don’t him, but his … Read More
This morning we explain how the fabled $20.5-trillion in national debt is really more like $61-trillion in debt. And since we’re in such a dandy, caring, sharing, and giving mood, we will also explain how the supposed Tax Cut passed by the Senate really screws everyone and will at far more than the MSM-hyped $1.4 … Read More