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“Wars and Rumors of Wars” – The History of the Near Future, Part I – Inequality and Demagogues
“History doesn’t repeat itself, but it often rhymes.” – Mark Twain Quick quiz… Inequality and a major economic crisis have made it increasingly difficult for the poor/ middle class to get ahead, and many feel themselves falling behind. As a … Continue reading
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Just Another Manic Monday…
There appear to be two schools of wildly-diverging thought among investors right now, and I’ve been thinking how to bridge the two camps, since I can’t imagine them being both so incredibly wrong given the trillions of dollars on the line … Continue reading
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Bubble, Bubble, Toil and Trouble…
Two months ago I wrote a blog post about where I thought the economy was heading. Since then, I’ve learned some things which suggest more pessimistic outcomes. I wanted to write them down, both for my memory and to inform … Continue reading
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The Next Recession…
I. Introduction “For now we see in a mirror, darkly; but then face to face: now I know in part; but then shall I know fully” – I Corinthians 13:12 The past year I have spent a lot of time … Continue reading
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This Time Is Different!
The yield curve inverting is one of the most reliable indicators that a recession is looming in the not-too-distant future. And last Friday, the 10 yr/3 mo yield curve (considered the most accurate) inverted for the first time since January … Continue reading
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