The consequences of failed, long-term pension projections to the public. The inevitability of total breakdown within the pension system. You will not be paid. The outcome will be a nightmare for all concerned. You must take action now. Deflation and negative rates are pension poison. Major, international, highly-leveraged banks are tottering on the edge of solvency. Homeownership is currently at a record low. Dallas manufacturing stats negative for the 19th consecutive month. Corporate earnings have declined for four consecutive quarters. Durable goods orders continue weak. Work itself has got dramatically harder over the last thirty years.
Efforts to identify the conditions most likely to promote satisfying human lives. Choosing a career. Money versus passion. The secrets of self-taught achievers. The fate of Europe: it looks more-and-more like the 20th century horrors were a prelude to the ultimate cataclysm. How did the world reach its current social and economic impasse? Nearly every major western government is bankrupt. What to do as individuals to protect ourselves.
Monumental increases in drug prices: how they do it. Stock market new highs: the players, the lies, the corruption, the sleight-of-hand, all orchestrated by the Federal Reserve. The unthinkable has happened: investors have been set up to have their heads handed to them a third time! Legacy of the automobile. How many people are killed by the police? More on Deutsche Bank. The toxic effects of ‘optimism’.
Massive debt can only produce lower growth. There is no other way. And the politicians know it. Increasing debt is just the means to get reelected. The wealth gap and the perversion of capitalism. Bankruptcies and defaults are soaring. The stock market. The growth and destruction of our major banks. 50% of all food is wasted in America.
The U.S. seems determined to up the ante. Even Germany is expressing concern. This will not end well. The Chilcot Report, finally out after 7 years in preparation, castigates Blair and the U.S. The warmongers are ready for more of the same. Comment on the reckless, worldwide central bank policies and the stock market. Japan’s new, misguided push to run the printing presses again. Bernanke is in Tokyo, ready to ‘help out’. The June payroll report. Plenty of evidence that it was an outlier. Americans are too poor to shop, except for necessities, according to a new study by ARG showing that people are overwhelmingly pessimistic about the future.
An appreciation of millennials by a millennial. Not pretty! The Chilcot report castigates Bush and Blair. The lies behind the current unemployment report. Deutsche Bank. Alan Greenspan: a retroactive look. Reasons to own international bank accounts. Growing tally of corporate defaults. Suspension of property redemptions in London. Brexit and resentment of immigrants.
The demographics and origins of suicide. A new study. Some surprising facts. The historical reality of 'power'. 1 in 10 voters would prefer a giant meteor crashing into Earth over support for Clinton or Trump! New book recommendation by a nuclear weaponry expert. Sobering. Italy careening towards financial Armageddon. More on American brutality. 71% of Americans believe the economic system is rigged. Final words from Nigel Farage as he exits public life.
Listen to Nigel Farage's (last?) speech to the European Parliament. It's quite a tour de force... The people's anger laid bare. A Pew Research report shows America's hegemony receding further. Another survey found foreigners overwhelmingly find Americans 'violent, greedy and arrogant'. Deutsche Bank seen as the greatest systemic risk to the world by the IMF. The absurd praise given to the EU by European intellectuals. More general observations on Brexit. Income inequality. Canada sending troops to the border with Russia. Brexit 'Remainers' now blame Brexit for all the woes of the world!