ECONOMY
The AI Bubble: How Hype, Debt, and Scale Are Building the Next Systemic Shock
Let’s briefly touch on risk. There are different types of risks, and I like to say that risk CANNOT be eliminated — only managed. Keep that in mind as we go through the types of risks. Financial Risk and Concentration: The Systemic Danger Concentration in financial systems creates elevated risk […]
The Great Gold Fever of the 2020s
The Thrill of the Wild “The whole way I’m driving out, I’m thinking I’m going to pull out this freaking $100,000 nugget.” The remark was recently made by 50-year-old Mike Hewlett, a welder from California. With gold now over $4,300 per ounce, he’s traded his hobbies of snowboarding, skiing, and dirt biking, […]
The Big Lie: America Has Defaulted on Its Debt FIVE Times—And a SIXTH May Be Imminent
“Since 1789, the United States has paid all of our bills on time,” said former Treasury Secretary Janet Yellen. “In our history, we have never defaulted on our debt or failed to pay our bills,” said President Biden’s press secretary. “… the United States has never defaulted on its debt,” […]
The Year When Everything Happens in No Particular Order
The pool of speculative fervor will be drained, as impossible as that seems in this moment in history. 2025 may go down as The Year When Everything Happened in No Particular Order, tracking William Gibson’s famous line that “The future is already here, it’s just not very evenly distributed.” Those expecting […]
The Demographic Time Bomb Threatening Your Retirement
America’s aging population, combined with shrinking birthrates and falling immigration, mean fewer workers fund Social Security. Here’s how this demographic reversal could trigger a retirement meltdown… Retirement: That dream of living comfortably, traveling where you want, spending time with who you want when you want, enjoying good health, and getting […]
U.S. Relations With China Just Went Down The Tubes, And So Brace Yourself For Much Higher Prices And Shortages Of Certain Items
Did we just witness the economic trigger event that will cause the dramatic stock market crash that we were just warned about? On Friday, U.S. stock prices absolutely plummeted once President Trump announced that China’s new rare earth export restrictions would be countered by “a massive increase” in tariffs on Chinese imports […]
The Inevitable Collapse of the Bloated State
Shutdown Showdown At the time or this writing, the federal funding for the new fiscal year (FY 2026) has lapsed. The federal government bureaucracy is in partial shutdown. In Washington, D.C., and in federal offices across the nation, nearly a million people are either furloughed or clocking in for work […]
Gold Is Screaming: Are You Listening?
Is this “it?” Has the West finally lost pricing control of gold and silver? If so, is it going too far to suggest that there’s a gigantic monetary and financial reset on the way? Gold is screaming higher, and that’s concerning to everybody who is paying attention. Gold’s price has […]
U.S. Farmers Are Facing The Worst Economic Downturn In At Least 50 Years
The agriculture industry in the United States is deeply broken. Farmers are the foundation of it all, but they are being financially squeezed from every direction. They are being squeezed by the giant monopolies that control the seeds, fertilizer and machinery that they need. And they are also being squeezed […]
A Nation Managed by Misreads: Payroll Revisions, Rate Suppression, and the Debt Crisis
The BLS has come out with another huge rug-pull on its nonfarm payroll count. And also, predictably, this has triggered loud blathering from both Wall Street and the White House on behalf of exactly the wrong conclusion. To wit, we don’t need any more Fed rate cuts! And we don’t […]
