All those angered by the mere question of the viability of this predatory pillaging in the name of capitalism are incapable of even admitting this cultural crisis exists. Somewhere along the line, we lost the ability to distinguish between earning a profit and maximizing private gain by any means, i.e. Infinite Greed. If you insist …
Category: Monetary Policy
May 05
Experts Are Warning That The 76 Trillion Dollar Global Bond Bubble Is About To Explode
Warren Buffett believes “that bonds are very overvalued“, and a recent survey of fund managers found that 80 percent of them are convinced that bonds have become “badly overvalued“. The most famous bond expert on the planet, Bill Gross, recently confessed that he has a sense that the 35 year bull market in bonds is …
Apr 30
Ten Wonderful Things I’m Grateful For (Irony Alert)
Charles Hugh Smith Being grateful boosts your happiness. Ten wonderful things I’m grateful for. Since every volume on the nearly endless shelf of pop psychology self-help books recommends working up some gratitude as the key to happiness, I’ve conjured up a list of what I’m grateful for. (Please turn your irony setting on.) 1. I’m …
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