Harry Dent predicts Mega Crash in June, followed by Millennial-lead recovery in late 2024
Harry Dent is a finance and investment writer, who has a track record of predicting economic crashes, including Japan’s bubble burst in 89’ and the 08 crash. Dent authored The Great Depression Ahead, published right after the 08 crash, predicting a much worse crisis down the road. Similar predictions about impending economic doom have been...
Read MorePowell & Yellen flipflopping on Rate Hikes and Bank Deposits signals greater Volatility
Yesterday, the Fed raised interest rates by .25 basis points, as the Fed did in February before the banking crisis. I speculated that a bank scare could cause the Fed to pivot, but this modest rate hike did not surprise me, as the CPI came in at 6% inflation for February, and there are signs...
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Fed Trap: Financial Collapse or Hyper Inflation?
With this banking crisis, which has serious Lehman vibes, it is a good time to revisit my article, Is This The End of The End of History, from March of last year. The article delt with the theme of collapse vs stagnation, and historical cycles, in light of the Ukraine war, the post-pandemic climate, the...
Read MoreWhile the broke genius archetype may be a meme, the topic of the intelligent yet poor is especially relevant to how we view issues of wealth, privilege, status, and societal incentive structures. A stereotypical demographic profile of the smart but poor, might be of a starving artist or NEET, especially the terminally online underemployed intellectual...
Read MoreThe prospects for UBI in light of inflation, automation, polarization, and consolidation of power
It could not be better timing for Universal Basic Income to rise in popularity and enter the public discourse, and then inflation sets in. Overall there is currently less discussion of UBI then during the 2020 election and the pandemic. The stimulus checks have been blamed for causing inflation, with the overall money supply increasing...
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A speed-addled Manchurian candidate sent to blow up crypto?
The New York Times is going a lot easier on Sam Bankman-Fried than it did on Bernie Madoff. As of this writing, they’re still hyping a Nov. 30 event headlining SBF alongside Zelensky, Zuckerberg, and Yellen. Why be nice to SBF and mean to Madoff? Maybe because Madoff made off mostly with the money of...
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And what's behind the unending parade of acts of self-destructive imperial hubris?
After “parties not-so-unknown” bombed the Nordstream gas pipeline, Anthony Blinken celebrated the “tremendous opportunity.” He assumed the whole Nordstream operation was out of commission. That would have given US producers the chance to make billions of dollars robbing Europe blind selling overpriced gas. But Blinken may have celebrated too soon. According to Bloomberg News: An...
Read MoreRecommends Synthetic Insects Instead
Matthew Ehret and I covered 30 stories on this week’s False Flag Weekly News. Fortunately, the one below did not make the list. If you appreciate the way FFWN combs through each week’s news stories in hopes of separating fact from fiction, absurd reality from barely-more-absurd parody, then by all means contribute to this week’s...
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KATIE HALPER: Professor Michael Hudson, thank you so much for joining us. We're really excited to have you. We wanted to start off by asking you if you could provide an overview of what the economics driving this conflict are—and by conflict, I mean the conflict between Russia and Ukraine, and, of course, with the...
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*The title is a tongue-in-cheek homage to the ever-growing list of articles arguing The conservative case for something entirely un-Conservative with The conservative case for gay marriage still the ne plus ultra of the genre. The genesis of woke capital While the right has focussed on cultural Marxism in explaining the rise of political correctness,...
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