source: @Karl_Was_Right on X The message from MAGA figures regarding the tariffs is that Americans must sacrifice and suffer now for the national good and a brighter future. This is an attitude that has not existed in America since the New Deal and World War II, in contrast to the late 20th Century mantra, which... Read More

source: @Schuldensuehner on X Last Friday was the worst day for stocks since the COVID crash, and the worst week for stocks since the 2008 financial crisis. This crash was one of three instances with back-to-back 5% or more declines, along with the 1929 Great Depression and the 2008 Financial Crisis. While even perma bull... Read More

In any alternative media space, you are sure to find much talk about US dollar dominance, as well as optimistic forecasts of its imminent decline. This is also true in the radical right, where nationalists pine after an end to US imperial hegemony and the rise of a more multipolar world. Often though, this hope... Read More

If we were to pinpoint the key to America’s success through the two World Wars and the standoff with the Soviet Union, it would be its vibrant economy and impressive manufacturing capabilities. This self-evident economic prowess has been reduced to that of an enigma. A substantial portion of the American empire’s value today is imaginary.... Read More

Market sentiment has gotten much more bullish since when I wrote No Collapse is the Real Dystopia in June. This summer saw a major bull market, or rather bear market rally, with the Dow reaching its longest winning streak since the 1980s. The “top economists” did a total U-turn and no longer expect a recession... Read More

So far the 2020s seem more chaotic than previous decades. Based upon current events, economic and sociological data, and looking at historical cycles like the 4th turning theory and Peter Turchin’s research, it looks like there will be a major historical crisis this decade. In contrast, the 2010s felt very stagnant, despite the recession at... Read More

On Fox Business, Shark Tank’s Kevin O’Leary touted North Dakota’s remarkable pro-growth environment with the Nation’s fastest growing GDP per capita. While O’Leary praised North Dakota for its pro-business policies and oil and energy production, he also praised the State for its sovereign public bank, which may seem antithetical for a Reaganite Conservative. Kevin O’Leary... Read More

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 More