William Black’s no-nonsense simplification of the fraud that we call a financial system is both addictive in its clarity and stunningly concerning in its scale. article

This is an outstanding summary of the current state of the world economy, explained in the simplest possible terms. Jim Rickards is a current day financial Copernicus, amidst global institutions

Excellent video analysis of economic policy and its consequences. https://www.youtube.com/watch?v=iZ6cwJmI7sQ&feature=youtu.be

The US stock market remains over owned, over leveraged and over valued. It is clear that most investors have not understood the enormous risk they are taking for inevitably poor

Do higher stock and house prices produce higher growth as the Fed believes? If so, not much, if any. This explains the poor forecasting by the Fed and why it

The Federal Reserve now has a very difficult hand to play. This video does a great job of describing the set of issues that will shape its decisions: https://www.youtube.com/watch?v=o_Jt39TdcmM&feature=em-uploademail-ctrl

The consensus believes that the US has just begun a long economic recovery, whereas we believe it is already quite advanced and vulnerable to events in Asia. Falling US MSCI

Podcast of Jim Rickards discussing his new book out next month with Simon Black. https://www.sovereignman.com/podcast/003-the-coming-collapse-of-the-international-monetary-system-13907/

“Since these monetary/fiscal fixes (i.e. distortions) didn’t address the real issues, all they can possibly do is increase the magnitude of the next collapse.” Charles Hugh Smith https://www.oftwominds.com/blogmar14/5-yr-fantasy3-14.html