Earned Income as a percent of GDP has declined for 45 years. Debt, however, has risen exponentially for 45 years Earned Income Capitalism was overwhelmed by the bank credit system The

Seven lean years for world growth Is Japan reaching the limits of QE? Is devaluing the Euro the only option left for the ECB? Global chess game? Or pass the potato? Does

Nomi Prins explains “economic” policy in 2 sentences. Keith Weiner tears down central bank mythology. Volatility explosion is a crack in the facade of “economic” policy. Break-even inflation levels show

Fed missing again, backtracking again “Can Kickers United” Fed now criticizes the Fed! What is the Fed really doing? The car market accident begins Retail Zombies Equity risk – Corporate

“Hayden agreed with me that financial war will be a primary means of warfare in the twenty-first century”  Jim Rickards. Only one person has ever been Director of both the

The chart above shows the rapidly declining internals within the S&P 500, which in the past has signaled significant declines in the S&P 500. While many big cap stocks continue to hold

“We are in the endgame of central planners’ attempts to keep the lid on the simmering stew of profound imbalances that characterize the status quo. Maintaining the Illusion of Stability

“We’ve finally reached the beginning of the end of this grand policy experiment. As a politician, all you can do now is panic & print. No, you can’t print growth.

The Bank For International Settlements annual review, out last Sunday, reveals  the reasons for the current state of global financial incoherence. At last a major policy institution has stated the