Monthly Archives: December 2023

Yale economist Robert Shiller is warning of a cataclysm for the U.S. dollar if Joe Biden and the European Union follow through on their plan to hand $300 billion of frozen Russian assets to Ukraine, reports professor Peter St Onge … Continue reading →

“Another $250 million weapons package for Ukraine,” notices market analyst Gregory Mannarino in the video hopefully viewable above. But this $250 million has been met with “tepid gratitude” in Kiev. [1] It appears that the shipping lanes in the Red … Continue reading →

“The Economy” (TE) is our de facto religion, persuasively argues Scott W. Gustafson in his book, “At The Altar Of Wall Street”. The Economy’s (TE’s) mission is continual “growth” as measured by TE’s sacrament, money. [1] In all Indo-European languages, … Continue reading →

According to new numbers from Mastercard, consumer spending around Christmas grew just over 3%. This is much lower than last year’s growth of 7.6%. Online spending also slowed from 10.6% last year to 6.3% this year. [1] The aggregate GDP … Continue reading →

“Growth of gross domestic product, the official scorecard for the economy, was reduced from a previously reported 5.2% in the government’s third estimate.” GDP has been revised down to 4.9%. “GDP is forecast to increase by a mild 1% to … Continue reading →

The commoditization of everything in sight stops where? Market analyst Gregory Mannarino says a “tokenization” system will even commodify human beings! [1] Commodity -> Money -> Commodity (C -> M -> C) is the formula given by Scott W. Gustafson … Continue reading →

Silent Night sing Simon & Garfunkel in the 1960s rendition, accompanied by the “news”. Lenny Bruce dead from an overdose of narcotics, Martin Luther King to march in Cicero, Richard Speck accused of murdering nine student nurses, House Committee on … Continue reading →

“In competition, individual ambition serves the common good”, Adam Smith is quoted as saying, in the movie, “A Beautiful Mind”. It was “every man for himself”, dog eat dog. But, says mathematician John Nash (Russell Crowe), “Adam Smith needs revision.” … Continue reading →

Instant analysis prevails no matter what happens in the stock market. It is “higher rate-cut hopes”, me hearties! How can they instantly know why stocks went wherever they did? An explanation is offered by Scott W. Gustafson in his book, … Continue reading →

The economy is our de facto god, argues Scott W. Gustafson in his book, “At The Altar Of Wall Street”. Economics has become the most powerful alternative to Christianity, and is at least theoretically our religion. [1] Gustafson mentions “The … Continue reading →