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Month: August 2025

The Majority Must be Wrong

QUESTION: I asked GOK who thinks the stock market will crash. It gave a list of people all expecting a crash. It also noted that Buffet was bearish and J.P. Morgan...

PRIVATE BLOG – Houston – We Have a Problem

PRIVATE BLOG – Houston – We Have a Problem Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...

Misleading Q2 US GDP Figure

The U.S. economy did post a headline-grabbing 3.3% gain in Q2, but that figure is misleading. It’s driven largely by the collapse in imports—not by true...

Security Guarantees for Ukraine – EU Prepares to Enter War

Peace talks are a moot point between Russia and Ukraine. Security guarantees for Ukraine have been at the forefront of Ukraine’s discussions but they are actually...