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When Genius Fails – The Underbelly of Markets

The Long-Term Capital Management (LTCM) collapse in 1998 has been often referred to as When Genius Failed. The collapse of LTCM was instigated by the collapse of...

UK taken to court by EU for not paying non-Brits Social Services

The Eu is like a guy in drag. All dressed up as a woman, but when you look under the dress you get more than a surprise in a Crackerjack Box. On the one hand they...

Understanding Cycles – the Two Extremes – Why We must Crash & Burn

Understanding that everything in nature moves in a cyclical manner is vital to comprehending the world around us. This is how energy moves. The waves in the ocean...

When Iron was worth More than Gold

Before the Iron Age, Iron has been found in both the West and the East treated as a precious object that was more valuable than gold. Recently, the debate over...

We lost our Central Bank

I have stated numerous times that a central bank is essential. Banks take depositor;s money on demand but lend long-term. When a crisis hits, depositors want their...

New York lost the Status of Financial Capital of the World. Who has it Now?

New York and the corruption of the courts and government that has made the bankers the new “Untouchables” has taken its toll. The actual financial...

Due Process & New York – The End of Reason

QUESTION: My daughter in school discussed your case as a denial of due process of law. Your case is really famous in legal circles. ANSWER:  I get that many times....

August Is On It’s Way

One Reader Writes: Yes Europe in their summer,  for those that actually work(ed) in European institutions, the upper management — (parasites – say it...

EU Backs down of Austerity

The EU is allowing the Austerity measures to subside realizing at last that they are creating major civil unrest. They are backing off and expanding debt to try to...

The Untouchables & Politics Come 2016

The United States is being seen as just hopelessly corrupt and the next downturn in the economy is not merely going to come down on those in Congress always willing...