Above is the front page of The New York Times on June 9, 2015. They are starting to talk about the problem in government. This is a total mess. Indeed, we are going to have to restructure everything from top to bottom. Meanwhile, those in Washington are too preoccupied with playing king of the mountain to […]

Chicago may become the next Detroit. We can see this Big Bang unfolding everywhere around us at a very rapid pace. Moody’s Investor Services just cut Chicago’s bond rating from Baa2 to Ba1, while Standard & Poor’s lowered the city’s rating from A+ to A-. Fitch Ratings also cut Chicago’s ratings from A- to BBB+. […]

QUESTION: Thank you for the research and insightful posts you share with us each and every day. Question: Since you are keen of market cycles, I wanted to get your take on the 7-year Shmita cycle and the 49-year Jubilee cycle that arises from the 7-year Shmita cycle. As you know, Shmita means ‘shaking’ or […]

QUESTION:  Dear Martin, Thank you for the education in economics that I am receiving from you by reading your daily blog. I have  one question:  When you refer to the “big bang” that is going to occur on 2015.75, can I infer then a “bigger bang” will occur on 2024.35 and that the “biggest bang” will occur on 2032.95? […]

  While I am a supporter of  MATT TAIBBI at the Rolling Stone, his take on the Pension Crisis is really off the mark. Taibbi focuses on the fees being paid to hedge funds as robbing state worker pension funds. What he fails to address is that the taxes are rising on the Middle Class to pay […]

Just in case if you have not seen this, Big Bang is clearly in play. The dominoes are starting to fall! Obviously, bearish for the Euro broader-term, but will be interesting to see how the peripheral debt trades tomorrow. The ECB Press release emerged on a waiver of collateral regarding Greek Bonds. The Governing Council […]

The Trading Money Center New York bankers did a brilliant sales job on policymakers, central bankers, and economists that the way to stabilize the world economy was to securitize everything. This combined with what they called the “Originate and Distribute Model” would lead to the promised-land in finance.  Indeed, financial intermediation has changed dramatically over […]

QUESTION: Hello Martin, Been a long time follower, met you finally  in Phlly(I was the big white haired guy in the hallway at he end of the conference), which was wonderful by the way. As we approach the Big Bang, I am tryig to be as liguiid as possible to follow the Capital Flows, so […]

  Numerous emails have been coming in about what is “Big Bang” that we originally forecast at the 1985 Conference. To put this in plain cyclical terms, there has not been a trend that lasts for more than 26 years without serious change.   Originally, the depression that followed 1873 lasted for 26 years with […]

The Sovereign Debt Crisis is unfolding on schedule. I have warned at the Philadelphia Conference that half of Germany’s municipalities are on the edge of bankruptcy as was the case with Detroit. Instead of reform, no, government just increases the tax burden upon the people who they see having an endless supply of money to be […]