If it’s somethin’ weird an’ it don’t look good

If there’s somethin’ strange in your neighborhoodWho ya gonna call?(Ghostbusters!)If it’s somethin’ weird an’ it don’t look goodWho ya gonna call?(Ghostbusters!) With the “Federales” talking up more lockdowns, their Ministry of Truth expanding and formalizing their diktats to their all-too-enthusiastic oligarchical cronies, and the casino face-planting while inflation steps up, it makes you wonder: howContinue reading “If it’s somethin’ weird an’ it don’t look good”

Bankrupt State – Spiking Inflation

History teaches that oligarchies and their statist allies (“public-private partnerships”) suck the life out of a nation and its economy as soon as they get a bite on sufficient power. Yet, a lot of people support this dynamic – PPPs. Govetnment “investment” in “the future.” I suspect they hope to get a taste for themselvesContinue reading “Bankrupt State – Spiking Inflation”

Banana Republic – Literally

The Personal Current Transfer Receipts (PCTR) report summarizes government social benefits and net current transfer receipts from business (unemployment). Simply put, it’s government welfare. And that welfare is behind the record surge in personal income in March when China Joe, the Sock Puppet “president,” distributed $1.9 trillion in “stimulus checks”. March PCTR payments ballooned toContinue reading “Banana Republic – Literally”

First Real Estate, Then Oil, Next is Food

The quantity of USDs in circulation has been growing at an accelerating rate since the JFK/LBJ Guns and Butter program. The bill came due when Nixon came along. One option was to cut spending and raise taxes to pay off the debt. Nixon took the other option and closed the gold window giving rise toContinue reading “First Real Estate, Then Oil, Next is Food”

Chris Whalen on the 2025 Correction

When we compare Weimar Germany a century ago to Oligarch America today, it’s easy to get a sense of deja vu. So how does this play out? As always, Chris Whalen can explain: https://www.theinstitutionalriskanalyst.com/post/the-great-correction-of-2025 In this issue of The Institutional Risk Analyst, we focus on the global tendency toward inflation even as economists insist thatContinue reading “Chris Whalen on the 2025 Correction”

27% of Household Income now comes from the Government

USBEA Personal Income and Outlays: https://www.bea.gov/news/2021/personal-income-and-outlays-january-2021 Let’s think in terms of a good news/bad news joke. Personal income increased $1,954.7 billion (10.0 percent) in January according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) increased $1,963.2 billion (11.4 percent) and personal consumption expenditures (PCE) increasedContinue reading “27% of Household Income now comes from the Government”

ZB – Free Fallin’

But what’s more important is that it is dropping while picking up velocity while realized volatility is also dropping. Connect the dots McFly. Or, let Evil Speculator do it for you: https://evilspeculator.com/the-pressure-cooker/ Mmm num ba deDum bum ba beDoo buh dum ba beh beh Pressure pushing down on mePressing down on you, no man askContinue reading “ZB – Free Fallin’”

The Hard Realities of Population Dynamics and Accelerating Debt

Chris Hamilton’s Econimica blog remains one of my favorites. In his latest posting, Chris’s punchline remains on-point and entertaining Some say these are the seeds of the second American revolution as a class of unelected, undemocratic central bankers enrich a tiny majority at the expense of the majority…but I just like making colorful charts. IContinue reading “The Hard Realities of Population Dynamics and Accelerating Debt”

Arbitrage

Zero Hedge: https://www.zerohedge.com/crypto/microstrategy-selling-600-million-bonds-acquire-additional-bitcoins MicroStrategy Is Selling $600 Million In Bonds To “Acquire Additional Bitcoins” With Bitcoin surpassing $50,000 for the first time this morning, Business intelligence and mobile software firm MicroStrategy has announced it intends to sell bonds and use the net proceeds to “acquire additional bitcoins.” In the last few weeks, MicroStrategy has been addingContinue reading “Arbitrage”