Recent Posts - page 2
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The Warsh Fed
Unfortunately, there will be no growing our way out of today’s pickle. In theory, economies can inflate away over-indebtedness. In reality, efforts to inflate out of Bubbles ensure only greater and more destructive Bubble excess. And it is fundamental to my analysis that prolonging “Terminal Phase Excess” courts disaster.
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Shortages Coming
The first shortage hitting America will be motor oil. Nissan and Autotech announced a 50% reduction in supply in the coming year. So does that mean a 50% reduction in oil changes for those old fashion internal combustion engines to… Read More ›
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Anyone Else Have Issues with This
