Monthly Archives: June 2015

Worst Period in U.S. History?

The worst period in United States history has begun. Bad times like the one we are entering, like the Great Depression and the World Wars, are caused by dishonest government policy. Quantitative easing has destroyed the viability of the economy. … Continue reading

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The Role Of Government

Different countries assign different roles to government but in practice all governments do primarily just one thing. Government provides a way for super smart people to exploit the stupidity and instinctive behavior of the general population. So far a 50,000 … Continue reading

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World Series of Stock Market Manipulation

First understand these things. Quantitative easing is a political agenda not an economic remedy. Economic forecasts coming out of the Federal Reserve have been wrong 100% of the time. Greek debt exceeds the assets of the Greek banking system. Friends … Continue reading

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Strength Of the Russell 2000

Do not be confused by the strength in the Russell 2000. For anyone who does not follow the stock market, this is an index 0f small capitalization stocks. I have explained over and over again the folly of treating the … Continue reading

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What Can Greece Do?

Greece cannot pay its bills and given its current economic system cannot grow. As part of the European Union. Greeks will have to get used to being poor. The alternative is to leave the European Union, replace their government, disavow … Continue reading

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Fed Meeting Update

As far as I know, I am the only economist in the world who is and always has understood that Federal Reserve policy is a political agenda only. Quantitative easing has never had the potential to right the economy. In … Continue reading

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Stock Market Weakness

This is a reminder that when genuine weakness occurs, central banks here and around the world will buy heavily to stop any downside momentum. Big money is largely holding tight. As we all know pigs will not leave the trough … Continue reading

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Be Careful Shorting

Am I sure the market is going to crash? Of course I am sure. That is how tension in rigged markets is resolved. Does that mean everyone should start opening short positions? Another attribute of rigged markets is that the … Continue reading

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New Cannon Fodder For Big Pharma

For many decades the pharmaceutical industry has used government to rig their markets in such a way as to keep drug prices as high as is humanly possible even though the same drugs are sold for just pennies in other … Continue reading

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Serious Ass Covering Has Started

An additional difference between Common Sense Economics and Ivy League economics is that we observe what is actually happening in the world outside of numbers. Again, numbers are great for building bridges and rocket ships. In studying economics which is … Continue reading

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