The Trump Crime Syndicate Criminals surround themselves with criminals. FPOTUS is no exception. Courtesy of Greg Olear, PREVAIL Greg Olear is the L.A. Times-bestselling author of the novels Totally Killer (2009) and Fathermucker (2011), as well as 2018’s Dirty Rubles: An Introduction to Trump/Russia, which Salon called “required reading for all Americans.” (Read more here.) […] Source [Read More...]

And Just Like That, The Tight Money Era Is Over They broke everything … Courtesy of John Rubino   At the beginning of last week, everyone expected central banks to “tighten until something breaks”. By the end of the week it was clear that they’d already broken everything. Two middling US banks imploded, European mega-bank Credit […] Source [Read More...]

Ukraine war: Moldova could be the first domino in a new Russian plan for horizontal escalation By Stefan Wolff, University of Birmingham One of the consequences of Russia’s war in Ukraine is the fact that the Kremlin has lost a lot of its influence in former Soviet countries. This creates opportunities to limit Moscow’s ability […] Source [Read More...]

New Data Links Pandemic’s Origins to Raccoon Dogs at Wuhan Market By Benjamin Mueller, NYTimes An international team of virus experts said on Thursday that they had found genetic data from a market in Wuhan, China, linking the coronavirus with raccoon dogs for sale there, adding evidence to the case that the worst pandemic in […] Source [Read More...]

A Reverse Minsky Moment Courtesy of Michael Batnick I will remember this week for the rest of my life. As an investor, you get used to stock market volatility. Economic volatility on the other hand has a way of sticking with you. In the aftermath of the pandemic, the Fed was driving an overheating economy at […] Source [Read More...]

Why Poverty Persists in America By Matthew Desmond, NY Times  This article is adapted from Matthew Desmond’s book “Poverty, by America.” It is being published on March 21 by Crown. In the past 50 years, scientists have mapped the entire human genome and eradicated smallpox. Here in the United States, infant-mortality rates and deaths from heart disease have […] Source [Read More...]

Can the US Military Fight Russia and China? By Peter Zeihan   With the potential for the Americans to get caught up in simultaneous wars with the Russians and Chinese, do I think the US can handle it? The short answer is that the US will be fine, but if you had asked me this […] Source [Read More...]

Dan Nathan Predicts Recession Courtesy of The Reformed Broker Welcome to the latest episode of The Compound & Friends. This week, Nick Maggiulli, Dan Nathan, and Downtown Josh Brown discuss earnings season, yields, mortgage rates, Buffett and buybacks, shorting private equity, world stock markets in 1899 vs today, how millionaires invest their money, the Silvergate […] Source [Read More...]