April 23, 2015  •  11 comments
When banks start paying you to borrow money, you know you are living in a world gone mad.
April 21, 2015  •  # $
China’s much anticipated international payment system is set to launch. It could be a big blow to the dollar—and America’s ability to police the world.
April 8, 2015  •  # $

Sometimes smart people are extremely dangerous. Blinded by their own brightness, they can’t see what is right in front of them. That’s the lesson of Job—as in Job of Bible fame. He was so talented, smart and good that he couldn’t see he was guilty of one of the most dangerous sins of all—self-righteousness.

... Read »
April 7, 2015  •  # $
The world just missed the biggest financial event since America abandoned the gold standard.
April 3, 2015  •  # $
Is the dollar’s reserve currency status under threat from China’s new bank?
March 26, 2015  •  # $
Debt is good, dollar is gold, and stocks only go up—things are getting curiouser and curiouser.
March 6, 2015  •  # $
The conference on ‘countering violent extremism’ is actually fostering violent extremism.
February 26, 2015  •  # $

The Federal Reserve Bank of New York says more students are struggling to pay back their loans. At the end of 2014, student loan delinquencies (loans at least 90 days overdue) increased to 11.3 percent, up 0.2 percent from the previous quarter.

... Read »