A hub for independent voices and hard truths
Guest Post by Charles Hugh Smith from his blog, Oftwominds.com: Value varies. Invest in what’s valuable. It’s a well-recognized human bias to feel losses more acutely than gains. Perhaps something similar occurs with inflation. As essentials soar in cost–i.e. non-discretionary expenses …
by DesmondMilesDant Only a few months left before this thing blows up. This chart shows the total loan assets funded by FHLB at $348,731,000. This is in contrast to Schwab’s current available assets at $325,993,000. To put context to …
via Charles Hugh-Smith So hey, central bank cheerleaders, lackeys, toadies, apologists, apparatchiks and sycophants: no, the central banks aren’t going to “save” your precious asset bubbles from popping. There’s a fanciful confidence afoot that central banks will once again coordinate …
FBI Special Agent Charles McGonigal is expected to plead guilty next week to conspiring with a Russian oligarch. Earlier this year former Special Agent in charge of counter-intelligence in the New York field office, Charles McGonigal, was arrested for conspiring with Oleg …
via Mises.org: The taming of monetary policy necessary to slow price inflation has triggered a corrective trend in the valuation of financial instruments. Many big banks in the United States have substantially increased their use of an accounting technique that allows them …
Authored by Charles Hugh-Smith via oftwominds, Globalization and financialization have fueled the global economy for 40 years. Now they’re in the decline phase of the S-Curve. Does anyone benefit from a deep, prolonged global recession? Perhaps not in absolute terms, but …
Engro Corporation Ltd Is he though? pic.twitter.com/2kVQM88IpA — RobCarson (@Rob__Carson) June 22, 2023 https://www.weforum.org/people/shahzada-dawood Shahzada’s Dawood joined the Board of Engro Corporation in 2003 and currently serves as the Vice-Chairman. He has over two decades of experience in corporate governance …
by Charles Hugh-Smith How did someone like me get shadow-banned? There is no way to know, and that’s a problem for our society and our ability to solve the polycrisis we now face. It seems there are many reasons to …