Independent thinking for complex markets and current events
Michael Burry of ‘The Big Short’ fame is known for predicting the 2007-2008 housing crisis and financial crash. Now, the former hedge fund manager — who’s earned a reputation for spotting potential bubbles — argues in a recent Substack that Wall Street has been overstating tech earnings by 42% over the past decade (1). This …
This isn’t just “jobless growth.” It’s a signal the system is quietly hollowing out. 🚨What is happening with the US economy? US non-farm payrolls increased just +0.1% YoY in 2025, the weakest job market expansion in 22 YEARS, excluding recessions. At the same time, US GDP expanded +2.2% in 2025, creating a massive divergence between …
This was all pre planned. Government printed dollars. Lowered rates to 0%. You thought you were getting free monies to buy LED TV! In reality you were paying for this with your future and the elites were capturing every single asset — from stocks to houses to farm land! https://t.co/eprXRpb8jj — tic toc (@TicTocTick) November …
The alarms aren’t just blinking anymore. They’re blaring. America’s debt-fueled consumer economy is starting to crack. Families who used to keep the stores and car dealers busy are now falling behind on payments. This isn’t some slow leak. It looks and feels like the early days of 2008, only deeper and faster. Car loans are …
Politicians celebrate GDP gains as proof of a strong economy. But if “growth” just means paying more for groceries, gas, and utilities, are we really better off? Here’s why GDP is a mirage – and why what happens to “the economy” may not apply to you… By Peter Reagan Growing up, illusions were a wonderful …
Wall Street is breathing a myth so dangerous it could destroy fortunes overnight. Everyone is talking about quantum computing as if it is the next great leap in technology, but the truth hides beneath the glossy headlines claiming IBM and HSBC are transforming bond trading and the market will explode to $100 billion by 2035. …
Are you bullish or bearish stocks over the next year? pic.twitter.com/Q01EpYkLiS — Spencer Hakimian (@SpencerHakimian) September 18, 2025 Subprime Crisis 2.0? Red Flags Fly As Alleged Fraud Triggers Billion-Dollar Auto-Lender Bankruptcy https://t.co/LnOPI0viIx — zerohedge (@zerohedge) September 18, 2025
Crypto’s biggest problem isn’t just its volatility—it’s the illusion that it’s solving anything. If you can convince enough people to buy into the hype, it works. Not because of any intrinsic value, but because new buyers are always needed to keep the system afloat. Sound familiar? It should. This is the essence of a pyramid …
Authored by Charles Hugh-Smith via oftwominds, In a functional economy with real competition and transparency, every one of these cartel-corporations would be driven out of business by their ‘too big to care’ incompetence. We’ve all heard of Too Big to Fail, a description of the consequences of consolidating capital and power in a few corporate entities, …
Gold is already quantum resistant and cannot be hacked. Bitcoin is not. Gold will continue to serve it's purpose even without electricity and internet service. Bitcoin needs both. Gold is embedded into the human consciousness. It's recognized globally no matter the location or… — Forex Zone (@ForexZoneForum) December 28, 2024 Each time @Saylor does his …
Political Instability Rising populism signals widespread dissatisfaction with EU leadership. Countries like Hungary and Poland challenge Brussels, creating fractures within the bloc. The EU’s unity is an illusion, with deep divides on energy, immigration, and spending. pic.twitter.com/oNFScZtwpM — GoldSilver HQ (@GoldSilverHQ) December 18, 2024 Social Unrest Widening inequality is fueling protests and strikes across France, …
Another retailer finds out the 2021 “recovery” was mostly an illusion. Prices may have soared and revenues looking good, it didn’t last because it couldn’t. As the company closes hundreds of stores and prepares to lay off an unknown number of workers, more stats show this is no isolated case. The cycle continues and continues …
Pretty much — Elon Musk (@elonmusk) September 3, 2024 Yep. He talked more about this later on in the podcast. Fascinating stuff. — Collin Rugg (@CollinRugg) September 3, 2024
Banks need to help to keep the $NVDA illusion going otherwise they lose their fees stream… as usual https://t.co/wnhdw9qYSj pic.twitter.com/ucAfFWgBUT — JustDario 🏊♂️ (@DarioCpx) August 29, 2024 $AILE Hindenburg newest target pic.twitter.com/ZyoXnJb9BC — Win Smart, CFA (@WinfieldSmart) August 29, 2024
Textbook recession: 2 consecutive quarters of negative real GDP Textbook depression: 12 consecutive quarters (3yrs) of negative real GDP 🇺🇸 currently in 9th consecutive quarter of negative real GDP ⚠️ — CJK (@CJKonstantinos) August 29, 2024 31% of parents say they are unable to afford back-to-school shopping for their kids this year, per Credit Karma. …
Beneath the surface of reported crime statistics lies a troubling reality: a decline in reported crimes masks a surge in unreported incidents, fueled by plummeting arrest rates and faltering law enforcement. As the narrative of decreasing crime faces scrutiny, revelations from the National Crime Victimization Survey unveil a stark contrast, painting a picture of escalating …
Most surreal photos you'll ever see – thread 🧵 1. Eruption on Mount Etna gives the illusion of a Phoenix in the sky pic.twitter.com/EcuMOfGqoh — James Lucas (@JamesLucasIT) April 21, 2024
via Mike Shedlock: Goehring & Rozencwajg put together a fantastic article on the illusion that EVs are more energy efficient. This is a guest post by Goehring & Rozencwajg. The Norwegian Illusion – Guest Post Starting mid-point last decade, the investment community became convinced EV adoption would quickly surge. EV penetrations would become so great that global …
https://twitter.com/MarcusRenatus/status/1686752180080873472
CNN says Hunter was just selling 'illusion' of access to his dad Kind of like how CNN just sells the 'illusion' of journalism — Jack Posobiec (@JackPosobiec) July 31, 2023 Would be a shame if this clip of Joe Biden brazenly, blatantly, knowingly lying to every reporter in America went viral. (pssst you know what …
https://twitter.com/NorthmanTrader/status/1668241972883062785 https://twitter.com/NorthmanTrader/status/1668243598272241667 https://twitter.com/NorthmanTrader/status/1668238110264643586
