Independent thinking for complex markets and current events
Authored by Charles Hugh-Smith via oftwominds, This is why “knowledge is power”: those who define what is “knowable” and “known” shape the reality of everyone in the model / system. Oh crikey, is this another boring post trying to make philosophy relevant? No, it’s a post about survival of the fittest, as what we “know” will …
via Jesse Felder Ruchir Sharma writes, “American retail investors are all in, buying at an unusually aggressive pace this year. Roughly half of US household wealth is now invested in stocks — breaking the record set during the dotcom bubble of 2000… To the old line — never bet against the US consumer — might be …
Authored by Charles Hugh-Smith via oftwominds, So where are corporate profits going to come from as globalization, price-gouging, planned obsolescence, shrinkflation and immiseration run out of rope? We all know there’s a time lag between the moment Wile E. Coyote runs off the cliff at full speed and the moment he realizes there’s nothing but …