The strategy of “buying time so the financial system can heal itself” by protecting a systemically destabilizing financial sector has failed because it could only fail. By Charles Hugh …
(It is valuable to read forecasts published prior to a debacle such as the 2008 financial meltdown. Below is an analysis that first appeared in an important financial newsletter, …
And they shall build the old wastes, they shall raise up the former desolations, and they shall repair the waste cities, the desolations of many generations. — Isaiah 61:4 …
And the anger of the Lord was hot against Israel. So He delivered them into the hands of plunderers who despoiled them; and He sold them into the hands …
By Charles Hugh Smith It’s not the managers who are incompetent, it’s the organization itself that is incompetent. I received a number of interesting reader responses
By David Tulis We’ve reported the federal government’s continuing war on cash, both a recent proposal about digital transactions and a long-term policy that has kept the largest denomination …
By David Tulis James Catanzaro, a state official in charge of Chattanooga State community college, gives a lively lesson about how the free market works. It works through personal …
