Daily Archives: March 11, 2015

Price deflation is the natural outcome of mammoth excess capacity and shrinking demand from aging, indebted consumers.  Lower asset values are a key part of the cure needed to fix global imbalances and restore rational investment math and consumption ability … Continue reading →

Two more rate cuts and more government stimulus efforts over the past 4 months, and still the Chinese economy–weighed by mind-boggling debt and inventory–continues to slow. This massive mean reversion phase has been well earned by the equally massive hyper-investment … Continue reading →

As the consumption-on-debt-bubble deflates, many people are evolving their life plan with a fresh focus on less stuff, no debt, more savings, peace of mind, and plenty of options…ah yes, and meditation, instead of noise. Poker pro Faraz Jaka has … Continue reading →