Follow
____________________________
Daily Archives: May 23, 2024
We pick our poison
It’s a worldview thing: bulls celebrate AI euphoria led by Nvidia (chart below courtesy of Bloomberg), driving record-high stock valuations amid overstated job and GDP growth that get revised lower in retrospect. Realists see all this and everything else within … Continue reading
Posted in Main Page
Comments Off on We pick our poison
Debtasized: How our reliance on credit leads to price inflation
Easy credit pushed up the price of existence for all by enabling unsustainable demand. Now we have the payback period. The video below from Doug Hoyes and Co is worth watching. I found playing it at 1.25x speed was more … Continue reading
Posted in Main Page
Comments Off on Debtasized: How our reliance on credit leads to price inflation
;
