Juggling Dynamite

Central banks are not actually “running markets.” They are running market psychology, that is, for so long as participants are willing to buy in. As we saw last in March 2020, once misplaced confidence inevitably falters, risk bets implode rapid-fire, all at once.  This multi-trillion dollar game of chicken run by the self-dealing financial cartel is certain to be more systemically devastating than in 2000, 2008 and 2020.  Who likes the odds here?

Guggenheim Partners Chief Investment Officer Scott Minerd says markets are becoming “addicted” to central bank stimulus. He speaks at the Milken Institute’s 2021 Global Conference.

Here is a direct video link.

Also, see This is how long the Fed cover-up has been going on for more insight on frontrunning and insider dealing among central bank members.

Are you paying attention Canada? The move is to refocus from property inflation policies to renewable energy. China’s economic model broken?
https://t.co/XPhO8NYC0h via
@FT

—
Danielle Park (@kdaniellepark) October
18, 2021

Episode 3 of the Rethinking Humanity series by @RethinkX reveals that the same complex processes that drive the patterns of technological change can be found at the level of civilizations, driving the pattern of human history. This pattern explains why and how leading civilizations grow and collapse.

Early humans escaped the Age of Survival by seizing the opportunities of technology convergence. They forged new production and organizing systems that set in motion the Age of Extraction, a zero-sum game of winners and losers, re-versioned over centuries of expansion, colonization and collapse. These stories lead us to today’s global organizing system. With nowhere left to expand, we must transform.

This is the third of an eight-part series.  Here is a direct video link.