of two minds

Economy

The Four D’s that define the future

28/09/2020(0)
  When the money runs out or loses its purchasing power, all sorts of complexity that were previously viewed as essential crumble to dust. Four D’s will define 2020-2025: ... Read More
real estate img

When Assets (Such as Real Estate) Become Liabilities

29/12/2016(0)
It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets ... Read More
median-household-income

Fun with Fake Statistics: The 5% “Increase” in Median Household Income Is Pure Illusion

20/09/2016(0)
The truth is the rich are getting richer and everyone else is losing ground as inflation chews through stagnant incomes. Supporters of the status quo nearly wet their pants ... Read More
Japan-City

Lessons from Japan: Decades of Decay, Unavoidable Collapse

27/04/2016(0)
Japan has proven that decay can be stretched into decades, but it has yet to prove that gravity can be revoked by central bank monetary games. Japan’s fiscal and ... Read More
Titanic4

Why Our Financial System Is Like the Titanic

15/03/2016(0)
The “unsinkable” global financial system is rushing headlong toward its encounter with the iceberg. Why did the Titanic sink, despite being considered unsinkable? The conventional answer is the design ... Read More
fed

Why the Fed Has to Raise Rates

04/12/2015(0)
No empire has ever prospered or endured by weakening its currency. A great many insightful commentators have made the case for why the Fed shouldn’t raise rates this month–or ... Read More
jobs-unemployment

Financial Independence via Self-Employment: How Do We Do It?

23/09/2015(0)
Financial independence via self-employemnt is still possible, and there are a number of pathways to that goal. The conventional financial industry touts gaining financial independence by playing Wall Street’s ... Read More
spx S&P500

Why the Market Could Soar From Here

08/09/2015(0)
Does the Fed really have a choice, given that the game is now for all the marbles? We all know the global economy is slowing, so why would stocks ... Read More
Greece-europe

Greece and the Problem of Correcting Trade/Productivity Imbalances

17/07/2015(0)
Piling on more debt is the worst possible way to correct structural trade and productivity imbalances. In Greece and the End of the Euroland Fantasy, I suggested the trade ... Read More
Broker Cyprus TopFX