Blog en Demographics - Crash Course Chapter 15 ]]><p>Our national demographic architecture no longer can afford the entitlement system we have. And that&#39;s even assuming entitlements were currently sufficiently funded. But as the&nbsp;<a href="" target="_blank">last chapter</a>&nbsp;showed, the existing programs are underfunded to the tune of $100-200 Trillion.&nbsp;</p> <p><a href="" target="_blank">read more</a></p> Blog age wars aging population assets Automation baby boomers Crash Course demographics Gen X millennials outsourcing population unemployment Fri, 26 Sep 2014 22:21:40 +0000 Adam Taggart 87696 at Ready Or Not... ]]><p>If risk has been taken from where it belongs and instead shuffled onto central bank balance sheets, or allowed to be hidden by new and accommodating accounting tricks, has it really disappeared? In my world, risk is like energy: it can neither be created nor destroyed, only transformed or transferred.&nbsp;</p> <p>If reality no longer has a place at the table -- such as when policy makers act as if the all-too-temporary shale oil bonanza is now a new permanent constant -- then the discussions happening around that table are only accidentally useful, if ever, and always delusional.</p> <p><a href="" target="_blank">read more</a></p> Blog aquifer banks BOE BOJ central banks Chris Martenson demographics ECB economy energy environment Fed Federal Reserve oil peak oil population Preparedness shale oil water Thu, 25 Sep 2014 20:00:15 +0000 cmartenson 87650 at Assets & Liabilities - Crash Course Chapter 14 ]]><p>Building on the&nbsp;<a href="" target="_blank">previous chapter</a>&nbsp;on the US&#39; tremendous and exponentially-increasing debt, this chapter looks at the shocking shortfall between our nation&#39;s assets and its liabilities.</p> <p>In short, America is deeply insolvent. We&#39;re just not admitting it yet.</p> <p><a href="" target="_blank">read more</a></p> Blog assets Crash Course credit debt liabilities pensions Sat, 20 Sep 2014 02:29:22 +0000 Adam Taggart 87491 at The Dollar May Remain Strong For Longer Than We Think ]]><p>I have long been a dollar bull, not for any over-arching reasons based on inflation, deflation, rising geopolitical multi-polarity or any of the other issues that touch on the dollar&rsquo;s valuation vis-&agrave;-vis other currencies. My analysis focuses on a few basics:&nbsp; the dollar&rsquo;s status as the global reserve currency, Triffin&rsquo;s Paradox (a.k.a. Triffin&rsquo;s Dilemma) and global capital flows into the dollar and dollar-denominated assets such as U.S. Treasury bonds.</p> <p><a href="" target="_blank">read more</a></p> Blog bonds capital Charles Hugh Smith currency debt dollar exchange rates foreign exchange FX money purchasing power reserve currency reserves trade deficit trade surplus trading currency treasury Triffin's Paradox Wed, 17 Sep 2014 02:50:58 +0000 charleshughsmith 86923 at Debt - Crash Course Chapter 13 ]]><p>The fundamental failing of today&#39;s global economy can be summarized simply:&nbsp;<em>Too Much Debt</em></p> <p>We have taken too much of it on, too fast, in too many markets around the world, to have any hope of making good on it. Not only does the math not work out, but also on a moral level</p> <p><a href="" target="_blank">read more</a></p> Blog Crash Course credit debt default inflation loan Sat, 13 Sep 2014 01:04:24 +0000 Adam Taggart 87309 at Defying Gravity ]]><p>Today&#39;s markets exist in an Oz-like, fantasy world. For 5 years now, stock and bond prices have risen like Dorothy&#39;s balloon, without so much as a puff of&nbsp;downdraft&nbsp;to spoil the fun.</p> <p>Everybody likes higher prices, so let&#39;s have them&nbsp;<em>always</em>&nbsp;go up! Forever!</p> <p>Whether that can happen is a topic of current hot debate, though few think corrections have been permanently banished from the financial markets.</p> <p><a href="" target="_blank">read more</a></p> Blog bond market bonds bull market correction DMA financial markets futures hedging options S&P 500 shorting stock market stocks stops Wizard of Oz Wed, 10 Sep 2014 04:05:39 +0000 Adam Taggart 87192 at How Much Is A Trillion? - Crash Course Chapter 12 ]]><p>One trillion is a big number. In this short video, we try to help you get a sense for just how big; but the reality is simply that the human brain can&#39;t really suitably comprehend magnitudes this large.</p> <p>Which is why we should be concerned that the US&#39; money supply has ballooned to over $12 trillion dollars over the past decade. And that its outstanding debts and liabilities are many multiples that amount.</p> <p><a href="" target="_blank">read more</a></p> Blog Crash Course debt dollar how much is a trillion? Japan money quadrillion trillion Fri, 05 Sep 2014 15:45:14 +0000 Adam Taggart 87128 at Where To From Here? ]]><p>The financial markets were certainly correct in dismissing that rather abysmal first quarter 2014 GDP print, no?&nbsp; After all, the current 4.2% GDP growth snapback revision in&nbsp;Q2&nbsp;is proof positive Q1 was just a one-off fluke. Right?</p> <p>The fact is: for a good five years now, economic pundits have been both hoping for, and then repeatedly disappointed by, the US economy&#39;s inability to achieve &quot;escape velocity&rdquo;.</p> <p>So what lies ahead for the US economy? And for the financial markets? Are things going to get better or worse from here?</p> <p><a href="" target="_blank">read more</a></p> Blog bonds Brian Pretti capital credit crisis debt economic cycle economy GDP hiring Markets optimism small business stock market Wed, 03 Sep 2014 05:02:45 +0000 Brian Pretti 87019 at Inflation - Crash Course Chapter 11 ]]><p>For close to 300 years, inflation in the US remained very subdued. Small spurts occurred around major wars (Revolutionary, Civil, WW1, etc), but after each, inflation quickly trended back down to its long-term baseline. If you lived during this stretch of time, your money had roughly the same purchasing power your great-grandfather&#39;s did.</p> <p><a href="" target="_blank">read more</a></p> Blog Crash Course currency dollar inflation money nixon purchasing power war Fri, 29 Aug 2014 22:36:16 +0000 Adam Taggart 86953 at I Blame The Central Banks ]]><p>The current bubble in financial assets -- in both equities and bonds of all grades and quality -- raging in every major market across the globe is no accident.</p> <p>It&#39;s a deliberate creation. An intentional result of policy.</p> <p>Therefore, when it bursts, we shouldn&#39;t regard the resulting damage as some freak act of nature or other such outcome outside of our control. To reiterate, the carnage will be the very predictable result of our terribly shortsighted decision-making and defective logic.</p> <p><a href="" target="_blank">read more</a></p> Blog BOE BOJ bond market bonds bubble central banks credit debt Doug Short ECB Fed Federal Reserve GDP margin money stock market stocks wealth Thu, 28 Aug 2014 00:17:26 +0000 cmartenson 86887 at