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Economic, Financial and Political Analysis
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Why Things Will Get Worse — Much Worse 30 comments
Monty Pelerin on Libertas Media 1 comment
Smoke And Mirrors Running Out — Depression to Follow 2 comments
Some Commentary On Inflation 7 comments
The Myth Can’t Hold Much Longer 0 comments
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A Reasonable Discussion About Gold
I routinely feature Gordon T. Long and his Macroanalytics presentations here frequently. His analysis is generally excellent and actionable. This recent audio/slideshow includes Ty Andros, a regular with Mr. Long, and David Chapman, a newcomer to Long’s site and someone new to me. Mr. Chapman is a cycle theorist, something I have never been comfortable [...]
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Character Shows In Ardmore, Pa.
As a golfer, I cannot refrain from offering some off-subject comments regarding the recent US Open. The US Open is a test unlike any other in golf. It takes skill, courage and stamina. Only someone who has played competitive golf understands the enormous pressure these skilled golfers endured. Missing a shot by only a matter [...]
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CHANGES ARE COMING
There are some changes that regular readers should notice. As promised, the “Trading To Armageddon” website is being combined into this one. The immediate change is an expanded menu for the site. “Trading” and “Premium” have been added. Trading is partially populated as of now, but Premium is not. Premium will be the section that [...]
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Market Punditry As Astrology
Is recent market behavior the beginning of a market turndown? No one knows, although it is easy to find people providing “answers.” The value of these predictions approach those of astrologers and fortune-tellers. What follows are some thoughts regarding markets. History and Markets History is a summary of what historians consider relevant. Selectivity of a limited [...]
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- Guest Post: Market Punditry As Astrology | IndyInAsia-Pacific
[...] Originally posted at Monty Pelerin’s World blog, [...] - Prepper News Watch for June 17, 2013 | The Preparedness Podcast
[...] How Does It End? | Monty Pelerin’s World [...]
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About Monty Pelerin’s World
"Monty Pelerin" is a pseudonym derived from The Mont Pelerin Society. Friedrich Hayek, Nobel laureate in Economics founded the group in 1947.This site has no connection with the Mont Pelerin Society other than a coincidence in philosophy.
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Ok, now… the time has come for all of us to take our heads out of the sand box, and get real. Way past time, in fact, and the party’s over, using a couple of euphorisms.
WE are broken as a nation, regardless of whom we blame, and the time has come for biting the bullet, and sacrificing our customary life styles, wealthy or frugal. None of will likely get through this unscathed, and only the few will starve who have lost the instincts of survival, or whom have become solely dependant on Big Bro’ and The Holding Company..
This is no time to panic, nor (actually) to stash your rapidly devaluating money, but best spent on canned foods and survival gear, even if this crisis passes.
Think on this, now.. There is a huge difference between surrendering, and acceptance of the, perhaps..strong possibility of the ultimate collapse of the economy, and you can’t eat gold.
Ammunition may well be the future ‘coin of the realm’, and we are ultimately responsible for ourselves, and our own survival.. Buckle up. or buckle down. You can’t do less.
This is exactly where our nation is headed if Comrade/Sultan/Emperor Obama is re-elected. Paraphrasing the old Smokey the Bear commercials of years ago: “ONLY YOU CAN PREVENT OBAMANATION”.