Monty Pelerin's World

Michael Panzer of Financial Armageddon puts matters into perspective with this sentence: I shudder to think just how bad things are going to be when politics and financial markets force [...]

Another analyst unimpressed with the labor report is Michael Panzer of Financial Armageddon: Only Minor Details by Michael Panzner According to Reuters, today’s employment data confirms that happy days are here again: [...]

Financial Armageddon with more signs of a non-recovery Not to pour cold water on the rally — though a little water-boarding might be just the trick to jar loose those rocks [...]

The central thesis of Austrian Business Cycle theory is the distortion created by credit expansions (and contractions) to market signals like prices and interest rates. Distorted signals and prices lead [...]

The juxtaposition between the stock promoters and reality is demonstrated nicely by these clips from Financial Armageddon. The mainstream media is doing its best to fool the sheeple, as is [...]

Financial Armageddon produced the following article.  I thought it worthwhile because many readers of this site comment on my bearishness. Even if there is no “wisdom in crowds,” there is [...]

“No Recovery?” In the best Claude Rains fashion, “I am shocked, shocked!” There is no economic recovery, and there will be no economic recovery this year and probably not next. [...]