Richard Russell, respected investment adviser for over half a century, has been operating at half-speed for him which is full speed for most of us. In this short note he [...]
Great Depression
How Far to Go?There is no way to reasonably estimate how long the depression will last. Michael Panzner discusses one way to estimate timeframes. Are We There Yet? by Michael Panzner (Image: source.) Like children [...] |
Economic Armageddon Seen As ImminentSuddenly it is getting crowded in the world of those predicting economic armageddon. In a sense, that is comforting for those of us who were early and few. Once relegated [...] |
A Lost Decade (or More)The US has now joined Japan in terms of having a “lost decade.” Japan is still far ahead, however, as they are in their third lost decade. Their stock market, [...] |
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The Inevitability of Another Great DepressionI have argued that we are in or inevitably headed for another Great Depression and there is no way to avoid it. Mathematically, we passed the tipping point several years [...] |
Smoke Gone and Mirrors CrackingGovernment is out of weapons as the US economy plummets relentlessly toward its date with destiny. Despite the cries for more interventions, the reason the economy is in this condition [...] |
Mort Zuckerman Turns on DemsMort Zuckerman, hardly known as a Republican sympathizer, has produced a devastating report on Why the Jobs Situation Is Worse Than It Looks. In the report, he states: We now have [...] |
The Trauma That Is Directly Ahead and InevitableA depressing ending to our economic crisis lies ahead. It is not a failure of economics but a failure of those economists who, like hired guns, sell out to political [...] |
Depression — A Forbidden Word but A Current RealityGeorge Washington has written an important piece on how we are on the verge of another Great Depression. This is a must read, especially for doubters. Back in 2010 I [...] |
Divergence From RealityMichael Panzner writes about the divergence between wage expectations and stock market performance in the article below. This divergence cannot continue forever. One of his two charts is going to [...] |
Exploitation by The FedThe disgrace that is government and its cohort in crime, the Federal Reserve, is obvious from the following chart: The red dot represents the date the Fed was created. The [...] |
Photos From Our PastThis collection of photos is wonderful. It shows people during and immediately after the Great Depression. Both the pain and strength of these folks is evident. Our current generation is [...] |

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